Funding you earn now, next payment 08:00 UTC+0.2911%/8h= +318.7% APRpaid last 24h +0.492%
Price spread now: KuCoin against Kraken Futures+0.305%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$87 a day on $10k at the current rate, and KuCoin is 0.305% dearer against Kraken Futures than usual: you sell high and buy low: +$30 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BANDUSD | 0.2135 | −0.2811 | get 0.0351% / 1h | 13m 14s | $19K | $1K | 10x |
| Short | KuCoin BANDUSDTM | 0.2142 | 0.0100 | get 0.0100% / 8h | 13m 14s | $746K | $56K | 30x |
Kraken Futures PF_BANDUSD
KuCoin BANDUSDTMFunding 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
- $611.24
- Price spread: +0.305% → 0.000%
- $30.48
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $619.72
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 51 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, 51 min ago | 32.56 bp | 226.6 bp −$227 | 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.
BAND on 10 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_BANDUSDlong | −0.2811% | 1h | 0.2135 | long leg | $19K | $1K | 10x | |
| Binance BANDUSDT | +0.0100% | 8h | 0.2137 | +0.083% | $1.3M | $1.6M | 50x | as long as short |
| Bybit BANDUSDT | +0.0100% | 8h | 0.2138 | +0.117% | $298K | $182K | 20x | as long as short |
| OKX BAND-USDT-SWAP | +0.0100% | 8h | 0.2138 | +0.117% | $229K | $406K | 10x | as long as short |
| Gate BAND_USDT | +0.0100% | 8h | 0.2140 | +0.211% | $198K | $62K | 20x | as long as short |
| MEXC BAND_USDT | +0.0100% | 8h | 0.2137 | +0.071% | $354K | $152K | 100x | as long as short |
| KuCoin BANDUSDTMshort | +0.0100% | 8h | 0.2142 | +0.305% | $746K | $56K | 30x | |
| Bitget BANDUSDT | +0.0100% | 8h | 0.2139 | +0.164% | $799K | $102K | 50x | as long as short |
| Variational Omni BAND | +0.0100% | 8h | 0.2138 | +0.102% | $7K | $963 | — | as long as short |
| BloFin BAND-USDT | +0.0122% | 8h | 0.2137 | +0.071% | $74K | $7K | 50x | as long as short |
Binance BANDUSDT
Bybit BANDUSDT
OKX BAND-USDT-SWAP
Gate BAND_USDT
MEXC BAND_USDT
Bitget BANDUSDT
Variational Omni BAND
BloFin BAND-USDT