Funding you earn now, next payment 02:00 UTC+0.0110%/8h= +12.1% APRpaid last 24h +0.024%
Price spread now: KuCoin against Kraken Futures+0.076%7-day average −0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$910.906% of the position
Funding, last 7 days−0.160%−$16 on $10k
+Price spread, last 3 days (all we have)−0.271%−$27 · spread now +0.076%, 7d avg −0.083%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.159% dearer against Kraken Futures than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.083%. Mind the row above: over the last 7 days funding on this pair cost −0.160%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ATOMUSD | 1.8096 | −0.0010 | get 0.0001% / 1h | 22m 38s | $3.1M | $703K | 50x |
| Short | KuCoin ATOMUSDTM | 1.8110 | 0.0100 | get 0.0100% / 8h | 6h 22m | $1.6M | $754K | 50x |
Kraken Futures PF_ATOMUSD
KuCoin ATOMUSDTMFunding 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
- $23.11
- Price spread: +0.076% → −0.083%
- $15.89
- Slippage, 4 orders
- −$68.61
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$51.61
- Costs to cover
- 0.906%
- Break-even
- 22.6 days
Slippage from Kraken Futures: live order book, 1 min ago; KuCoin: live order book, 8 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, 1 min ago | 8.28 bp | 16.0 bp −$16 | 57.1 bp −$571 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 5.54 bp | 29.4 bp −$29 | 147.5 bp −$1,475 | doesn't fit | doesn't fit |
ATOM on 24 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 ATOMUSDT | −0.0163% | 8h | 1.8090 | −0.035% | $15.1M | $10.8M | 75x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0137% | 1h | 1.8081 | −0.085% | $497 | $10K | 25x | as long as short |
| Variational Omni ATOM | −0.0097% | 8h | 1.8062 | −0.189% | $577K | $76K | — | as long as short |
| OKX ATOM-USDT-SWAP | −0.0089% | 8h | 1.8090 | −0.035% | $5.1M | $5.7M | 50x | as long as short |
| Kraken Futures PF_ATOMUSDlong | −0.0010% | 1h | 1.8096 | long leg | $3.1M | $703K | 50x | |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8107 | +0.058% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8090 | −0.037% | $1K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0024% | 1h | 1.7940 | −0.864% | $25K | $11K | 25x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8093 | −0.018% | $2.8M | $849K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8078 | −0.102% | $980K | $245K | 20x | as long as short |
Bybit ATOMUSDT
Deribit ATOM_USDC-PERPETUAL
Variational Omni ATOM
OKX ATOM-USDT-SWAP
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
Hyperliquid ATOM
Aster ATOMUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.8112 | +0.088% | $21.5M | $31.4M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8090 | −0.035% | $2.5M | $823K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8100 | +0.020% | $8.5M | $3.1M | 200x | as long as short |
| KuCoin ATOMUSDTMshort | +0.0100% | 8h | 1.8110 | +0.076% | $1.6M | $754K | 50x | |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8112 | +0.087% | $6.8M | $2.9M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8100 | +0.020% | — | $24.7M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8070 | −0.148% | $445K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8088 | −0.046% | $773K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8081 | −0.085% | $314K | $180K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8080 | −0.090% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8113 | +0.094% | $5K | $208K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0171% | 1h | 1.8090 | −0.035% | $660 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8082 | −0.078% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8065 | −0.175% | $2K | — | 25x | as long as short |
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP