Funding you earn now, next payment 08:00 UTC+0.0492%/8h= +53.8% APRpaid last 24h +0.183%
Price spread now: Gate against Kraken Futures−0.161%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
Funding pays, the price is against you. Gate is 0.161% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.161% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 26 hours of funding at the current rate (+$15 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KSMUSD | 4.6364 | −0.0392 | get 0.0049% / 1h | 11m 36s | $37K | $994 | 20x |
| Short | Gate KSM_USDT | 4.6290 | 0.0100 | get 0.0100% / 8h | 11m 36s | $85K | $31K | 33x |
Funding 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
- $103.25
- Price spread: −0.161% → 0.000%
- −$16.07
- 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
- $62.19
- Costs to cover
- 0.250%
- Break-even
- 2.8 days
Slippage unknown: Kraken Futures: no order-book sample; Gate: 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Gate no order-book sample | — | — | — | — | — |
Kraken Futures and Gate: 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.
KSM on 12 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_KSMUSDlong | −0.0392% | 1h | 4.6364 | long leg | $37K | $994 | 20x | |
| Variational Omni KSM | −0.0229% | 8h | 4.6223 | −0.306% | $455K | $36K | — | as long as short |
| OKX KSM-USDT-SWAP | +0.0087% | 4h | 4.6340 | −0.053% | $769K | $630K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6310 | −0.118% | $2.0M | $2.6M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6290 | −0.161% | $2.2M | $682K | 50x | as long as short |
| Gate KSM_USDTshort | +0.0100% | 8h | 4.6290 | −0.161% | $85K | $31K | 33x | |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6320 | −0.096% | $730K | $248K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6340 | −0.053% | $512K | $29K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6300 | −0.139% | $482K | $182K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6310 | −0.118% | — | $2.3M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USD | +0.0104% | 1h | 4.6308 | −0.122% | $78K | $456K | 5x | as long as short |
| BloFin KSM-USDT | +0.0105% | 8h | 4.6370 | +0.012% | $110K | $18K | 50x | as long as short |
Kraken Futures PF_KSMUSD
Gate KSM_USDT
Variational Omni KSM
OKX KSM-USDT-SWAP
Binance KSMUSDT
Bybit KSMUSDT
MEXC KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDT
BingX KSM-USDT
Extended KSM-USD
BloFin KSM-USDT