Settings8H · net · $10k
Funding arb · Price arb /

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0182%/8h= −19.9% APRpaid last 24h −0.168%
Price spread now: KuCoin against Kraken Futures+0.293%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. KuCoin is 0.293% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.293% now, against zero (this spread has no 7-day history yet)): +$29 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 5.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_IDUSD0.037630.0282pay 0.0035% / 1h33m 44s$4K$5K10x
ShortKuCoin IDUSDTM0.037740.0100get 0.0050% / 4h2h 33m$1.1M$66K30x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$38.24
Price spread: +0.293% → 0.000%
$29.3
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$30.94
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell KuCoin live order book, 6 min ago9.30 bp429.0 bp −$429doesn't fitdoesn't fitdoesn't fit
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ID on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ID_USDT+0.0054%4h0.03772+0.240%$251K$218K25xas long as short
BloFin ID-USDT+0.0068%4h0.03780+0.452%$157K$13K50xas long as short
Aster IDUSDT+0.0100%4h0.03774+0.296%$9K$2K5xas long as short
Binance IDUSDT+0.0100%4h0.03765+0.044%$2.4M$3.8M50xas long as short
Bybit IDUSDT+0.0100%8h0.03770+0.187%$1.4M$1.1M25xas long as short
MEXC ID_USDT+0.0100%4h0.03765+0.054%$373K$214K20xas long as short
KuCoin IDUSDTMshort+0.0100%4h0.03774+0.293%$1.1M$66K30x
Bitget IDUSDT+0.0100%4h0.03767+0.107%$800K$617K50xas long as short
Variational Omni ID+0.0100%8h0.03776+0.344%$12K$20Kas long as short
BingX ID-USDT+0.0200%4h0.03773+0.266%$2.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IDUSDlong+0.0282%1h0.03763long leg$4K$5K10x