Funding you earn now, next payment 09:00 UTC+0.0090%/8h= +9.8% APRpaid last 24h +0.005%
Price spread now: Kraken Futures against KuCoin+0.051%52s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.468%−$147 on $10k
+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 +$3 a day on $10k at the current rate, and Kraken Futures is 0.051% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −1.468%, so the current rate has only just turned in your favour. 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 | KuCoin OPENUSDTM | 0.1433 | 0.0100 | pay 0.0050% / 4h | 3h 48m | $2.4M | $52K | 30x |
| Short | Kraken Futures PF_OPENUSD | 0.1434 | 0.0190 | get 0.0024% / 1h | 48m 27s | $14K | $55K | 10x |
KuCoin OPENUSDTM
Kraken Futures PF_OPENUSDFunding 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
- $18.81
- Price spread: +0.051% → 0.000%
- $5.14
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $1.95
- Costs to cover
- 0.220%
- Break-even
- 6.3 days
Slippage unknown: KuCoin: live order book, 8 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, 8 min ago | 18.80 bp | 253.9 bp −$254 | 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.
OPEN on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPEN-USDT | +0.0070% | 4h | 0.1432 | −0.084% | $673K | $13K | 75x | as long as short |
| Aster OPENUSDT | +0.0100% | 4h | 0.1434 | +0.090% | $251K | $2K | 5x | as long as short |
| Binance OPENUSDT | +0.0100% | 4h | 0.1434 | +0.056% | $7.1M | $2.5M | 75x | as long as short |
| Gate OPEN_USDT | +0.0100% | 8h | 0.1434 | +0.056% | $819K | $181K | 75x | as long as short |
| KuCoin OPENUSDTMlong | +0.0100% | 4h | 0.1433 | long leg | $2.4M | $52K | 30x | |
| Extended OPEN-USD | +0.0104% | 1h | 0.1434 | +0.029% | $2K | $178K | 5x | as long as short |
| Kraken Futures PF_OPENUSDshort | +0.0190% | 1h | 0.1434 | +0.051% | $14K | $55K | 10x | |
| Bitget OPENUSDT | +0.0302% | 4h | 0.1435 | +0.126% | $2.2M | $144K | 20x | as long as short |
| Bybit OPENUSDT | +0.0505% | 4h | 0.1433 | −0.035% | $1.5M | $774K | 25x | as long as short |
BloFin OPEN-USDT
Aster OPENUSDT
Binance OPENUSDT
Gate OPEN_USDT
Extended OPEN-USD
Bitget OPENUSDT
Bybit OPENUSDT