Settings8H · net · $10k
Funding arb · Price arb /

BB

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0487%/8h= +53.3% APRpaid last 24h +0.231%
Price spread now: KuCoin against Kraken Futures+0.123%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and KuCoin is 0.123% dearer against Kraken Futures than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BBUSD0.008989−0.0387get 0.0048% / 1h36m 21s$21K$3K10x
ShortKuCoin BBUSDTM0.0090000.0100get 0.0050% / 4h2h 36m$442K$98K50x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$102.19
Price spread: +0.123% → 0.000%
$12.31
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$92.49
Costs to cover
0.220%
Break-even
0.7 days
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 22 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell KuCoin live order book, 22 min ago21.98 bp244.3 bp −$244doesn't fitdoesn't fitdoesn'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.

BB on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BBUSDlong−0.0387%1h0.008989long leg$21K$3K10x
Aster BBUSDT+0.0100%4h0.008999+0.113%$13K$13K5xas long as short
Binance BBUSDT+0.0100%4h0.009004+0.162%$3.2M$7.0M50xas long as short
Bybit BBUSDT+0.0100%4h0.009007+0.201%$681K$818K25xas long as short
Gate BB_USDT+0.0100%4h0.009000+0.123%$134K$231K50xas long as short
MEXC BB_USDT+0.0100%4h0.009008+0.212%$1.4M$578K100xas long as short
KuCoin BBUSDTMshort+0.0100%4h0.009000+0.123%$442K$98K50x
Bitget BBUSDT+0.0100%4h0.009000+0.123%$331K$505K50xas long as short
BingX BB-USDT+0.0308%4h0.009002+0.145%$1.3Mas long as short