Funding you earn now, next payment 02:00 UTC−0.0797%/8h= −87.3% APRpaid last 24h −0.900%
Price spread now: KuCoin against Kraken Futures+0.260%7-day average −0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs−$354as in the Funding arb table
Net, price: spread back to 7d avg − costs−$231as in the Price arb table
costs, in and out, $10k−$2712.707% of the position
Funding, last 7 days−0.837%−$84 on $10k
+Price spread, last 3 days (all we have)−0.511%−$51 · spread now +0.260%, 7d avg −0.134%
=The price spread pays, funding is against you. KuCoin is 0.395% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.260% now, against its 7-day average of −0.134%): +$39 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 40 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ACEUSD | 0.1730 | 0.0897 | pay 0.0112% / 1h | 3m 37s | $48K | $632K | 10x |
| Short | KuCoin ACEUSDTM | 0.1735 | 0.0100 | get 0.0050% / 4h | 2h 03m | $2.0M | $516K | 20x |
Kraken Futures PF_ACEUSD
KuCoin ACEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$167.36
- Price spread: +0.260% → −0.134%
- $39.45
- Slippage, 4 orders
- −$248.66
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$398.58
- Costs to cover
- 2.707%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 64 min ago; KuCoin: live order book, 3 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, 64 min ago | 6.94 bp | 42.3 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 5.50 bp | 63.2 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
ACE on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ACE | +0.0100% | 1h | 0.1734 | +0.226% | $373K | $401K | 3x | as long as short |
| Aster ACEUSDT | +0.0100% | 4h | 0.1734 | +0.250% | $27K | $33K | 5x | as long as short |
| Binance ACEUSDT | +0.0100% | 4h | 0.1735 | +0.283% | $8.6M | $18.2M | 20x | as long as short |
| MEXC ACE_USDT | +0.0100% | 4h | 0.1736 | +0.341% | $14.0M | $793K | 20x | as long as short |
| KuCoin ACEUSDTMshort | +0.0100% | 4h | 0.1735 | +0.260% | $2.0M | $516K | 20x | |
| Bitget ACEUSDT | +0.0100% | 4h | 0.1738 | +0.457% | $1.6M | $2.1M | 10x | as long as short |
| Variational Omni ACE | +0.0100% | 4h | 0.1728 | −0.136% | $116K | $44K | — | as long as short |
| HTX ACE-USDT | +0.0100% | 4h | 0.1720 | −0.572% | $16K | $108K | 20x | as long as short |
| BingX ACE-USDT | +0.0162% | 4h | 0.1737 | +0.405% | — | $1.4M | — | as long as short |
| Bybit ACEUSDT | +0.0299% | 4h | 0.1737 | +0.393% | $2.4M | $2.6M | 25x | as long as short |
Hyperliquid ACE
Aster ACEUSDT
Binance ACEUSDT
MEXC ACE_USDT
Bitget ACEUSDT
Variational Omni ACE
HTX ACE-USDT
BingX ACE-USDT
Bybit ACEUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ACEUSDlong | +0.0897% | 1h | 0.1730 | long leg | $48K | $632K | 10x | |
| Gate ACE_USDT | +0.1028% | 4h | 0.1736 | +0.341% | $1.1M | $1.8M | 25x | as long as short |
Gate ACE_USDT