Funding you earn now, next payment 12:00 UTC−0.9853%/8h= −1078.9% APRpaid last 24h −3.972%
Price spread now: KuCoin against Kraken Futures−0.867%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$296 a day on $10k at the current rate, and KuCoin is 0.867% cheaper against Kraken Futures than usual: you would sell low and buy high (−$87 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_RAREUSD | 0.01322 | 0.9953 | pay 0.1244% / 1h | 45m 38s | $3K | $2K | 10x |
| Short | KuCoin RAREUSDTM | 0.01311 | 0.0100 | get 0.0050% / 4h | 45m 38s | $207K | $60K | 30x |
Kraken Futures PF_RAREUSD
KuCoin RAREUSDTMFunding 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
- −$2,069.05
- Price spread: −0.867% → 0.000%
- −$86.68
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,177.74
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 47 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, 47 min ago | 15.27 bp | 102.2 bp −$102 | 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.
RARE on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX RARE-USDT | +0.0070% | 4h | 0.01311 | −0.867% | — | $1.3M | — | as long as short |
| Aster RAREUSDT | +0.0100% | 4h | 0.01309 | −0.983% | $7K | $3K | 5x | as long as short |
| Binance RAREUSDT | +0.0100% | 4h | 0.01311 | −0.867% | $1.6M | $1.1M | 25x | as long as short |
| Bybit RAREUSDT | +0.0100% | 4h | 0.01312 | −0.814% | $311K | $82K | 25x | as long as short |
| Gate RARE_USDT | +0.0100% | 4h | 0.01310 | −0.942% | $49K | $20K | 20x | as long as short |
| MEXC RARE_USDT | +0.0100% | 4h | 0.01310 | −0.942% | $635K | $182K | 100x | as long as short |
| KuCoin RAREUSDTMshort | +0.0100% | 4h | 0.01311 | −0.867% | $207K | $60K | 30x | |
| Bitget RAREUSDT | +0.0100% | 4h | 0.01309 | −1.018% | $226K | $67K | 20x | as long as short |
| Variational Omni RARE | +0.0100% | 4h | 0.01311 | −0.897% | $1K | $918 | — | as long as short |
| BloFin RARE-USDT | +0.0154% | 4h | 0.01310 | −0.942% | $104K | $12K | 25x | as long as short |
BingX RARE-USDT
Aster RAREUSDT
Binance RAREUSDT
Bybit RAREUSDT
Gate RARE_USDT
MEXC RARE_USDT
Bitget RAREUSDT
Variational Omni RARE
BloFin RARE-USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RAREUSDlong | +0.9953% | 1h | 0.01322 | long leg | $3K | $2K | 10x |