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

CGPT

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0582%/8h= +63.7% APRpaid last 24h +0.149%
Price spread now: KuCoin against Kraken Futures−0.510%52s7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. KuCoin is 0.510% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.510% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$51 on $10k: about 2.9 days of funding at the current rate (+$17 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_CGPTUSD0.02150−0.0482get 0.0060% / 1h50m 24s$2K$2K10x
ShortKuCoin CGPTUSDTM0.021390.0100get 0.0050% / 4h1h 50m$242K$24K30x

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
$122.16
Price spread: −0.510% → 0.000%
−$51.03
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$49.13
Costs to cover
0.220%
Break-even
4.2 days
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 66 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, 66 min ago79.44 bp217.9 bp −$218doesn'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.

CGPT on 10 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_CGPTUSDlong−0.0482%1h0.02150long leg$2K$2K10x
Binance CGPTUSDT+0.0100%4h0.02148−0.092%$1.5M$1.7M50xas long as short
Bybit CGPTUSDT+0.0100%4h0.02152+0.085%$363K$210K25xas long as short
Gate CGPT_USDT+0.0100%4h0.02148−0.092%$184K$53K50xas long as short
MEXC CGPT_USDT+0.0100%4h0.02149−0.045%$426K$129K100xas long as short
KuCoin CGPTUSDTMshort+0.0100%4h0.02139−0.510%$242K$24K30x
Bitget CGPTUSDT+0.0100%4h0.02151+0.048%$600K$98K50xas long as short
BingX CGPT-USDT+0.0100%4h0.02154+0.187%$1.3Mas long as short
Variational Omni CGPT+0.0100%4h0.02150+0.008%$15K$2Kas long as short
Extended CGPT-USD+0.0104%1h0.02146−0.164%$16K$246K5xas long as short