Funding you earn now, next payment 06:00 UTC−0.0393%/8h= −43.0% APRpaid last 24h −0.301%
Price spread now: Kraken Futures against KuCoin+0.188%52s7-day average +0.147% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.455%+$145 on $10k
+Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.188%, 7d avg +0.147%
=The price spread pays, funding is against you. Kraken Futures is 0.041% dearer against KuCoin than usual: you sell high and buy low (spread +0.188% now, against its 7-day average of +0.147%): +$4 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 8 hours. Mind the row above: over the last 7 days funding on this pair paid +1.455%, so the current rate has only just turned against you. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BATUSDTM | 0.08340 | 0.0100 | pay 0.0100% / 8h | 2h 34m | $259K | $63K | 20x |
| Short | Kraken Futures PF_BATUSD | 0.08356 | −0.0293 | pay 0.0037% / 1h | 34m 18s | $114K | $7K | 10x |
KuCoin BATUSDTM
Kraken Futures PF_BATUSDFunding 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
- −$82.55
- Price spread: +0.188% → +0.147%
- $4.07
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$100.48
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 22 min ago; Kraken Futures: live order book, 13 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 KuCoin live order book, 22 min ago | 11.88 bp | 163.5 bp −$164 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 13 min ago | 16.70 bp | doesn't fit | 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_BATUSDshort | −0.0293% | 1h | 0.08356 | +0.188% | $114K | $7K | 10x | |
| Binance BATUSDT | +0.0100% | 8h | 0.08328 | −0.140% | $1.9M | $2.1M | 50x | as long as short |
| Bybit BATUSDT | +0.0100% | 8h | 0.08334 | −0.072% | $1.1M | $487K | 25x | as long as short |
| OKX BAT-USDT-SWAP | +0.0100% | 8h | 0.08347 | +0.084% | $524K | $416K | 20x | as long as short |
| Gate BAT_USDT | +0.0100% | 8h | 0.08350 | +0.120% | $82K | $28K | 25x | as long as short |
| MEXC BAT_USDT | +0.0100% | 8h | 0.08331 | −0.108% | $784K | $637K | 125x | as long as short |
| KuCoin BATUSDTMlong | +0.0100% | 8h | 0.08340 | long leg | $259K | $63K | 20x | |
| Bitget BATUSDT | +0.0100% | 8h | 0.08339 | −0.012% | $675K | $180K | 50x | as long as short |
| BingX BAT-USDT | +0.0100% | 8h | 0.08326 | −0.168% | — | $1.3M | — | as long as short |
| Variational Omni BAT | +0.0100% | 8h | 0.08341 | +0.008% | $113K | $78 | — | as long as short |
Binance BATUSDT
Bybit BATUSDT
OKX BAT-USDT-SWAP
Gate BAT_USDT
MEXC BAT_USDT
Bitget BATUSDT
BingX BAT-USDT
Variational Omni BATShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BAT-USDT | +0.0124% | 8h | 0.08362 | +0.264% | $100K | $33K | 50x | as long as short |
BloFin BAT-USDT