Settings8H · net · $10k
Funding arb · Price arb /

BB

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.1859%/8h= +203.6% APRpaid last 24h −0.288%
Price spread now: Kraken Futures against Gate+0.114%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$56 a day on $10k at the current rate, and Kraken Futures is 0.114% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BB_USDT0.0091400.0100pay 0.0050% / 4h1h 31m$133K$220K50x
ShortKraken Futures PF_BBUSD0.0091500.1959get 0.0245% / 1h31m 57s$22K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$390.39
Price spread: +0.114% → 0.000%
$11.39
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$376.78
Costs to cover
0.250%
Break-even
0.2 days
Slippage unknown: Gate: live order book, 24 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 24 min ago16.44 bp128.0 bp −$128doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BB on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BBUSDT+0.0100%4h0.009143+0.037%$12K$13K5xas long as short
Binance BBUSDT+0.0100%4h0.009142+0.022%$3.3M$6.9M50xas long as short
Gate BB_USDTlong+0.0100%4h0.009140long leg$133K$220K50x
MEXC BB_USDT+0.0100%4h0.009144+0.044%$1.4M$571K100xas long as short
KuCoin BBUSDTM+0.0100%4h0.009150+0.109%$449K$90K50xas long as short
Bitget BBUSDT+0.0100%4h0.0091400.000%$328K$480K50xas long as short
BingX BB-USDT+0.0630%4h0.009150+0.109%$1.3Mas long as short
Bybit BBUSDT+0.0656%4h0.009155+0.164%$692K$802K25xas long as short
Kraken Futures PF_BBUSDshort+0.1959%1h0.009150+0.114%$22K$3K10x