Funding you earn now, next payment 05:00 UTC−0.1747%/8h= −191.3% APRpaid last 24h −2.024%
Price spread now: KuCoin against Kraken Futures+0.106%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
The price spread pays, funding is against you. KuCoin is 0.106% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.106% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$52 a day in funding at the current rate, which eats that in about 5 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ALCHUSD | 0.05080 | 0.3087 | pay 0.0386% / 1h | 48m 51s | $12K | $34K | 10x |
| Short | KuCoin ALCHUSDTM | 0.05085 | 0.1340 | get 0.0670% / 4h | 3h 48m | $1.2M | $271K | 10x |
Funding 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
- −$366.84
- Price spread: +0.106% → 0.000%
- $10.65
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$378.19
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 1 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 KuCoin live order book, 1 min ago | 10.81 bp | 142.0 bp −$142 | 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.
ALCH 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALCHUSDT | +0.0100% | 4h | 0.05073 | −0.130% | $3.0M | $6.2M | 20x | as long as short |
| Gate ALCH_USDT | +0.0100% | 4h | 0.05082 | +0.047% | $291K | $691K | 20x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05076 | −0.071% | $893K | $1.8M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05099 | +0.374% | $3K | $17K | — | as long as short |
| Aster ALCHUSDT | +0.0734% | 4h | 0.05085 | +0.106% | $11K | $112K | 5x | as long as short |
| BingX ALCH-USDT | +0.0784% | 4h | 0.05081 | +0.028% | — | $6.8M | — | as long as short |
| Binance ALCHUSDT | +0.0796% | 4h | 0.05081 | +0.023% | $6.0M | $27.6M | 10x | as long as short |
| MEXC ALCH_USDT | +0.0812% | 4h | 0.05078 | −0.031% | $4.9M | $2.5M | 100x | as long as short |
| BloFin ALCH-USDT | +0.0841% | 4h | 0.05091 | +0.225% | $392K | $114K | 10x | as long as short |
| KuCoin ALCHUSDTMshort | +0.1340% | 4h | 0.05085 | +0.106% | $1.2M | $271K | 10x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSDlong | +0.3087% | 1h | 0.05080 | long leg | $12K | $34K | 10x |
Kraken Futures PF_ALCHUSD
KuCoin ALCHUSDTM
Bybit ALCHUSDT
Gate ALCH_USDT
Bitget ALCHUSDT
Variational Omni ALCH
Aster ALCHUSDT
BingX ALCH-USDT
Binance ALCHUSDT
MEXC ALCH_USDT
BloFin ALCH-USDT