Funding you earn now, next payment 03:00 UTC−0.3445%/8h= −377.2% APRnext payment −$4.31 per $10,000 · paid last 24h +0.455%
Price spread now: Kraken Futures against Gate+0.015%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$445as in the Funding arb table
Net, price: spread back to 7d avg − costs−$214as in the Price arb table
costs, in and out, $10k−$2132.134% of the position
Funding, last 7 days−2.315%−$232 on $10k
+Price spread, last 3 days (all we have)−0.054%−$5 · spread now +0.015%, 7d avg +0.024%
=The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: −$103 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -2.315% in total (about -120.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.31 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LSK_USDT | 0.3467 | −0.2152 | get 0.0269% / 1h | 56m 41s | $1.4M | $2.7M | 20x |
| Short | Kraken Futures PF_LSKUSD | 0.3468 | −0.5597 | pay 0.0700% / 1h | 56m 41s | $113K | $248K | 10x |
Gate LSK_USDT
Kraken Futures PF_LSKUSDFunding 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
- −$723.35
- Price spread: +0.015% → +0.024%
- −$0.86
- Slippage, 4 orders
- −$188.44
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$937.64
- Costs to cover
- 2.134%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Kraken Futures: live order book, 6 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, 1 min ago | 4.36 bp | 73.7 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 6 min ago | 3.01 bp | 66.8 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
LSK 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LSK | −0.6112% | 1h | 0.3476 | +0.272% | $25K | $193K | — | as long as short |
| Kraken Futures PF_LSKUSDshort | −0.5597% | 1h | 0.3468 | +0.015% | $113K | $248K | 10x | |
| MEXC LSK_USDT | −0.5408% | 1h | 0.3468 | +0.040% | $8.0M | $2.5M | 20x | as long as short |
| Binance LSKUSDT | −0.5334% | 1h | 0.3469 | +0.049% | $14.7M | $99.9M | 50x | as long as short |
| Aster LSKUSDT | −0.5141% | 1h | 0.3461 | −0.178% | $61K | $136K | 5x | as long as short |
| Phemex LSKUSDT | −0.4182% | 4h | 0.3453 | −0.389% | $1.3M | $2.3M | 10x | as long as short |
| Bitget LSKUSDT | −0.3224% | 1h | 0.3467 | 0.000% | $2.7M | $9.7M | 50x | as long as short |
| Gate LSK_USDTlong | −0.2152% | 1h | 0.3467 | long leg | $1.4M | $2.7M | 20x | |
| Bybit LSKUSDT | −0.0163% | 1h | 0.3475 | +0.222% | $9.4M | $21.1M | 25x | as long as short |
| HTX LSK-USDT | +0.0100% | 1h | 0.3451 | −0.473% | $57K | $287K | 20x | as long as short |
Variational Omni LSK
MEXC LSK_USDT
Binance LSKUSDT
Aster LSKUSDT
Phemex LSKUSDT
Bitget LSKUSDT
Bybit LSKUSDT
HTX LSK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LSK-USDT | +0.0104% | 1h | 0.3465 | −0.049% | — | $2.9M | — | as long as short |
BingX LSK-USDT