Funding you earn now, next payment 23:00 UTC−0.0473%/8h= −51.8% APRpaid last 24h −0.070%
Price spread now: KuCoin against Kraken Futures−0.054%7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1541.539% of the position
Funding, last 7 days−0.600%−$60 on $10k
+Price spread, last 3 days (all we have)−0.304%−$30 · spread now −0.054%, 7d avg −0.103%
=The price spread pays, funding is against you. KuCoin is 0.049% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.054% now, against its 7-day average of −0.103%): +$5 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DYDXUSD | 0.1381 | 0.0573 | pay 0.0072% / 1h | 16m 07s | $315K | $327K | 20x |
| Short | KuCoin DYDXUSDTM | 0.1380 | 0.0100 | get 0.0100% / 8h | 1h 16m | $2.3M | $4.1M | 50x |
Kraken Futures PF_DYDXUSD
KuCoin DYDXUSDTMFunding 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
- −$99.34
- Price spread: −0.054% → −0.103%
- $4.95
- Slippage, 4 orders
- −$131.95
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$248.35
- Costs to cover
- 1.539%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; KuCoin: live order book, 6 min ago.
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 live order book, 2 min ago | 1.09 bp | 48.8 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 7.24 bp | 24.4 bp −$24 | 168.4 bp −$1,684 | doesn't fit | doesn't fit |
DYDX on 21 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 DYDX/USDC PERP | −0.0316% | 1h | 0.1380 | −0.054% | $6K | $51K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1379 | −0.126% | — | — | 25x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1380 | −0.076% | $62K | $47K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1381 | +0.048% | $2.1M | $738K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1380 | −0.085% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1380 | −0.083% | $5.2M | $8.5M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1378 | −0.170% | $4.6M | $2.3M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1380 | −0.054% | $2.2M | $3.4M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1382 | +0.091% | $53K | $19K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1379 | −0.133% | $391K | $473K | 75x | as long as short |
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USD
Gate DYDX_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1379 | −0.126% | $3.4M | $868K | 125x | as long as short |
| KuCoin DYDXUSDTMshort | +0.0100% | 8h | 0.1380 | −0.054% | $2.3M | $4.1M | 50x | |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1379 | −0.126% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1379 | −0.126% | — | $7.4M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1379 | −0.099% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1380 | −0.054% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0127% | 8h | 0.1379 | −0.126% | $297K | $14K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1379 | −0.118% | $935 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSDlong | +0.0573% | 1h | 0.1381 | long leg | $315K | $327K | 20x | |
| Coinbase International DYDX-PERP-INTX | +0.0888% | 1h | 0.1384 | +0.236% | $16K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.2635% | 1h | 0.1378 | −0.226% | $78K | $2K | 5x | as long as short |
MEXC DYDX_USDT
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD