Funding you earn now, next payment 05:00 UTC+0.0144%/8h= +15.8% APRpaid last 24h −0.134%
Price spread now: KuCoin against Kraken Futures−0.115%7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1721.722% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.115%, 7d avg −0.119%
=The price spread sits at its 7-day average of −0.119%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GALAUSD | 0.002107 | −0.0164 | get 0.0021% / 1h | 47m 10s | $666K | $180K | 25x |
| Short | KuCoin GALAUSDTM | 0.002105 | −0.0020 | pay 0.0020% / 8h | 3h 47m | $1.8M | $5.2M | 75x |
Kraken Futures PF_GALAUSD
KuCoin GALAUSDTMFunding 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
- $30.31
- Price spread: −0.115% → −0.119%
- $0.43
- Slippage, 4 orders
- −$150.23
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$141.5
- Costs to cover
- 1.722%
- Break-even
- 39.7 days
Slippage from Kraken Futures: live order book, 6 min ago; KuCoin: live order book, 1 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, 6 min ago | 11.85 bp | 39.6 bp −$40 | 116.3 bp −$1,163 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 2.38 bp | 47.4 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
GALA on 15 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_GALAUSDlong | −0.0164% | 1h | 0.002107 | long leg | $666K | $180K | 25x | |
| KuCoin GALAUSDTMshort | −0.0020% | 8h | 0.002105 | −0.115% | $1.8M | $5.2M | 75x | |
| Injective GALA/USDC PERP | +0.0033% | 1h | 0.002110 | +0.122% | $2K | $7K | 5.5x | as long as short |
| Hyperliquid GALA | +0.0100% | 1h | 0.002105 | −0.115% | $309K | $157K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | 0.002106 | −0.091% | $17K | $11K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002106 | −0.046% | $5.5M | $17.0M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002105 | −0.115% | $6.1M | $6.2M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002105 | −0.115% | $2.2M | $4.1M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002107 | −0.020% | $1.8M | $1.3M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002105 | −0.115% | $5.9M | $3.4M | 125x | as long as short |
Injective GALA/USDC PERP
Hyperliquid GALA
Aster GALAUSDT
Binance GALAUSDT
Bybit GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDT
MEXC GALA_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GALAUSDT | +0.0100% | 8h | 0.002106 | −0.068% | $2.2M | $1.2M | 75x | as long as short |
| BingX GALA-USDT | +0.0100% | 8h | 0.002106 | −0.068% | — | $11.0M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002107 | −0.038% | $26K | $20K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002107 | −0.042% | $1K | $143K | 5x | as long as short |
| BloFin GALA-USDT | +0.0111% | 8h | 0.002108 | +0.027% | $309K | $68K | 20x | as long as short |
Bitget GALAUSDT
BingX GALA-USDT
Variational Omni GALA
Extended GALA-USD
BloFin GALA-USDT