Funding you earn now, next payment 04:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.031%
Price spread now: KuCoin against Kraken Futures−0.081%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$1821.820% of the position
Funding, last 7 days+0.172%+$17 on $10k
+Price spread, last 4 days (all we have)−0.309%−$31 · spread now −0.081%, 7d avg +0.056%
=Funding pays, the price is against you. KuCoin is 0.137% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of +0.056%). If the spread goes back, that is −$14 on $10k: about 5.7 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_EGLDUSD | 4.3495 | 0.0020 | pay 0.0002% / 1h | 18m 47s | $433K | $691K | 20x |
| Short | KuCoin EGLDUSDTM | 4.3460 | 0.0100 | get 0.0100% / 8h | 4h 18m | $2.7M | $1.3M | 50x |
Kraken Futures PF_EGLDUSD
KuCoin EGLDUSDTMFunding 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
- $16.87
- Price spread: −0.081% → +0.056%
- −$13.66
- Slippage, 4 orders
- −$160.01
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$178.79
- Costs to cover
- 1.820%
- Break-even
- 81.2 days
Slippage from Kraken Futures: live order book, 39 min ago; KuCoin: live order book, 3 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, 39 min ago | 20.80 bp | 37.2 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 9.20 bp | 59.3 bp −$59 | 242.8 bp −$2,428 | doesn't fit | doesn't fit |
EGLD 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EGLDUSDlong | +0.0020% | 1h | 4.3495 | long leg | $433K | $691K | 20x | |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −15.853% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.3406 | −0.205% | $4.7M | $26.7M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.3390 | −0.242% | $2.6M | $8.6M | 75x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.3490 | −0.012% | $448K | $695K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.3400 | −0.219% | $3.9M | $3.5M | 125x | as long as short |
| KuCoin EGLDUSDTMshort | +0.0100% | 8h | 4.3460 | −0.081% | $2.7M | $1.3M | 50x | |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3410 | −0.196% | $2.2M | $4.2M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.3392 | −0.237% | $17K | $54K | — | as long as short |
| BloFin EGLD-USDT | +0.0220% | 8h | 4.3440 | −0.127% | $225K | $586K | 75x | as long as short |
Injective EGLD/USDC PERP
Binance EGLDUSDT
Bybit EGLDUSDT
Gate EGLD_USDT
MEXC EGLD_USDT
Bitget EGLDUSDT
Variational Omni EGLD
BloFin EGLD-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX EGLD-USDT | +0.0241% | 8h | 4.3400 | −0.219% | — | $2.9M | — | as long as short |
| OKX EGLD-USDT-SWAP | +0.0255% | 8h | 4.3410 | −0.196% | $616K | $4.9M | 20x | as long as short |
BingX EGLD-USDT
OKX EGLD-USDT-SWAP