Funding you earn now, next payment 06:00 UTC+0.0313%/8h= +34.2% APRpaid last 24h −0.003%
Price spread now: KuCoin against Kraken Futures+0.031%52s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and KuCoin is 0.031% dearer against Kraken Futures than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). 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_LQTYUSD | 0.2348 | −0.0213 | get 0.0027% / 1h | 54m 27s | $5K | $8K | 10x |
| Short | KuCoin LQTYUSDTM | 0.2349 | 0.0100 | get 0.0100% / 8h | 2h 54m | $201K | $43K | 30x |
Kraken Futures PF_LQTYUSD
KuCoin LQTYUSDTMFunding 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
- $65.63
- Price spread: +0.031% → 0.000%
- $3.09
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $46.72
- Costs to cover
- 0.220%
- Break-even
- 2.0 days
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 1 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 1 min ago | 12.76 bp | 226.6 bp −$227 | doesn't fit | doesn't fit | doesn'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.
LQTY on 10 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_LQTYUSDlong | −0.0213% | 1h | 0.2348 | long leg | $5K | $8K | 10x | |
| Binance LQTYUSDT | +0.0100% | 8h | 0.2349 | +0.027% | $1.3M | $1.8M | 50x | as long as short |
| Bybit LQTYUSDT | +0.0100% | 8h | 0.2352 | +0.159% | $337K | $192K | 20x | as long as short |
| OKX LQTY-USDT-SWAP | +0.0100% | 8h | 0.2349 | +0.031% | $226K | $425K | 10x | as long as short |
| Gate LQTY_USDT | +0.0100% | 8h | 0.2350 | +0.073% | $76K | $49K | 50x | as long as short |
| MEXC LQTY_USDT | +0.0100% | 8h | 0.2348 | −0.012% | $286K | $149K | 200x | as long as short |
| KuCoin LQTYUSDTMshort | +0.0100% | 8h | 0.2349 | +0.031% | $201K | $43K | 30x | |
| Bitget LQTYUSDT | +0.0100% | 8h | 0.2348 | −0.012% | $135K | $116K | 50x | as long as short |
| BingX LQTY-USDT | +0.0100% | 8h | 0.2349 | +0.031% | — | $1.4M | — | as long as short |
| Variational Omni LQTY | +0.0100% | 8h | 0.2353 | +0.184% | $29K | $17K | — | as long as short |
Binance LQTYUSDT
Bybit LQTYUSDT
OKX LQTY-USDT-SWAP
Gate LQTY_USDT
MEXC LQTY_USDT
Bitget LQTYUSDT
BingX LQTY-USDT
Variational Omni LQTY