Funding you earn now, next payment 22:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h +0.047%
Price spread now: KuCoin against Kraken Futures+0.101%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$970.972% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 3 days (all we have)+0.288%+$29 · spread now +0.101%, 7d avg −0.026%
=The price spread pays, funding is against you. KuCoin is 0.127% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.101% now, against its 7-day average of −0.026%): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ETCUSD | 8.7941 | 0.0180 | pay 0.0023% / 1h | 12m 10s | $1.9M | $674K | 50x |
| Short | KuCoin ETCUSDTM | 8.8030 | 0.0100 | get 0.0100% / 8h | 2h 12m | $2.8M | $722K | 50x |
Kraken Futures PF_ETCUSD
KuCoin ETCUSDTMFunding 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
- −$16.85
- Price spread: +0.101% → −0.026%
- $12.71
- Slippage, 4 orders
- −$75.19
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$101.33
- Costs to cover
- 0.972%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; KuCoin: live order book, 5 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, 1 min ago | 3.98 bp | 23.5 bp −$24 | 45.1 bp −$451 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 5.10 bp | 23.9 bp −$24 | 71.0 bp −$710 | doesn't fit | doesn't fit |
ETC on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETC_USDC-PERPETUAL | −0.0125% | 1h | 8.7978 | +0.042% | $498 | $978 | 50x | as long as short |
| Injective ETC/USDC PERP | −0.0037% | 1h | 8.7920 | −0.024% | $33 | $77K | 5.5x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8036 | +0.108% | $9K | $46 | 10x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7993 | +0.059% | — | — | 150x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8060 | +0.135% | $2.2M | $425K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7984 | +0.048% | $985K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7951 | +0.011% | $26.2M | $67.6M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7930 | −0.013% | $13.0M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7930 | −0.013% | $8.7M | $16.2M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.7980 | +0.044% | $3.6M | $2.4M | 60x | as long as short |
Deribit ETC_USDC-PERPETUAL
Injective ETC/USDC PERP
dYdX ETC-USD
gTrade (Gains Network) ETC/USD
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAP
Gate ETC_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ETC_USDT | +0.0100% | 8h | 8.7950 | +0.010% | $7.7M | $36.8M | 200x | as long as short |
| KuCoin ETCUSDTMshort | +0.0100% | 8h | 8.8030 | +0.101% | $2.8M | $722K | 50x | |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7970 | +0.033% | $9.7M | $3.6M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.7950 | +0.010% | — | $714K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8041 | +0.114% | $125K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7940 | −0.001% | $132 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7960 | +0.021% | $132K | $270K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7990 | +0.055% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7960 | +0.022% | $11K | $191K | 25x | as long as short |
| Kraken Futures PF_ETCUSDlong | +0.0180% | 1h | 8.7941 | long leg | $1.9M | $674K | 50x | |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8000 | +0.067% | $1.4M | $216K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0632% | 1h | 8.8440 | +0.567% | $35K | $13K | 50x | as long as short |
MEXC ETC_USDT
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX