Funding you earn now, next payment 11:00 UTC+0.0066%/8h= +7.3% APRpaid last 24h −0.549%
Price spread now: KuCoin against Kraken Futures+0.099%7-day average −0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,757as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,694as in the Price arb table
costs, in and out, $10k−$2,71327.126% of the position
Funding, last 7 days−0.443%−$44 on $10k
+Price spread, last 4 days (all we have)−0.673%−$67 · spread now +0.099%, 7d avg −0.092%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.191% dearer against Kraken Futures than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.092%. Mind the row above: over the last 7 days funding on this pair cost −0.443%, 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 | Kraken Futures PF_PORTALUSD | 0.02011 | 0.0216 | pay 0.0027% / 1h | 47m 04s | $33K | $131K | 10x |
| Short | KuCoin PORTALUSDTM | 0.02013 | 0.0282 | get 0.0141% / 4h | 1h 47m | $338K | $82K | 10x |
Kraken Futures PF_PORTALUSD
KuCoin PORTALUSDTMFunding 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
- $13.96
- Price spread: +0.099% → −0.092%
- $19.1
- Slippage, 4 orders
- −$2,690.61
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,679.55
- Costs to cover
- 27.126%
- Break-even
- 1350.6 days
Slippage from Kraken Futures: live order book, 63 min ago; KuCoin: live order book, 57 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 Kraken Futures live order book, 63 min ago | 17.32 bp | 2434.5 bp −$2,434 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 57 min ago | 7.42 bp | 117.7 bp −$118 | doesn't fit | doesn't fit | doesn't fit |
PORTAL on 9 exchanges
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 PORTAL-USDT | +0.0051% | 4h | 0.02010 | −0.050% | $210K | $16K | 10x | as long as short |
| Aster PORTALUSDT | +0.0100% | 4h | 0.02011 | −0.024% | $9K | $26K | 5x | as long as short |
| Binance PORTALUSDT | +0.0100% | 4h | 0.02011 | 0.000% | $3.3M | $4.3M | 10x | as long as short |
| Bybit PORTALUSDT | +0.0100% | 4h | 0.02011 | +0.010% | $1.3M | $629K | 20x | as long as short |
| MEXC PORTAL_USDT | +0.0100% | 4h | 0.02009 | −0.099% | $1.1M | $356K | 50x | as long as short |
| BingX PORTAL-USDT | +0.0100% | 4h | 0.02011 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni PORTAL | +0.0100% | 4h | 0.02014 | +0.139% | $1K | $201 | — | as long as short |
| Kraken Futures PF_PORTALUSDlong | +0.0216% | 1h | 0.02011 | long leg | $33K | $131K | 10x | |
| KuCoin PORTALUSDTMshort | +0.0282% | 4h | 0.02013 | +0.099% | $338K | $82K | 10x |
BloFin PORTAL-USDT
Aster PORTALUSDT
Binance PORTALUSDT
Bybit PORTALUSDT
MEXC PORTAL_USDT
BingX PORTAL-USDT
Variational Omni PORTAL