Funding you earn now, next payment 04:00 UTC+0.0619%/8h= +67.8% APRpaid last 24h +0.300%
Price spread now: KuCoin against Kraken Futures+0.002%7-day average −0.138% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.433%−$143 on $10k
+Price spread, last 4 days (all we have)−0.193%−$19 · spread now +0.002%, 7d avg −0.138%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and KuCoin is 0.141% dearer against Kraken Futures than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.138%. Mind the row above: over the last 7 days funding on this pair cost −1.433%, 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_BATUSD | 0.08470 | −0.0519 | get 0.0065% / 1h | 22m 38s | $116K | $14K | 10x |
| Short | KuCoin BATUSDTM | 0.08470 | 0.0100 | get 0.0100% / 8h | 4h 22m | $266K | $61K | 20x |
Funding 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
- $130.05
- Price spread: +0.002% → −0.138%
- $14.05
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $122.11
- Costs to cover
- 0.220%
- Break-even
- 0.4 days
Slippage unknown: Kraken Futures: live order book, 35 min ago; KuCoin: live order book, 58 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 live order book, 35 min ago | 21.95 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 58 min ago | 11.81 bp | 323.7 bp −$324 | doesn't fit | doesn't fit | doesn't fit |
BAT 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_BATUSDlong | −0.0519% | 1h | 0.08470 | long leg | $116K | $14K | 10x | |
| BloFin BAT-USDT | +0.0094% | 8h | 0.08472 | +0.026% | $100K | $26K | 50x | as long as short |
| Binance BATUSDT | +0.0100% | 8h | 0.08478 | +0.097% | $1.9M | $2.0M | 50x | as long as short |
| Bybit BATUSDT | +0.0100% | 8h | 0.08475 | +0.061% | $1.1M | $474K | 25x | as long as short |
| OKX BAT-USDT-SWAP | +0.0100% | 8h | 0.08456 | −0.163% | $535K | $419K | 20x | as long as short |
| Gate BAT_USDT | +0.0100% | 8h | 0.08463 | −0.080% | $83K | $35K | 25x | as long as short |
| MEXC BAT_USDT | +0.0100% | 8h | 0.08471 | +0.014% | $829K | $626K | 125x | as long as short |
| KuCoin BATUSDTMshort | +0.0100% | 8h | 0.08470 | +0.002% | $266K | $61K | 20x | |
| Bitget BATUSDT | +0.0100% | 8h | 0.08471 | +0.014% | $679K | $176K | 50x | as long as short |
| BingX BAT-USDT | +0.0100% | 8h | 0.08473 | +0.038% | — | $1.3M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BAT | +0.0100% | 8h | 0.08453 | −0.193% | $115K | $78 | — | as long as short |
Kraken Futures PF_BATUSD
KuCoin BATUSDTM
BloFin BAT-USDT
Binance BATUSDT
Bybit BATUSDT
OKX BAT-USDT-SWAP
Gate BAT_USDT
MEXC BAT_USDT
Bitget BATUSDT
BingX BAT-USDT
Variational Omni BAT