Funding you earn now, next payment 08:00 UTC+0.1127%/8h= +123.5% APRpaid last 24h +0.248%
Price spread now: KuCoin against Kraken Futures−0.125%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. KuCoin is 0.125% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.125% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 9 hours of funding at the current rate (+$34 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_AUCTIONUSD | 3.7066 | −0.1027 | get 0.0128% / 1h | 18m 53s | $8K | $259 | 10x |
| Short | KuCoin AUCTIONUSDTM | 3.7020 | 0.0100 | get 0.0050% / 4h | 18m 53s | $341K | $123K | 20x |
Kraken Futures PF_AUCTIONUSD
KuCoin AUCTIONUSDTMFunding 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
- $236.76
- Price spread: −0.125% → 0.000%
- −$12.53
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $202.22
- Costs to cover
- 0.220%
- Break-even
- 1.0 days
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 14 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, 14 min ago | 6.76 bp | 195.9 bp −$196 | 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.
AUCTION 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AUCTIONUSDlong | −0.1027% | 1h | 3.7066 | long leg | $8K | $259 | 10x | |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.7038 | −0.077% | $712 | $3K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.7060 | −0.017% | $2.4M | $1.7M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.7040 | −0.071% | $587K | $265K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.7040 | −0.071% | $792K | $701K | 20x | as long as short |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.7040 | −0.071% | $103K | $68K | 50x | as long as short |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.7060 | −0.017% | $434K | $147K | 20x | as long as short |
| KuCoin AUCTIONUSDTMshort | +0.0100% | 4h | 3.7020 | −0.125% | $341K | $123K | 20x | |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.7030 | −0.098% | $378K | $151K | 25x | as long as short |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.7040 | −0.071% | — | $16.6M | — | as long as short |
Aster AUCTIONUSDT
Binance AUCTIONUSDT
Bybit AUCTIONUSDT
OKX AUCTION-USDT-SWAP
Gate AUCTION_USDT
MEXC AUCTION_USDT
Bitget AUCTIONUSDT
BingX AUCTION-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.7029 | −0.102% | $172 | $38 | — | as long as short |
Variational Omni AUCTION