Funding you earn now, next payment 01:00 UTC−0.0608%/8h= −66.5% APRpaid last 24h +0.318%
Price spread now: Gate against Kraken Futures+0.514%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Gate is 0.514% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.514% now, against zero (this spread has no 7-day history yet)): +$51 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BBUSD | 0.009143 | 0.0708 | pay 0.0088% / 1h | 56m 13s | $22K | $1K | 10x |
| Short | Gate BB_USDT | 0.009190 | 0.0100 | get 0.0050% / 4h | 3h 56m | $135K | $202K | 50x |
Kraken Futures PF_BBUSD
Gate BB_USDTFunding 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
- −$127.6
- Price spread: +0.514% → 0.000%
- $51.42
- 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
- −$101.18
- Costs to cover
- 0.250%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 10 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 no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 10 min ago | 16.40 bp | 70.5 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BBUSDT | +0.0100% | 4h | 0.009164 | +0.231% | $13K | $13K | 5x | as long as short |
| Binance BBUSDT | +0.0100% | 4h | 0.009155 | +0.131% | $3.3M | $6.7M | 50x | as long as short |
| Gate BB_USDTshort | +0.0100% | 4h | 0.009190 | +0.514% | $135K | $202K | 50x | |
| MEXC BB_USDT | +0.0100% | 4h | 0.009161 | +0.197% | $1.5M | $578K | 100x | as long as short |
| KuCoin BBUSDTM | +0.0100% | 4h | 0.009180 | +0.405% | $449K | $81K | 50x | as long as short |
| Bitget BBUSDT | +0.0100% | 4h | 0.009160 | +0.186% | $318K | $446K | 50x | as long as short |
| BingX BB-USDT | +0.0100% | 4h | 0.009166 | +0.252% | — | $1.3M | — | as long as short |
| Kraken Futures PF_BBUSDlong | +0.0708% | 1h | 0.009143 | long leg | $22K | $1K | 10x | |
| Bybit BBUSDT | +0.1657% | 4h | 0.009154 | +0.120% | $692K | $754K | 25x | as long as short |
Aster BBUSDT
Binance BBUSDT
MEXC BB_USDT
KuCoin BBUSDTM
Bitget BBUSDT
BingX BB-USDT
Bybit BBUSDT