Funding you earn now, next payment 05:00 UTC+0.2145%/8h= +234.9% APRpaid last 24h +4.402%
Price spread now: Kraken Futures against KuCoin−0.039%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
Funding pays, the price is against you. Kraken Futures is 0.039% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 1 hour of funding at the current rate (+$64 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DEEPUSDTM | 0.01950 | 0.0100 | pay 0.0050% / 4h | 3h 00m | $1.8M | $94K | 20x |
| Short | Kraken Futures PF_DEEPUSD | 0.01949 | 0.2245 | get 0.0281% / 1h | 0m 04s | $8K | $10K | 10x |
KuCoin DEEPUSDTM
Kraken Futures PF_DEEPUSDFunding 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
- $450.47
- Price spread: −0.039% → 0.000%
- −$3.91
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $424.57
- Costs to cover
- 0.220%
- Break-even
- 0.4 days
Slippage unknown: KuCoin: live order book, 1 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, 1 min ago | 12.84 bp | 209.8 bp −$210 | 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.
DEEP on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin DEEP-PERP | −0.5222% | 1h | 0.01939 | −0.564% | $79K | $11K | 20x | as long as short |
| Binance DEEPUSDT | +0.0100% | 4h | 0.01953 | +0.154% | $2.1M | $6.1M | 50x | as long as short |
| Bybit DEEPUSDT | +0.0100% | 8h | 0.01950 | 0.000% | $4.2M | $2.8M | 50x | as long as short |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01950 | 0.000% | $301K | $89K | 50x | as long as short |
| MEXC DEEP_USDT | +0.0100% | 4h | 0.01952 | +0.103% | $1.0M | $469K | 100x | as long as short |
| KuCoin DEEPUSDTMlong | +0.0100% | 4h | 0.01950 | long leg | $1.8M | $94K | 20x | |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.01952 | +0.103% | $811K | $578K | 50x | as long as short |
| BingX DEEP-USDT | +0.0100% | 4h | 0.01948 | −0.103% | — | $6.6M | — | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.01943 | −0.376% | $12K | $9K | — | as long as short |
| Extended DEEP-USD | +0.0104% | 1h | 0.01952 | +0.093% | $7K | $235K | 5x | as long as short |
Bluefin DEEP-PERP
Binance DEEPUSDT
Bybit DEEPUSDT
Gate DEEP_USDT
MEXC DEEP_USDT
Bitget DEEPUSDT
BingX DEEP-USDT
Variational Omni DEEP
Extended DEEP-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin DEEP-USDT | +0.0119% | 8h | 0.01943 | −0.359% | $135K | $32K | 50x | as long as short |
| Kraken Futures PF_DEEPUSDshort | +0.2245% | 1h | 0.01949 | −0.039% | $8K | $10K | 10x |
BloFin DEEP-USDT