Funding you earn now, next payment 00:00 UTC−0.0257%/8h= −28.2% APRpaid last 24h +0.869%
Price spread now: KuCoin against Kraken Futures−0.152%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 −$8 a day on $10k at the current rate, and KuCoin is 0.152% cheaper against Kraken Futures than usual: you would sell low and buy high (−$15 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_SKLUSD | 0.004581 | 0.0357 | pay 0.0045% / 1h | 17m 53s | $5K | $6K | 10x |
| Short | KuCoin SKLUSDTM | 0.004574 | 0.0100 | get 0.0050% / 4h | 17m 53s | $834K | $371K | 30x |
Kraken Futures PF_SKLUSD
KuCoin SKLUSDTMFunding 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
- −$54.03
- Price spread: −0.152% → 0.000%
- −$15.2
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$91.23
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 46 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, 46 min ago | 4.39 bp | 121.4 bp −$121 | 630.7 bp −$6,307 | 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.
SKL 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SKLUSDT | −0.0112% | 8h | 0.004575 | −0.130% | $879K | $1.1M | 25x | as long as short |
| Variational Omni SKL | +0.0022% | 8h | 0.004584 | +0.064% | $703 | $1K | — | as long as short |
| Bitget SKLUSDT | +0.0052% | 4h | 0.004573 | −0.174% | $502K | $1.1M | 25x | as long as short |
| Binance SKLUSDT | +0.0100% | 4h | 0.004569 | −0.252% | $2.8M | $9.7M | 50x | as long as short |
| Gate SKL_USDT | +0.0100% | 4h | 0.004570 | −0.239% | $208K | $245K | 50x | as long as short |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004570 | −0.239% | $384K | $211K | 20x | as long as short |
| KuCoin SKLUSDTMshort | +0.0100% | 4h | 0.004574 | −0.152% | $834K | $371K | 30x | |
| BingX SKL-USDT | +0.0100% | 4h | 0.004576 | −0.108% | — | $2.3M | — | as long as short |
| BloFin SKL-USDT | +0.0122% | 4h | 0.004573 | −0.174% | $183K | $44K | 50x | as long as short |
| Kraken Futures PF_SKLUSDlong | +0.0357% | 1h | 0.004581 | long leg | $5K | $6K | 10x |
Bybit SKLUSDT
Variational Omni SKL
Bitget SKLUSDT
Binance SKLUSDT
Gate SKL_USDT
MEXC SKL_USDT
BingX SKL-USDT
BloFin SKL-USDT