Funding you earn now, next payment 04:00 UTC−0.0594%/8h= −65.1% APRpaid last 24h +0.348%
Price spread now: KuCoin against Kraken Futures+0.104%7-day average −0.119% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$254as in the Price arb table
costs, in and out, $10k−$2762.761% of the position
Funding, last 7 days+1.541%+$154 on $10k
+Price spread, last 4 days (all we have)+0.597%+$60 · spread now +0.104%, 7d avg −0.119%
=The price spread pays, funding is against you. KuCoin is 0.223% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.104% now, against its 7-day average of −0.119%): +$22 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 30 hours. Mind the row above: over the last 7 days funding on this pair paid +1.541%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ARUSD | 4.4734 | 0.0694 | pay 0.0087% / 1h | 22m 17s | $60K | $159K | 20x |
| Short | KuCoin ARUSDTM | 4.4780 | 0.0100 | get 0.0100% / 8h | 4h 22m | $1.1M | $1.2M | 50x |
Kraken Futures PF_ARUSD
KuCoin ARUSDTMFunding 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
- −$124.8
- Price spread: +0.104% → −0.119%
- $22.26
- Slippage, 4 orders
- −$254.06
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$378.6
- Costs to cover
- 2.761%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 35 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, 35 min ago | 32.13 bp | 45.8 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 5.59 bp | 88.0 bp −$88 | 495.3 bp −$4,953 | doesn't fit | doesn't fit |
AR on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX AR/USD [WBTC.b-USDC] | L −0.0141% / S +0.0551% | 1h | 4.4799 | +0.146% | $576K | — | 50x | as long as short |
| OKX AR-USDT-SWAP | +0.0033% | 8h | 4.4750 | +0.037% | $2.3M | $17.8M | 20x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.4805 | +0.160% | $26K | $478K | 10x | as long as short |
| Binance ARUSDT | +0.0100% | 8h | 4.4778 | +0.100% | $8.8M | $49.9M | 75x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.4757 | +0.052% | $4.6M | $8.2M | 75x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.4790 | +0.126% | $2.5M | $1.9M | 50x | as long as short |
| MEXC AR_USDT | +0.0100% | 8h | 4.4810 | +0.171% | $6.4M | $4.2M | 100x | as long as short |
| KuCoin ARUSDTMshort | +0.0100% | 8h | 4.4780 | +0.104% | $1.1M | $1.2M | 50x | |
| Bitget ARUSDT | +0.0100% | 8h | 4.4780 | +0.104% | $3.9M | $5.0M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.4800 | +0.148% | — | $2.8M | — | as long as short |
GMX AR/USD [WBTC.b-USDC]
OKX AR-USDT-SWAP
Aster ARUSDT
Binance ARUSDT
Bybit ARUSDT
Gate AR_USDT
MEXC AR_USDT
Bitget ARUSDT
BingX AR-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AR | +0.0100% | 8h | 4.4612 | −0.272% | $236K | $246K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.4690 | −0.098% | $19K | $721K | 50x | as long as short |
| Extended AR-USD | +0.0104% | 1h | 4.4791 | +0.129% | $36K | $236K | 10x | as long as short |
| Hyperliquid AR | +0.0131% | 1h | 4.4859 | +0.280% | $4.0M | $4.3M | 5x | as long as short |
| BloFin AR-USDT | +0.0220% | 8h | 4.4790 | +0.126% | $424K | $469K | 20x | as long as short |
| Kraken Futures PF_ARUSDlong | +0.0694% | 1h | 4.4734 | long leg | $60K | $159K | 20x | |
| Injective AR/USDC PERP | +0.0854% | 1h | 4.4770 | +0.081% | $2K | $5K | 5.5x | as long as short |
Variational Omni AR
ApeX Omni ARUSDT
Extended AR-USD
Hyperliquid AR
BloFin AR-USDT
Injective AR/USDC PERP