Funding you earn now, next payment 04:00 UTC+0.0450%/8h= +49.2% APRpaid last 24h +0.143%
Price spread now: Kraken Futures against Gate+0.166%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.296%+$30 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Kraken Futures is 0.166% dearer against Gate than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.296% in total (about 15.4% a year). A funding rate is set anew for every payment. 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 RIVER_USDT | 1.2660 | 0.0188 | pay 0.0094% / 4h | 23m 21s | $427K | $103K | 20x |
| Short | Kraken Futures PF_RIVERUSD | 1.2681 | 0.0638 | get 0.0080% / 1h | 23m 21s | $57K | $70K | 10x |
Gate RIVER_USDT
Kraken Futures PF_RIVERUSDFunding 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
- $94.43
- Price spread: +0.166% → 0.000%
- $16.62
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $86.05
- Costs to cover
- 0.250%
- Break-even
- 0.6 days
Slippage unknown: Gate: live order book, 32 min ago; Kraken Futures: 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 Gate live order book, 32 min ago | 7.89 bp | 1865.1 bp −$1,865 | 30685.7 bp −$306.9K | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: 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.
RIVER on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter RIVER | +0.0096% | 1h | 1.2670 | +0.079% | $41K | $14K | 3x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2670 | +0.079% | $2.5M | $3.2M | 50x | as long as short |
| Variational Omni RIVER | +0.0100% | 4h | 1.2668 | +0.060% | $42K | $20K | — | as long as short |
| GRVT RIVER_USDT_Perp | +0.0100% | 4h | 1.2663 | +0.023% | $33K | $462K | 10x | as long as short |
| SunX RIVER-USDT | +0.0100% | 4h | 1.2650 | −0.079% | $2K | $1.1M | 20x | as long as short |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2730 | +0.553% | $47K | $66K | 20x | as long as short |
| Gate RIVER_USDTlong | +0.0188% | 4h | 1.2660 | long leg | $427K | $103K | 20x | |
| OKX RIVER-USDT-SWAP | +0.0208% | 4h | 1.2680 | +0.158% | $2.0M | $3.9M | 20x | as long as short |
| Bybit RIVERUSDT | +0.0302% | 4h | 1.2670 | +0.079% | $3.8M | $1.8M | 25x | as long as short |
| BloFin RIVER-USDT | +0.0392% | 4h | 1.2660 | 0.000% | $414K | $32K | 50x | as long as short |
Lighter RIVER
KuCoin RIVERUSDTM
Variational Omni RIVER
GRVT RIVER_USDT_Perp
SunX RIVER-USDT
HTX RIVER-USDT
OKX RIVER-USDT-SWAP
Bybit RIVERUSDT
BloFin RIVER-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC RIVER_USDT | +0.0394% | 4h | 1.2670 | +0.079% | $3.7M | $1.6M | 50x | as long as short |
| Binance RIVERUSDT | +0.0395% | 4h | 1.2679 | +0.147% | $6.0M | $11.2M | 50x | as long as short |
| BingX RIVER-USDT | +0.0480% | 4h | 1.2680 | +0.158% | — | $6.8M | — | as long as short |
| Bitget RIVERUSDT | +0.0484% | 4h | 1.2670 | +0.079% | $3.0M | $2.0M | 20x | as long as short |
| Kraken Futures PF_RIVERUSDshort | +0.0638% | 1h | 1.2681 | +0.166% | $57K | $70K | 10x | |
| Aster RIVERUSDT | +0.0835% | 4h | 1.2660 | +0.003% | $72K | $28K | 10x | as long as short |
MEXC RIVER_USDT
Binance RIVERUSDT
BingX RIVER-USDT
Bitget RIVERUSDT
Aster RIVERUSDT