Funding you earn now, next payment 08:00 UTC−0.2910%/8h= −318.6% APRpaid last 24h −0.492%
Price spread now: Kraken Futures against KuCoin−0.322%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 −$87 a day on $10k at the current rate, and Kraken Futures is 0.322% cheaper against KuCoin than usual: you would sell low and buy high (−$32 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 | KuCoin BANDUSDTM | 0.2143 | 0.0100 | pay 0.0100% / 8h | 12m 20s | $747K | $56K | 30x |
| Short | Kraken Futures PF_BANDUSD | 0.2136 | −0.2810 | pay 0.0351% / 1h | 12m 20s | $19K | $1K | 10x |
KuCoin BANDUSDTM
Kraken Futures PF_BANDUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against KuCoin. 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
- −$611.07
- Price spread: −0.322% → 0.000%
- −$32.19
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$665.26
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 52 min ago; Kraken Futures: no order-book sample. 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 KuCoin live order book, 52 min ago | 32.56 bp | 438.7 bp −$439 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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_BANDUSDshort | −0.2810% | 1h | 0.2136 | −0.322% | $19K | $1K | 10x | |
| Binance BANDUSDT | +0.0100% | 8h | 0.2137 | −0.268% | $1.3M | $1.6M | 50x | as long as short |
| Bybit BANDUSDT | +0.0100% | 8h | 0.2138 | −0.233% | $298K | $182K | 20x | as long as short |
| OKX BAND-USDT-SWAP | +0.0100% | 8h | 0.2138 | −0.233% | $229K | $405K | 10x | as long as short |
| Gate BAND_USDT | +0.0100% | 8h | 0.2140 | −0.140% | $198K | $62K | 20x | as long as short |
| MEXC BAND_USDT | +0.0100% | 8h | 0.2137 | −0.280% | $354K | $152K | 100x | as long as short |
| KuCoin BANDUSDTMlong | +0.0100% | 8h | 0.2143 | long leg | $747K | $56K | 30x | |
| Bitget BANDUSDT | +0.0100% | 8h | 0.2139 | −0.187% | $799K | $102K | 50x | as long as short |
| Variational Omni BAND | +0.0100% | 8h | 0.2138 | −0.249% | $7K | $963 | — | as long as short |
| BloFin BAND-USDT | +0.0122% | 8h | 0.2137 | −0.280% | $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