Funding you earn now, next payment 07:00 UTC−0.3695%/8h= −404.6% APRpaid last 24h −0.118%
Price spread now: KuCoin against Kraken Futures−0.340%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
Both sides work against this trade now: funding costs −$111 a day on $10k at the current rate, and KuCoin is 0.340% cheaper against Kraken Futures than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_API3USD | 0.2624 | 0.3795 | pay 0.0474% / 1h | 59m 10s | $13K | $3K | 10x |
| Short | KuCoin API3USDTM | 0.2615 | 0.0100 | get 0.0050% / 4h | 1h 59m | $1.0M | $235K | 30x |
Kraken Futures PF_API3USD
KuCoin API3USDTMFunding 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
- −$775.94
- Price spread: −0.340% → 0.000%
- −$34.03
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$831.97
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 5 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, 5 min ago | 9.56 bp | 175.1 bp −$175 | 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.
API3 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin API3-USDT | +0.0081% | 4h | 0.2616 | −0.302% | $132K | $22K | 50x | as long as short |
| Aster API3USDT | +0.0100% | 4h | 0.2613 | −0.407% | $2K | $4K | 5x | as long as short |
| Binance API3USDT | +0.0100% | 4h | 0.2616 | −0.321% | $2.6M | $2.0M | 50x | as long as short |
| Bybit API3USDT | +0.0100% | 4h | 0.2619 | −0.188% | $989K | $395K | 25x | as long as short |
| OKX API3-USDT-SWAP | +0.0100% | 4h | 0.2615 | −0.340% | $651K | $510K | 10x | as long as short |
| Gate API3_USDT | +0.0100% | 8h | 0.2618 | −0.226% | $122K | $118K | 50x | as long as short |
| MEXC API3_USDT | +0.0100% | 4h | 0.2615 | −0.340% | $457K | $289K | 50x | as long as short |
| KuCoin API3USDTMshort | +0.0100% | 4h | 0.2615 | −0.340% | $1.0M | $235K | 30x | |
| Bitget API3USDT | +0.0100% | 4h | 0.2617 | −0.264% | $648K | $188K | 20x | as long as short |
| BingX API3-USDT | +0.0100% | 4h | 0.2617 | −0.264% | — | $6.7M | — | as long as short |
BloFin API3-USDT
Aster API3USDT
Binance API3USDT
Bybit API3USDT
OKX API3-USDT-SWAP
Gate API3_USDT
MEXC API3_USDT
Bitget API3USDT
BingX API3-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni API3 | +0.0100% | 4h | 0.2619 | −0.187% | $6K | $1 | — | as long as short |
| Kraken Futures PF_API3USDlong | +0.3795% | 1h | 0.2624 | long leg | $13K | $3K | 10x |
Variational Omni API3