Funding you earn now, next payment 02:00 UTC−0.6166%/8h= −675.1% APRpaid last 24h −0.781%
Price spread now: KuCoin against Kraken Futures−0.508%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 −$185 a day on $10k at the current rate, and KuCoin is 0.508% cheaper against Kraken Futures than usual: you would sell low and buy high (−$51 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 | Kraken Futures PF_BICOUSD | 0.02269 | 0.6384 | pay 0.0798% / 1h | 46m 03s | $39K | $52K | 20x |
| Short | KuCoin BICOUSDTM | 0.02257 | 0.0218 | get 0.0218% / 8h | 6h 46m | $1.1M | $1.3M | 20x |
Kraken Futures PF_BICOUSD
KuCoin BICOUSDTMFunding 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
- −$1,294.77
- Price spread: −0.508% → 0.000%
- −$50.84
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,367.62
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 4 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, 4 min ago | 2.21 bp | 319.9 bp −$320 | 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.
BICO 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BICOUSDT | +0.0100% | 8h | 0.02251 | −0.795% | $94K | $19K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02252 | −0.729% | $4.1M | $8.5M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02253 | −0.685% | $1.9M | $5.2M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02252 | −0.729% | $1.8M | $1.0M | 50x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02253 | −0.685% | $643K | $479K | 10x | as long as short |
| KuCoin BICOUSDTMshort | +0.0218% | 8h | 0.02257 | −0.508% | $1.1M | $1.3M | 20x | |
| Variational Omni BICO | +0.0249% | 8h | 0.02256 | −0.555% | $14K | $8K | — | as long as short |
| Gate BICO_USDT | +0.0563% | 8h | 0.02254 | −0.641% | $404K | $296K | 20x | as long as short |
| BingX BICO-USDT | +0.0573% | 8h | 0.02255 | −0.597% | — | $1.7M | — | as long as short |
| Bybit BICOUSDT | +0.0685% | 8h | 0.02256 | −0.570% | $2.4M | $3.7M | 20x | as long as short |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
Bitget BICOUSDT
Variational Omni BICO
Gate BICO_USDT
BingX BICO-USDT
Bybit BICOUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSDlong | +0.6384% | 1h | 0.02269 | long leg | $39K | $52K | 20x |