Funding you earn now, next payment 09:00 UTC−0.0626%/8h= −68.5% APRpaid last 24h −0.331%
Price spread now: KuCoin against Kraken Futures−0.065%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 −$19 a day on $10k at the current rate, and KuCoin is 0.065% cheaper against Kraken Futures than usual: you would sell low and buy high (−$7 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_CELOUSD | 0.09356 | 0.0726 | pay 0.0091% / 1h | 0m 47s | $17K | $6K | 10x |
| Short | KuCoin CELOUSDTM | 0.09350 | 0.0100 | get 0.0100% / 8h | 7h 00m | $320K | $261K | 50x |
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
- −$131.44
- Price spread: −0.065% → 0.000%
- −$6.51
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$159.95
- Costs to cover
- 0.220%
- Break-even
- never at this rate
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 22 min ago | 5.35 bp | 583.4 bp −$583 | 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.
CELO on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CELO/USDC PERP | +0.0033% | 1h | 0.09910 | +5.920% | $747 | $1K | 5.5x | as long as short |
| Hyperliquid CELO | +0.0100% | 1h | 0.09343 | −0.144% | $204K | $189K | 3x | as long as short |
| Binance CELOUSDT | +0.0100% | 8h | 0.09348 | −0.085% | $1.9M | $3.0M | 50x | as long as short |
| Bybit CELOUSDT | +0.0100% | 8h | 0.09335 | −0.225% | $1.3M | $740K | 50x | as long as short |
| OKX CELO-USDT-SWAP | +0.0100% | 8h | 0.09338 | −0.193% | $491K | $673K | 20x | as long as short |
| Gate CELO_USDT | +0.0100% | 8h | 0.09348 | −0.086% | $134K | $72K | 50x | as long as short |
| MEXC CELO_USDT | +0.0100% | 8h | 0.09337 | −0.204% | $558K | $237K | 50x | as long as short |
| KuCoin CELOUSDTMshort | +0.0100% | 8h | 0.09350 | −0.065% | $320K | $261K | 50x | |
| Bitget CELOUSDT | +0.0100% | 8h | 0.09349 | −0.076% | $853K | $428K | 50x | as long as short |
| BingX CELO-USDT | +0.0100% | 8h | 0.09350 | −0.065% | — | $2.4M | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CELO | +0.0100% | 8h | 0.09326 | −0.319% | $10K | $85 | — | as long as short |
| BloFin CELO-USDT | +0.0123% | 8h | 0.09354 | −0.022% | $97K | $19K | 75x | as long as short |
| Kraken Futures PF_CELOUSDlong | +0.0726% | 1h | 0.09356 | long leg | $17K | $6K | 10x |
Kraken Futures PF_CELOUSD
KuCoin CELOUSDTM
Injective CELO/USDC PERP
Hyperliquid CELO
Binance CELOUSDT
Bybit CELOUSDT
OKX CELO-USDT-SWAP
Gate CELO_USDT
MEXC CELO_USDT
Bitget CELOUSDT
BingX CELO-USDT
Variational Omni CELO
BloFin CELO-USDT