Funding you earn now, next payment 01:00 UTC−0.1879%/8h= −205.8% APRpaid last 24h −0.135%
Price spread now: Gate against Kraken Futures+0.167%51s7-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 0.167% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.167% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$56 a day in funding at the current rate, which eats that in about 7 hours. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_IDUSD | 0.03772 | 0.0729 | pay 0.0091% / 1h | 31m 25s | $4K | $2K | 10x |
| Short | Gate ID_USDT | 0.03778 | −0.1150 | pay 0.0575% / 4h | 3h 31m | $250K | $239K | 25x |
Kraken Futures PF_IDUSD
Gate ID_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
- −$394.59
- Price spread: +0.167% → 0.000%
- $16.68
- 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
- −$402.91
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 35 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, 35 min ago | 5.32 bp | 40.9 bp −$41 | 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ID_USDTshort | −0.1150% | 4h | 0.03778 | +0.167% | $250K | $239K | 25x | |
| Aster IDUSDT | +0.0100% | 4h | 0.03776 | +0.116% | $9K | $147 | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03775 | +0.083% | $2.4M | $3.6M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03775 | +0.087% | $1.4M | $1.1M | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03774 | +0.061% | $442K | $169K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03773 | +0.034% | $1.1M | $67K | 30x | as long as short |
| Bitget IDUSDT | +0.0100% | 4h | 0.03776 | +0.114% | $802K | $609K | 50x | as long as short |
| BingX ID-USDT | +0.0100% | 4h | 0.03773 | +0.034% | — | $2.3M | — | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03774 | +0.072% | $12K | $20K | — | as long as short |
| BloFin ID-USDT | +0.0130% | 4h | 0.03776 | +0.114% | $161K | $13K | 50x | as long as short |
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
MEXC ID_USDT
KuCoin IDUSDTM
Bitget IDUSDT
BingX ID-USDT
Variational Omni ID
BloFin ID-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSDlong | +0.0729% | 1h | 0.03772 | long leg | $4K | $2K | 10x |