Funding you earn now, next payment 09:00 UTC+0.0259%/8h= +28.4% APRpaid last 24h −0.036%
Price spread now: Kraken Futures against Gate−0.292%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. Kraken Futures is 0.292% cheaper against Gate than usual: you would sell low and buy high (spread −0.292% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$29 on $10k: about 3.7 days of funding at the current rate (+$8 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SOON_USDT | 0.1949 | 0.0404 | pay 0.0202% / 4h | 3h 32m | $3.2M | $142K | 50x |
| Short | Kraken Futures PF_SOONUSD | 0.1943 | 0.0663 | get 0.0083% / 1h | 32m 12s | $11K | $3K | 10x |
Gate SOON_USDT
Kraken Futures PF_SOONUSDFunding 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
- $54.49
- Price spread: −0.292% → 0.000%
- −$29.18
- 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
- $0.31
- Costs to cover
- 0.250%
- Break-even
- 7.0 days
Slippage unknown: Gate: live order book, 6 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, 6 min ago | 2.56 bp | 65.9 bp −$66 | 11769.6 bp −$117.7K | 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.
SOON 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SOONUSDT | +0.0100% | 4h | 0.1950 | +0.051% | $8.0M | $2.0M | 50x | as long as short |
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1953 | +0.205% | $1.8M | $3.6M | 50x | as long as short |
| Extended SOON-USD | +0.0104% | 1h | 0.1952 | +0.143% | $6K | $181K | 5x | as long as short |
| OKX SOON-USDT-SWAP | +0.0120% | 4h | 0.1951 | +0.103% | $2.0M | $514K | 20x | as long as short |
| Gate SOON_USDTlong | +0.0404% | 4h | 0.1949 | long leg | $3.2M | $142K | 50x | |
| Aster SOONUSDT | +0.0608% | 4h | 0.1953 | +0.203% | $190K | $3K | 5x | as long as short |
| Kraken Futures PF_SOONUSDshort | +0.0663% | 1h | 0.1943 | −0.292% | $11K | $3K | 10x | |
| Bitget SOONUSDT | +0.0870% | 4h | 0.1951 | +0.103% | $9.2M | $317K | 25x | as long as short |
| Variational Omni SOON | +0.2428% | 4h | 0.1945 | −0.196% | $240K | $20K | — | as long as short |
| BingX SOON-USDT | +0.3452% | 4h | 0.1948 | −0.051% | — | $6.7M | — | as long as short |
Binance SOONUSDT
KuCoin SOONUSDTM
Extended SOON-USD
OKX SOON-USDT-SWAP
Aster SOONUSDT
Bitget SOONUSDT
Variational Omni SOON
BingX SOON-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.3744% | 4h | 0.1940 | −0.462% | $2.6M | $1.3M | 25x | as long as short |
Bybit SOONUSDT