Funding you earn now, next payment 01:00 UTC−0.0451%/8h= −49.4% APRpaid last 24h −0.611%
Price spread now: KuCoin against Kraken Futures−0.158%52s7-day average −0.210% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,521as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2,48824.876% of the position
Funding, last 7 days−0.331%−$33 on $10k
+Price spread, last 3 days (all we have)−0.124%−$12 · spread now −0.158%, 7d avg −0.210%
=The price spread pays, funding is against you. KuCoin is 0.052% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.158% now, against its 7-day average of −0.210%): +$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 9 hours. At the pace of the last 7 days (−0.331% in total) that is about 27 hours. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GRTUSD | 0.02367 | 0.0551 | pay 0.0069% / 1h | 54m 27s | $290K | $65K | 20x |
| Short | KuCoin GRTUSDTM | 0.02363 | 0.0100 | get 0.0100% / 8h | 7h 54m | $1.1M | $619K | 50x |
Funding 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
- −$94.77
- Price spread: −0.158% → −0.210%
- $5.22
- Slippage, 4 orders
- −$2,465.63
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,577.18
- Costs to cover
- 24.876%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 18 min ago; KuCoin: live order book, 10 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, 18 min ago | 19.10 bp | 2341.0 bp −$2,341 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 6.38 bp | 47.0 bp −$47 | 148.8 bp −$1,488 | doesn't fit | doesn't fit |
GRT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GRTUSDT | −0.0248% | 8h | 0.02359 | −0.327% | $2.9M | $2.4M | 75x | as long as short |
| Variational Omni GRT | −0.0112% | 8h | 0.02366 | −0.045% | $113K | $85K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02365 | −0.091% | $646 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −6.327% | — | $8K | 5.5x | as long as short |
| Gate GRT_USDT | +0.0063% | 8h | 0.02365 | −0.074% | $462K | $426K | 50x | as long as short |
| BloFin GRT-USDT | +0.0085% | 8h | 0.02366 | −0.031% | $177K | $235K | 75x | as long as short |
| Bitget GRTUSDT | +0.0086% | 8h | 0.02360 | −0.285% | $2.4M | $779K | 75x | as long as short |
| Binance GRTUSDT | +0.0100% | 8h | 0.02362 | −0.184% | $3.6M | $8.9M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02357 | −0.412% | $628K | $890K | 20x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02362 | −0.200% | $1.9M | $1.1M | 200x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GRTUSDTMshort | +0.0100% | 8h | 0.02363 | −0.158% | $1.1M | $619K | 50x | |
| BingX GRT-USDT | +0.0100% | 8h | 0.02360 | −0.285% | — | $2.4M | — | as long as short |
| Kraken Futures PF_GRTUSDlong | +0.0551% | 1h | 0.02367 | long leg | $290K | $65K | 20x |
Kraken Futures PF_GRTUSD
KuCoin GRTUSDTM
Bybit GRTUSDT
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
Gate GRT_USDT
BloFin GRT-USDT
Bitget GRTUSDT
Binance GRTUSDT
OKX GRT-USDT-SWAP
MEXC GRT_USDT
BingX GRT-USDT