Funding you earn now, next payment 07:00 UTC+0.2470%/8h= +270.5% APRpaid last 24h −1.062%
Price spread now: Gate against Kraken Futures−0.323%51s7-day average −0.165% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.109%−$11 on $10k
+Price spread, last 4 days (all we have)+0.266%+$27 · spread now −0.323%, 7d avg −0.165%
=Funding pays, the price is against you. Gate is 0.158% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.323% now, against its 7-day average of −0.165%). If the spread goes back, that is −$16 on $10k: about 5 hours of funding at the current rate (+$74 a day). Mind the row above: over the last 7 days funding on this pair cost −0.109%, so the current rate has only just turned in your favour. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.109% in total (about -5.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ATHUSD | 0.005518 | −0.2370 | get 0.0296% / 1h | 55m 22s | $17K | $109K | 10x |
| Short | Gate ATH_USDT | 0.005500 | 0.0100 | get 0.0050% / 4h | 1h 55m | $787K | $607K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $518.8
- Price spread: −0.323% → −0.165%
- −$15.8
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $478
- Costs to cover
- 0.250%
- Break-even
- 0.6 days
Slippage unknown: Kraken Futures: live order book, 52 min ago; Gate: live order book, 51 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 52 min ago | 18.30 bp | 73.8 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 51 min ago | 5.50 bp | 66.3 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
ATH on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ATHUSDlong | −0.2370% | 1h | 0.005518 | long leg | $17K | $109K | 10x | |
| Variational Omni ATH | −0.0116% | 4h | 0.005499 | −0.349% | $185K | $93K | — | as long as short |
| dYdX ATH-USD | 0.0000% | 1h | 0.005511 | −0.121% | $11K | $59 | 5x | as long as short |
| BloFin ATH-USDT | +0.0063% | 4h | 0.005525 | +0.130% | $163K | $71K | 75x | as long as short |
| Aster ATHUSDT | +0.0100% | 4h | 0.005504 | −0.256% | $5K | $41K | 5x | as long as short |
| Binance ATHUSDT | +0.0100% | 4h | 0.005505 | −0.232% | $3.3M | $4.4M | 50x | as long as short |
| Bybit ATHUSDT | +0.0100% | 4h | 0.005498 | −0.359% | $4.3M | $2.7M | 25x | as long as short |
| OKX ATH-USDT-SWAP | +0.0100% | 4h | 0.005498 | −0.359% | $708K | $1.3M | 20x | as long as short |
| Gate ATH_USDTshort | +0.0100% | 4h | 0.005500 | −0.323% | $787K | $607K | 30x | |
| MEXC ATH_USDT | +0.0100% | 4h | 0.005506 | −0.214% | $8.9M | $665K | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ATHUSDTM | +0.0100% | 4h | 0.005508 | −0.178% | $552K | $79K | 30x | as long as short |
| Bitget ATHUSDT | +0.0100% | 4h | 0.005505 | −0.232% | $1.6M | $918K | 25x | as long as short |
| BingX ATH-USDT | +0.0100% | 4h | 0.005498 | −0.359% | — | $21.4M | — | as long as short |
Kraken Futures PF_ATHUSD
Gate ATH_USDT
Variational Omni ATH
BloFin ATH-USDT
Aster ATHUSDT
Binance ATHUSDT
Bybit ATHUSDT
OKX ATH-USDT-SWAP
MEXC ATH_USDT
KuCoin ATHUSDTM
Bitget ATHUSDT
BingX ATH-USDT