Funding you earn now, next payment 01:00 UTC+0.0774%/8h= +84.7% APRpaid last 24h −0.172%
Price spread now: Kraken Futures against KuCoin−0.377%7-day average −0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs−$456as in the Funding arb table
Net, price: spread back to 7d avg − costs−$305as in the Price arb table
costs, in and out, $10k−$2832.833% of the position
Funding, last 7 days−1.731%−$173 on $10k
+Price spread, last 3 days (all we have)+0.016%+$2 · spread now −0.377%, 7d avg −0.164%
=Funding pays, the price is against you. Kraken Futures is 0.213% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.377% now, against its 7-day average of −0.164%). If the spread goes back, that is −$21 on $10k: about 22 hours of funding at the current rate (+$23 a day). Mind the row above: over the last 7 days funding on this pair cost −1.731%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MUBARAKUSDTM | 0.04388 | 0.1040 | pay 0.0520% / 4h | 3h 28m | $1.6M | $1.0M | 30x |
| Short | Kraken Futures PF_MUBARAKUSD | 0.04371 | 0.1814 | get 0.0227% / 1h | 28m 11s | $63K | $422K | 10x |
KuCoin MUBARAKUSDTM
Kraken Futures PF_MUBARAKUSDFunding 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
- $162.44
- Price spread: −0.377% → −0.164%
- −$21.32
- Slippage, 4 orders
- −$261.28
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$142.15
- Costs to cover
- 2.833%
- Break-even
- 13.1 days
Slippage from KuCoin: live order book, 3 min ago; Kraken Futures: live order book, 45 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, 3 min ago | 7.96 bp | 43.5 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 45 min ago | 50.81 bp | 114.6 bp −$115 | doesn't fit | doesn't fit | doesn't fit |
MUBARAK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MUBARAKUSDT | +0.0100% | 4h | 0.04383 | −0.119% | $15.9M | $87.4M | 25x | as long as short |
| Bybit MUBARAKUSDT | +0.0100% | 4h | 0.04392 | +0.098% | $3.4M | $10.7M | 25x | as long as short |
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04387 | −0.018% | $2.6M | $53.6M | 20x | as long as short |
| Gate MUBARAK_USDT | +0.0100% | 4h | 0.04388 | 0.000% | $6.9M | $5.4M | 50x | as long as short |
| MEXC MUBARAK_USDT | +0.0100% | 4h | 0.04386 | −0.046% | $883K | $1.5M | 50x | as long as short |
| Bitget MUBARAKUSDT | +0.0100% | 4h | 0.04391 | +0.068% | $2.7M | $7.2M | 25x | as long as short |
| BingX MUBARAK-USDT | +0.0100% | 4h | 0.04383 | −0.114% | — | $3.1M | — | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04390 | +0.047% | $13K | $51K | — | as long as short |
| Aster MUBARAKUSDT | +0.0135% | 4h | 0.04382 | −0.137% | $19K | $397K | 5x | as long as short |
| KuCoin MUBARAKUSDTMlong | +0.1040% | 4h | 0.04388 | long leg | $1.6M | $1.0M | 30x |
Binance MUBARAKUSDT
Bybit MUBARAKUSDT
OKX MUBARAK-USDT-SWAP
Gate MUBARAK_USDT
MEXC MUBARAK_USDT
Bitget MUBARAKUSDT
BingX MUBARAK-USDT
Variational Omni MUBARAK
Aster MUBARAKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSDshort | +0.1814% | 1h | 0.04371 | −0.377% | $63K | $422K | 10x |