Funding you earn now, next payment 06:00 UTC−0.0312%/8h= −34.1% APRpaid last 24h +0.006%
Price spread now: Kraken Futures against KuCoin+0.599%7-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
The price spread pays, funding is against you. Kraken Futures is 0.599% dearer against KuCoin than usual: you sell high and buy low (spread +0.599% now, against zero (this spread has no 7-day history yet)): +$60 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 6.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LQTYUSDTM | 0.2342 | 0.0100 | pay 0.0100% / 8h | 2h 11m | $200K | $43K | 30x |
| Short | Kraken Futures PF_LQTYUSD | 0.2356 | −0.0212 | pay 0.0026% / 1h | 11m 15s | $5K | $9K | 10x |
Funding 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
- −$65.48
- Price spread: +0.599% → 0.000%
- $59.93
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$27.56
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 45 min ago; Kraken Futures: no order-book sample. 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 KuCoin live order book, 45 min ago | 12.76 bp | 197.9 bp −$198 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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_LQTYUSDshort | −0.0212% | 1h | 0.2356 | +0.599% | $5K | $9K | 10x | |
| Binance LQTYUSDT | +0.0100% | 8h | 0.2346 | +0.171% | $1.3M | $1.8M | 50x | as long as short |
| Bybit LQTYUSDT | +0.0100% | 8h | 0.2348 | +0.256% | $337K | $193K | 20x | as long as short |
| OKX LQTY-USDT-SWAP | +0.0100% | 8h | 0.2344 | +0.085% | $225K | $422K | 10x | as long as short |
| Gate LQTY_USDT | +0.0100% | 8h | 0.2344 | +0.085% | $75K | $50K | 50x | as long as short |
| MEXC LQTY_USDT | +0.0100% | 8h | 0.2345 | +0.128% | $286K | $151K | 200x | as long as short |
| KuCoin LQTYUSDTMlong | +0.0100% | 8h | 0.2342 | long leg | $200K | $43K | 30x | |
| Bitget LQTYUSDT | +0.0100% | 8h | 0.2344 | +0.085% | $129K | $120K | 50x | as long as short |
| BingX LQTY-USDT | +0.0100% | 8h | 0.2343 | +0.043% | — | $1.4M | — | as long as short |
| Variational Omni LQTY | +0.0100% | 8h | 0.2339 | −0.145% | $29K | $17K | — | as long as short |
KuCoin LQTYUSDTM
Kraken Futures PF_LQTYUSD
Binance LQTYUSDT
Bybit LQTYUSDT
OKX LQTY-USDT-SWAP
Gate LQTY_USDT
MEXC LQTY_USDT
Bitget LQTYUSDT
BingX LQTY-USDT
Variational Omni LQTY