Funding you earn now, next payment 00:00 UTC−0.2310%/8h= −253.0% APRpaid last 24h +0.127%
Price spread now: Kraken Futures against KuCoin+0.238%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$263as in the Price arb table
costs, in and out, $10k−$2772.770% of the position
Funding, last 7 days+0.584%+$58 on $10k
+Price spread, last 3 days (all we have)−0.267%−$27 · spread now +0.238%, 7d avg +0.097%
=The price spread pays, funding is against you. Kraken Futures is 0.141% dearer against KuCoin than usual: you sell high and buy low (spread +0.238% now, against its 7-day average of +0.097%): +$14 on $10k if it goes back. Holding the pair costs −$69 a day in funding at the current rate, which eats that in about 5 hours. Mind the row above: over the last 7 days funding on this pair paid +0.584%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.584% in total (about 30.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin JASMYUSDTM | 0.004360 | −0.0039 | get 0.0039% / 8h | 18m 17s | $3.4M | $2.4M | 50x |
| Short | Kraken Futures PF_JASMYUSD | 0.004370 | −0.2349 | pay 0.0294% / 1h | 18m 17s | $250K | $224K | 20x |
KuCoin JASMYUSDTM
Kraken Futures PF_JASMYUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against KuCoin. 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
- −$485.14
- Price spread: +0.238% → +0.097%
- $14.12
- Slippage, 4 orders
- −$254.98
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$748
- Costs to cover
- 2.770%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Kraken Futures: live order book, 59 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 KuCoin live order book, 4 min ago | 3.44 bp | 47.7 bp −$48 | 252.1 bp −$2,521 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 59 min ago | 28.69 bp | 89.3 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
JASMY on 14 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_JASMYUSDshort | −0.2349% | 1h | 0.004370 | +0.238% | $250K | $224K | 20x | |
| Coinbase International JASMY-PERP-INTX | −0.0568% | 1h | 0.004337 | −0.528% | $16K | $15K | 25x | as long as short |
| KuCoin JASMYUSDTMlong | −0.0039% | 8h | 0.004360 | long leg | $3.4M | $2.4M | 50x | |
| Deribit JASMY_USDC-PERPETUAL | 0.0000% | 1h | 0.004366 | +0.138% | — | — | 10x | as long as short |
| Aster JASMYUSDT | +0.0100% | 8h | 0.004361 | +0.020% | $7K | $16K | 5x | as long as short |
| Binance JASMYUSDT | +0.0100% | 8h | 0.004362 | +0.035% | $3.4M | $5.2M | 75x | as long as short |
| Bybit JASMYUSDT | +0.0100% | 8h | 0.004361 | +0.023% | $3.9M | $2.3M | 75x | as long as short |
| Gate JASMY_USDT | +0.0100% | 8h | 0.004357 | −0.069% | $417K | $206K | 75x | as long as short |
| MEXC JASMY_USDT | +0.0100% | 8h | 0.004361 | +0.023% | $10.0M | $2.8M | 200x | as long as short |
| Bitget JASMYUSDT | +0.0100% | 8h | 0.004362 | +0.046% | $1.7M | $563K | 50x | as long as short |
Coinbase International JASMY-PERP-INTX
Deribit JASMY_USDC-PERPETUAL
Aster JASMYUSDT
Binance JASMYUSDT
Bybit JASMYUSDT
Gate JASMY_USDT
MEXC JASMY_USDT
Bitget JASMYUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX JASMY-USDT | +0.0100% | 8h | 0.004363 | +0.069% | — | $7.8M | — | as long as short |
| Variational Omni JASMY | +0.0100% | 8h | 0.004360 | +0.009% | $124K | $34K | — | as long as short |
| Extended JASMY-USD | +0.0104% | 1h | 0.004361 | +0.018% | $6K | $199K | 10x | as long as short |
| BloFin JASMY-USDT | +0.0220% | 8h | 0.004367 | +0.161% | $225K | $200K | 75x | as long as short |
BingX JASMY-USDT
Variational Omni JASMY
Extended JASMY-USD
BloFin JASMY-USDT