Funding you earn now, next payment 03:00 UTC+0.1724%/8h= +188.8% APRnext payment +$2.16 per $10,000 · paid last 24h −0.455%
Price spread now: Gate against Kraken Futures−0.341%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs+$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$214as in the Price arb table
costs, in and out, $10k−$1821.822% of the position
Funding, last 7 days+2.315%+$232 on $10k
+Price spread, last 3 days (all we have)+0.380%+$38 · spread now −0.341%, 7d avg −0.024%
=Funding pays, the price is against you. Gate is 0.317% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.341% now, against its 7-day average of −0.024%). If the spread goes back, that is −$32 on $10k: about 15 hours of funding at the current rate (+$52 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_LSKUSD | 0.3468 | −0.5596 | get 0.0700% / 1h | 58m 07s | $113K | $247K | 10x |
| Short | Gate LSK_USDT | 0.3456 | −0.3872 | pay 0.0484% / 1h | 58m 07s | $1.4M | $2.7M | 20x |
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
- $362.05
- Price spread: −0.341% → −0.024%
- −$31.67
- Slippage, 4 orders
- −$157.21
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $148.17
- Costs to cover
- 1.822%
- Break-even
- 4.1 days
Slippage from Kraken Futures: live order book, 4 min ago; Gate: live order book, 5 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 Kraken Futures live order book, 4 min ago | 3.01 bp | 18.3 bp −$18 | 355.5 bp −$3,555 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.88 bp | 47.8 bp −$48 | 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 | +0.249% | $25K | $193K | — | as long as short |
| Kraken Futures PF_LSKUSDlong | −0.5596% | 1h | 0.3468 | long leg | $113K | $247K | 10x | |
| Aster LSKUSDT | −0.5403% | 1h | 0.3463 | −0.145% | $61K | $136K | 5x | as long as short |
| Binance LSKUSDT | −0.5402% | 1h | 0.3446 | −0.639% | $14.6M | $99.7M | 50x | as long as short |
| MEXC LSK_USDT | −0.5400% | 1h | 0.3454 | −0.390% | $7.9M | $2.5M | 20x | as long as short |
| Phemex LSKUSDT | −0.4268% | 4h | 0.3463 | −0.153% | $1.3M | $2.3M | 10x | as long as short |
| Gate LSK_USDTshort | −0.3872% | 1h | 0.3456 | −0.341% | $1.4M | $2.7M | 20x | |
| Bitget LSKUSDT | −0.3248% | 1h | 0.3452 | −0.456% | $2.6M | $9.7M | 50x | as long as short |
| BingX LSK-USDT | −0.2213% | 1h | 0.3455 | −0.369% | — | $2.9M | — | as long as short |
| Bybit LSKUSDT | +0.0100% | 1h | 0.3457 | −0.312% | $9.4M | $21.1M | 25x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LSK-USDT | +0.0100% | 1h | 0.3461 | −0.211% | $57K | $287K | 20x | as long as short |
Kraken Futures PF_LSKUSD
Gate LSK_USDT
Variational Omni LSK
Aster LSKUSDT
Binance LSKUSDT
MEXC LSK_USDT
Phemex LSKUSDT
Bitget LSKUSDT
BingX LSK-USDT
Bybit LSKUSDT
HTX LSK-USDT