Funding you earn now, next payment 02:00 UTC−0.0069%/8h= −7.6% APRpaid last 24h +0.481%
Price spread now: Kraken Futures against KuCoin−0.129%7-day average +0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$241as in the Price arb table
costs, in and out, $10k−$2122.117% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 3 days (all we have)+0.243%+$24 · spread now −0.129%, 7d avg +0.164%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Kraken Futures is 0.294% cheaper against KuCoin than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of +0.164%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LPTUSDTM | 1.7210 | 0.0100 | pay 0.0050% / 4h | 2h 45m | $304K | $183K | 50x |
| Short | Kraken Futures PF_LPTUSD | 1.7188 | 0.0031 | get 0.0004% / 1h | 45m 07s | $46K | $107K | 25x |
KuCoin LPTUSDTM
Kraken Futures PF_LPTUSDFunding 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
- −$14.49
- Price spread: −0.129% → +0.164%
- −$29.38
- Slippage, 4 orders
- −$189.69
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$255.57
- Costs to cover
- 2.117%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 66 min ago; Kraken Futures: live order book, 22 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, 66 min ago | 5.82 bp | 64.8 bp −$65 | 407.6 bp −$4,076 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 22 min ago | 18.78 bp | 35.5 bp −$35 | 141.8 bp −$1,418 | doesn't fit | doesn't fit |
LPT on 12 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_LPTUSDshort | +0.0031% | 1h | 1.7188 | −0.129% | $46K | $107K | 25x | |
| BloFin LPT-USDT | +0.0057% | 4h | 1.7140 | −0.407% | $202K | $29K | 50x | as long as short |
| Aster LPTUSDT | +0.0100% | 4h | 1.7206 | −0.026% | $2K | $19K | 5x | as long as short |
| Binance LPTUSDT | +0.0100% | 4h | 1.7211 | +0.004% | $3.6M | $10.9M | 50x | as long as short |
| Bybit LPTUSDT | +0.0100% | 4h | 1.7226 | +0.093% | $1.8M | $2.0M | 25x | as long as short |
| OKX LPT-USDT-SWAP | +0.0100% | 4h | 1.7200 | −0.058% | $1.4M | $3.2M | 20x | as long as short |
| Gate LPT_USDT | +0.0100% | 8h | 1.7230 | +0.116% | $247K | $851K | 50x | as long as short |
| MEXC LPT_USDT | +0.0100% | 4h | 1.7200 | −0.058% | $2.0M | $991K | 50x | as long as short |
| KuCoin LPTUSDTMlong | +0.0100% | 4h | 1.7210 | long leg | $304K | $183K | 50x | |
| Bitget LPTUSDT | +0.0100% | 4h | 1.7210 | 0.000% | $1.3M | $824K | 50x | as long as short |
BloFin LPT-USDT
Aster LPTUSDT
Binance LPTUSDT
Bybit LPTUSDT
OKX LPT-USDT-SWAP
Gate LPT_USDT
MEXC LPT_USDT
Bitget LPTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LPT-USDT | +0.0100% | 4h | 1.7220 | +0.058% | — | $2.5M | — | as long as short |
| Variational Omni LPT | +0.0100% | 4h | 1.7225 | +0.089% | $6K | $3K | — | as long as short |
BingX LPT-USDT
Variational Omni LPT