Funding you earn now, next payment 06:00 UTC+0.0125%/8h= +13.7% APRpaid last 24h +0.282%
Price spread now: KuCoin against Kraken Futures+0.293%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.293% dearer against Kraken Futures than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_C98USD | 0.01614 | −0.0025 | get 0.0003% / 1h | 31m 37s | $17K | $2K | 10x |
| Short | KuCoin C98USDTM | 0.01619 | 0.0100 | get 0.0100% / 8h | 2h 31m | $196K | $38K | 20x |
Kraken Futures PF_C98USD
KuCoin C98USDTMFunding 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
- $26.18
- Price spread: +0.293% → 0.000%
- $29.32
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $33.5
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 24 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, 24 min ago | 21.40 bp | 451.4 bp −$451 | 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.
C98 on 9 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_C98USDlong | −0.0025% | 1h | 0.01614 | long leg | $17K | $2K | 10x | |
| Binance C98USDT | +0.0100% | 8h | 0.01615 | +0.017% | $1.4M | $2.0M | 50x | as long as short |
| Bybit C98USDT | +0.0100% | 8h | 0.01615 | +0.045% | $857K | $331K | 25x | as long as short |
| Gate C98_USDT | +0.0100% | 8h | 0.01617 | +0.169% | $104K | $47K | 25x | as long as short |
| MEXC C98_USDT | +0.0100% | 8h | 0.01615 | +0.045% | $279K | $105K | 100x | as long as short |
| KuCoin C98USDTMshort | +0.0100% | 8h | 0.01619 | +0.293% | $196K | $38K | 20x | |
| Bitget C98USDT | +0.0100% | 8h | 0.01615 | +0.045% | $190K | $352K | 50x | as long as short |
| Variational Omni C98 | +0.0100% | 8h | 0.01623 | +0.556% | $8K | $202 | — | as long as short |
| BloFin C98-USDT | +0.0104% | 8h | 0.01618 | +0.231% | $130K | $15K | 50x | as long as short |
Binance C98USDT
Bybit C98USDT
Gate C98_USDT
MEXC C98_USDT
Bitget C98USDT
Variational Omni C98
BloFin C98-USDT