Funding you earn now, next payment 05:00 UTC+0.1747%/8h= +191.3% APRpaid last 24h +2.024%
Price spread now: Kraken Futures against KuCoin−0.106%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 0.106% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.106% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 5 hours of funding at the current rate (+$52 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ALCHUSDTM | 0.05085 | 0.1340 | pay 0.0670% / 4h | 3h 48m | $1.2M | $271K | 10x |
| Short | Kraken Futures PF_ALCHUSD | 0.05080 | 0.3087 | get 0.0386% / 1h | 48m 59s | $12K | $34K | 10x |
KuCoin ALCHUSDTM
Kraken Futures PF_ALCHUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against KuCoin. 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%
- −$10.63
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $334.2
- Costs to cover
- 0.220%
- Break-even
- 0.6 days
Slippage unknown: KuCoin: live order book, 1 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 KuCoin live order book, 1 min ago | 10.81 bp | 281.0 bp −$281 | doesn't fit | 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.
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 | 0.05079 | −0.118% | $3.0M | $6.2M | 20x | as long as short |
| Gate ALCH_USDT | +0.0100% | 4h | 0.05087 | +0.039% | $292K | $691K | 20x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05076 | −0.177% | $893K | $1.8M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05099 | +0.268% | $3K | $17K | — | as long as short |
| Aster ALCHUSDT | +0.0734% | 4h | 0.05085 | 0.000% | $11K | $112K | 5x | as long as short |
| BingX ALCH-USDT | +0.0784% | 4h | 0.05081 | −0.079% | — | $6.8M | — | as long as short |
| Binance ALCHUSDT | +0.0796% | 4h | 0.05080 | −0.096% | $6.0M | $27.6M | 10x | as long as short |
| MEXC ALCH_USDT | +0.0812% | 4h | 0.05076 | −0.177% | $4.9M | $2.5M | 100x | as long as short |
| BloFin ALCH-USDT | +0.0841% | 4h | 0.05091 | +0.118% | $392K | $114K | 10x | as long as short |
| KuCoin ALCHUSDTMlong | +0.1340% | 4h | 0.05085 | long leg | $1.2M | $271K | 10x |
Bybit ALCHUSDT
Gate ALCH_USDT
Bitget ALCHUSDT
Variational Omni ALCH
Aster ALCHUSDT
BingX ALCH-USDT
Binance ALCHUSDT
MEXC ALCH_USDT
BloFin ALCH-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSDshort | +0.3087% | 1h | 0.05080 | −0.106% | $12K | $34K | 10x |