Funding you earn now, next payment 08:00 UTC+0.0250%/8h= +27.4% APRpaid last 24h +0.253%
Price spread now: Gate against Kraken Futures+2.387%51s7-day average +0.186% · you sell dearer than you buy
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3103.095% of the position
Funding, last 7 days+1.379%+$138 on $10k
+Price spread, last 4 days (all we have)−2.086%−$209 · spread now +2.387%, 7d avg +0.186%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Gate is 2.201% dearer against Kraken Futures than usual: you sell high and buy low: +$220 more if the spread goes back to its 7-day average of +0.186%. 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_MUBARAKUSD | 0.05341 | 0.2390 | pay 0.0299% / 1h | 8m 20s | $78K | $818K | 10x |
| Short | Gate MUBARAK_USDT | 0.05469 | 0.2640 | get 0.1320% / 4h | 8m 20s | $9.4M | $14.0M | 50x |
Kraken Futures PF_MUBARAKUSD
Gate MUBARAK_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
- $52.48
- Price spread: +2.387% → +0.186%
- $220.11
- Slippage, 4 orders
- −$284.53
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$36.94
- Costs to cover
- 3.095%
- Break-even
- 11.9 days
Slippage from Kraken Futures: live order book, 30 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, 30 min ago | 77.01 bp | 124.8 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 9.29 bp | 31.1 bp −$31 | 239.4 bp −$2,394 | doesn't fit | doesn't fit |
MUBARAK 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUBARAKUSDT | +0.0624% | 4h | 0.05499 | +2.949% | $3.7M | $21.3M | 25x | as long as short |
| OKX MUBARAK-USDT-SWAP | +0.0676% | 4h | 0.05522 | +3.383% | $4.3M | $126.3M | 20x | as long as short |
| Aster MUBARAKUSDT | +0.0791% | 4h | 0.05492 | +2.818% | $46K | $1.0M | 5x | as long as short |
| MEXC MUBARAK_USDT | +0.0912% | 4h | 0.05493 | +2.837% | $1.8M | $2.8M | 50x | as long as short |
| Binance MUBARAKUSDT | +0.0913% | 4h | 0.05504 | +3.048% | $24.9M | $227.3M | 25x | as long as short |
| Variational Omni MUBARAK | +0.1221% | 4h | 0.05349 | +0.140% | $13K | $74K | — | as long as short |
| KuCoin MUBARAKUSDTM | +0.1412% | 4h | 0.05504 | +3.043% | $2.9M | $3.5M | 30x | as long as short |
| BingX MUBARAK-USDT | +0.1624% | 4h | 0.05506 | +3.080% | — | $4.8M | — | as long as short |
| Bybit MUBARAKUSDT | +0.1735% | 4h | 0.05509 | +3.144% | $5.4M | $31.4M | 25x | as long as short |
| Kraken Futures PF_MUBARAKUSDlong | +0.2390% | 1h | 0.05341 | long leg | $78K | $818K | 10x |
Bitget MUBARAKUSDT
OKX MUBARAK-USDT-SWAP
Aster MUBARAKUSDT
MEXC MUBARAK_USDT
Binance MUBARAKUSDT
Variational Omni MUBARAK
KuCoin MUBARAKUSDTM
BingX MUBARAK-USDT
Bybit MUBARAKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDTshort | +0.2640% | 4h | 0.05469 | +2.387% | $9.4M | $14.0M | 50x |