Funding you earn now, next payment 22:00 UTC+0.0043%/8h= +4.8% APRpaid last 24h −0.028%
Price spread now: KuCoin against Kraken Futures+0.280%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.280% dearer against Kraken Futures than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOONUSD | 0.1935 | 0.0057 | pay 0.0007% / 1h | 4m 36s | $11K | $1K | 10x |
| Short | KuCoin SOONUSDTM | 0.1941 | 0.0100 | get 0.0050% / 4h | 2h 04m | $1.8M | $3.0M | 50x |
Kraken Futures PF_SOONUSD
KuCoin SOONUSDTMFunding 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
- $9.13
- Price spread: +0.280% → 0.000%
- $28.04
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $15.18
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 3 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, 3 min ago | 3.35 bp | 361.4 bp −$361 | 732.4 bp −$7,324 | 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.
SOON 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOONUSDlong | +0.0057% | 1h | 0.1935 | long leg | $11K | $1K | 10x | |
| BingX SOON-USDT | +0.0070% | 4h | 0.1937 | +0.094% | — | $6.7M | — | as long as short |
| OKX SOON-USDT-SWAP | +0.0100% | 4h | 0.1941 | +0.301% | $1.9M | $420K | 20x | as long as short |
| Gate SOON_USDT | +0.0100% | 4h | 0.1936 | +0.043% | $3.1M | $91K | 50x | as long as short |
| KuCoin SOONUSDTMshort | +0.0100% | 4h | 0.1941 | +0.280% | $1.8M | $3.0M | 50x | |
| Binance SOONUSDT | +0.0261% | 4h | 0.1941 | +0.301% | $8.0M | $1.9M | 50x | as long as short |
| Extended SOON-USD | +0.0272% | 1h | 0.1942 | +0.340% | $7K | $207K | 5x | as long as short |
| Bitget SOONUSDT | +0.0430% | 4h | 0.1940 | +0.249% | $9.1M | $205K | 25x | as long as short |
| Aster SOONUSDT | +0.0733% | 4h | 0.1941 | +0.317% | $189K | $2K | 5x | as long as short |
| Variational Omni SOON | +0.3702% | 4h | 0.1927 | −0.427% | $221K | $4K | — | as long as short |
BingX SOON-USDT
OKX SOON-USDT-SWAP
Gate SOON_USDT
Binance SOONUSDT
Extended SOON-USD
Bitget SOONUSDT
Aster SOONUSDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.4382% | 4h | 0.1925 | −0.526% | $2.5M | $1.1M | 25x | as long as short |
Bybit SOONUSDT