Funding you earn now, next payment 07:00 UTC−0.0146%/8h= −15.9% APRpaid last 24h +0.095%
Price spread now: Kraken Futures against Gate−0.137%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Kraken Futures is 0.137% cheaper against Gate than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ID_USDT | 0.03841 | 0.0100 | pay 0.0050% / 4h | 1h 03m | $261K | $226K | 25x |
| Short | Kraken Futures PF_IDUSD | 0.03836 | −0.0046 | pay 0.0006% / 1h | 3m 01s | $4K | $4K | 10x |
Gate ID_USDT
Kraken Futures PF_IDUSDFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$30.56
- Price spread: −0.137% → 0.000%
- −$13.66
- 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
- −$69.22
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 34 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 34 min ago | 3.93 bp | 68.3 bp −$68 | doesn't fit | doesn't fit | doesn'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.
ID on 11 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_IDUSDshort | −0.0046% | 1h | 0.03836 | −0.137% | $4K | $4K | 10x | |
| BloFin ID-USDT | +0.0076% | 4h | 0.03835 | −0.156% | $155K | $15K | 50x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03839 | −0.052% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03834 | −0.178% | $2.4M | $3.9M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03837 | −0.104% | $1.5M | $1.1M | 25x | as long as short |
| Gate ID_USDTlong | +0.0100% | 4h | 0.03841 | long leg | $261K | $226K | 25x | |
| MEXC ID_USDT | +0.0100% | 4h | 0.03835 | −0.156% | $380K | $215K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03840 | −0.026% | $1.1M | $72K | 30x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03847 | +0.152% | $12K | $20K | — | as long as short |
| BingX ID-USDT | +0.0510% | 4h | 0.03842 | +0.026% | — | $2.3M | — | as long as short |
BloFin ID-USDT
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
MEXC ID_USDT
KuCoin IDUSDTM
Variational Omni ID
BingX ID-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget IDUSDT | +0.0522% | 4h | 0.03841 | 0.000% | $995K | $780K | 50x | as long as short |
Bitget IDUSDT