Funding you earn now, next payment 12:00 UTC−0.0161%/8h= −17.6% APRpaid last 24h +0.079%
Price spread now: Kraken Futures against KuCoin−0.605%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 −$5 a day on $10k at the current rate, and Kraken Futures is 0.605% cheaper against KuCoin than usual: you would sell low and buy high (−$61 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 | KuCoin COOKIEUSDTM | 0.01248 | 0.0100 | pay 0.0050% / 4h | 51m 28s | $283K | $362K | 20x |
| Short | Kraken Futures PF_COOKIEUSD | 0.01240 | −0.0061 | pay 0.0008% / 1h | 51m 28s | $13K | $66K | 10x |
KuCoin COOKIEUSDTM
Kraken Futures PF_COOKIEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against KuCoin. 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
- −$33.76
- Price spread: −0.605% → 0.000%
- −$60.53
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$116.29
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 42 min ago; Kraken Futures: no order-book sample. 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 KuCoin live order book, 42 min ago | 7.46 bp | 374.3 bp −$374 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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.
COOKIE on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit COOKIEUSDT | −0.0251% | 4h | 0.01247 | −0.072% | $991K | $3.6M | 25x | as long as short |
| Kraken Futures PF_COOKIEUSDshort | −0.0061% | 1h | 0.01240 | −0.605% | $13K | $66K | 10x | |
| Variational Omni COOKIE | +0.0004% | 4h | 0.01245 | −0.263% | $13K | $33K | — | as long as short |
| Binance COOKIEUSDT | +0.0100% | 4h | 0.01246 | −0.160% | $2.3M | $22.0M | 20x | as long as short |
| Gate COOKIE_USDT | +0.0100% | 4h | 0.01245 | −0.240% | $147K | $520K | 25x | as long as short |
| MEXC COOKIE_USDT | +0.0100% | 4h | 0.01246 | −0.160% | $798K | $726K | 100x | as long as short |
| KuCoin COOKIEUSDTMlong | +0.0100% | 4h | 0.01248 | long leg | $283K | $362K | 20x | |
| Bitget COOKIEUSDT | +0.0224% | 4h | 0.01247 | −0.080% | $395K | $607K | 5x | as long as short |
| BingX COOKIE-USDT | +0.0230% | 4h | 0.01246 | −0.128% | — | $6.6M | — | as long as short |
Bybit COOKIEUSDT
Variational Omni COOKIE
Binance COOKIEUSDT
Gate COOKIE_USDT
MEXC COOKIE_USDT
Bitget COOKIEUSDT
BingX COOKIE-USDT