Funding you earn now, next payment 03:00 UTC+0.0666%/8h= +72.9% APRpaid last 24h +0.044%
Price spread now: Kraken Futures against KuCoin−0.253%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
Funding pays, the price is against you. Kraken Futures is 0.253% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.253% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$25 on $10k: about 30 hours of funding at the current rate (+$20 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SOONUSDTM | 0.1955 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $1.8M | $3.3M | 50x |
| Short | Kraken Futures PF_SOONUSD | 0.1950 | 0.0766 | get 0.0096% / 1h | 8m 44s | $11K | $2K | 10x |
KuCoin SOONUSDTM
Kraken Futures PF_SOONUSDFunding 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
- $139.79
- Price spread: −0.253% → 0.000%
- −$25.32
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $92.47
- Costs to cover
- 0.220%
- Break-even
- 2.4 days
Slippage unknown: KuCoin: live order book, 9 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, 9 min ago | 4.09 bp | 489.7 bp −$490 | 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTMlong | +0.0100% | 4h | 0.1955 | long leg | $1.8M | $3.3M | 50x | |
| OKX SOON-USDT-SWAP | +0.0577% | 4h | 0.1951 | −0.199% | $2.0M | $458K | 20x | as long as short |
| Binance SOONUSDT | +0.0661% | 4h | 0.1952 | −0.148% | $8.0M | $1.9M | 50x | as long as short |
| Extended SOON-USD | +0.0672% | 1h | 0.1953 | −0.122% | $6K | $193K | 5x | as long as short |
| Kraken Futures PF_SOONUSDshort | +0.0766% | 1h | 0.1950 | −0.253% | $11K | $2K | 10x | |
| Gate SOON_USDT | +0.0816% | 4h | 0.1951 | −0.199% | $3.2M | $119K | 50x | as long as short |
| Aster SOONUSDT | +0.0986% | 4h | 0.1954 | −0.036% | $190K | $3K | 5x | as long as short |
| Bitget SOONUSDT | +0.1030% | 4h | 0.1953 | −0.097% | $9.1M | $256K | 25x | as long as short |
| Variational Omni SOON | +0.1966% | 4h | 0.1940 | −0.782% | $238K | $20K | — | as long as short |
| BingX SOON-USDT | +0.2174% | 4h | 0.1952 | −0.148% | — | $6.7M | — | as long as short |
OKX SOON-USDT-SWAP
Binance SOONUSDT
Extended SOON-USD
Gate SOON_USDT
Aster SOONUSDT
Bitget SOONUSDT
Variational Omni SOON
BingX SOON-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.2337% | 4h | 0.1940 | −0.762% | $2.5M | $1.2M | 25x | as long as short |
Bybit SOONUSDT