Funding you earn now, next payment 11:00 UTC+0.1407%/8h= +154.1% APRpaid last 24h +0.087%
Price spread now: Kraken Futures against Gate+0.138%7-day average +0.242% · you sell dearer than you buy
Net, funding: paid 7d − costs+$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1321.319% of the position
Funding, last 7 days+1.627%+$163 on $10k
+Price spread, last 4 days (all we have)+0.549%+$55 · spread now +0.138%, 7d avg +0.242%
=Funding pays, the price is against you. Kraken Futures is 0.103% cheaper against Gate than usual: you would sell low and buy high (spread +0.138% now, against its 7-day average of +0.242%). If the spread goes back, that is −$10 on $10k: about 6 hours of funding at the current rate (+$42 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate KAS_USDT | 0.04190 | 0.0100 | pay 0.0100% / 8h | 5h 53m | $2.1M | $1.7M | 75x |
| Short | Kraken Futures PF_KASUSD | 0.04196 | 0.1507 | get 0.0188% / 1h | 53m 41s | $290K | $535K | 20x |
Gate KAS_USDT
Kraken Futures PF_KASUSDFunding 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
- $295.45
- Price spread: +0.138% → +0.242%
- −$10.34
- Slippage, 4 orders
- −$106.9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $153.21
- Costs to cover
- 1.319%
- Break-even
- 3.4 days
Slippage from Gate: live order book, 2 min ago; Kraken Futures: live order book, 57 min ago.
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, 2 min ago | 4.77 bp | 27.8 bp −$28 | 259.4 bp −$2,594 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 57 min ago | 10.59 bp | 27.7 bp −$28 | 876.4 bp −$8,764 | doesn't fit | doesn't fit |
KAS on 15 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) KAS/USD | L +0.0010% / S −0.0008% | 1h | 0.04191 | +0.014% | $13K | — | 150x | as long as short |
| Injective KAS/USDC PERP | +0.0033% | 1h | 0.04361 | +4.081% | $45 | $154K | 5.5x | as long as short |
| Aster KASUSDT | +0.0100% | 4h | 0.04193 | +0.063% | $246K | $135K | 20x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04186 | −0.099% | $3.8M | $13.0M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04182 | −0.191% | $10.5M | $8.1M | 50x | as long as short |
| Gate KAS_USDTlong | +0.0100% | 8h | 0.04190 | long leg | $2.1M | $1.7M | 75x | |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04190 | 0.000% | $29.0M | $5.2M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04190 | +0.007% | $4.4M | $7.2M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04179 | −0.263% | $11.5M | $3.0M | 50x | as long as short |
| BingX KAS-USDT | +0.0100% | 4h | 0.04191 | +0.024% | — | $53.7M | — | as long as short |
gTrade (Gains Network) KAS/USD
Injective KAS/USDC PERP
Aster KASUSDT
Binance KASUSDT
Bybit KASUSDT
MEXC KAS_USDT
KuCoin KASUSDTM
Bitget KASUSDT
BingX KAS-USDTShow all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KAS | +0.0100% | 4h | 0.04187 | −0.061% | $22K | $24K | — | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0219% / S −0.0776% | 1h | 0.04189 | −0.033% | $5K | — | 100x | as long as short |
| BloFin KAS-USDT | +0.0340% | 4h | 0.04208 | +0.430% | $334K | $267K | 75x | as long as short |
| Hyperliquid KAS | +0.0668% | 1h | 0.04192 | +0.057% | $2.7M | $1.1M | 3x | as long as short |
| Kraken Futures PF_KASUSDshort | +0.1507% | 1h | 0.04196 | +0.138% | $290K | $535K | 20x |
Variational Omni KAS
GMX KAS/USD [WBTC.b-USDC]
BloFin KAS-USDT
Hyperliquid KAS