Funding you earn now, next payment 03:00 UTC+0.2426%/8h= +265.6% APRpaid last 24h +0.735%
Price spread now: Gate against Kraken Futures+0.199%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$73 a day on $10k at the current rate, and Gate is 0.199% dearer against Kraken Futures than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TUSD | 0.005185 | −0.2944 | get 0.0368% / 1h | 56m 50s | $2K | $2K | 10x |
| Short | Gate T_USDT | 0.005195 | −0.0518 | pay 0.0259% / 4h | 1h 56m | $214K | $78K | 20x |
Kraken Futures PF_TUSD
Gate T_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
- $509.42
- Price spread: +0.199% → 0.000%
- $19.87
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $504.3
- Costs to cover
- 0.250%
- Break-even
- 0.1 days
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 65 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 65 min ago | 6.79 bp | 105.4 bp −$105 | doesn't fit | doesn't fit | doesn't fit |
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.
T on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TUSDlong | −0.2944% | 1h | 0.005185 | long leg | $2K | $2K | 10x | |
| Gate T_USDTshort | −0.0518% | 4h | 0.005195 | +0.199% | $214K | $78K | 20x | |
| Variational Omni T | −0.0435% | 4h | 0.005189 | +0.075% | $8K | $9K | — | as long as short |
| KuCoin TUSDTM | −0.0376% | 4h | 0.005193 | +0.160% | $1.4M | $75K | 12x | as long as short |
| MEXC T_USDT | −0.0292% | 4h | 0.005190 | +0.102% | $3.2M | $201K | 20x | as long as short |
| Bitget TUSDT | −0.0282% | 4h | 0.005187 | +0.044% | $888K | $510K | 50x | as long as short |
| Binance TUSDT | −0.0282% | 4h | 0.005193 | +0.167% | $3.3M | $7.4M | 50x | as long as short |
| Bybit TUSDT | −0.0209% | 4h | 0.005189 | +0.083% | $1.6M | $1.5M | 25x | as long as short |
Variational Omni T
KuCoin TUSDTM
MEXC T_USDT
Bitget TUSDT
Binance TUSDT
Bybit TUSDT