Funding you earn now, next payment 09:00 UTC−0.0508%/8h= −55.6% APRpaid last 24h +0.036%
Price spread now: Kraken Futures against KuCoin+0.316%52s7-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
The price spread pays, funding is against you. Kraken Futures is 0.316% dearer against KuCoin than usual: you sell high and buy low (spread +0.316% now, against zero (this spread has no 7-day history yet)): +$32 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 2.1 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SSVUSDTM | 3.3080 | 0.0100 | pay 0.0100% / 8h | 7h 26m | $247K | $50K | 30x |
| Short | Kraken Futures PF_SSVUSD | 3.3184 | −0.0408 | pay 0.0051% / 1h | 26m 29s | $11K | $17K | 10x |
KuCoin SSVUSDTM
Kraken Futures PF_SSVUSDFunding 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
- −$106.72
- Price spread: +0.316% → 0.000%
- $31.58
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$97.14
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 65 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, 65 min ago | 7.54 bp | 262.8 bp −$263 | 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.
SSV 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_SSVUSDshort | −0.0408% | 1h | 3.3184 | +0.316% | $11K | $17K | 10x | |
| Variational Omni SSV | +0.0080% | 8h | 3.2985 | −0.289% | $824 | $1 | — | as long as short |
| Binance SSVUSDT | +0.0100% | 8h | 3.3050 | −0.091% | $2.3M | $3.0M | 50x | as long as short |
| Bybit SSVUSDT | +0.0100% | 8h | 3.3110 | +0.091% | $569K | $372K | 50x | as long as short |
| OKX SSV-USDT-SWAP | +0.0100% | 8h | 3.3070 | −0.030% | $532K | $890K | 20x | as long as short |
| Gate SSV_USDT | +0.0100% | 8h | 3.3120 | +0.121% | $141K | $86K | 25x | as long as short |
| MEXC SSV_USDT | +0.0100% | 8h | 3.3090 | +0.030% | $197K | $143K | 50x | as long as short |
| KuCoin SSVUSDTMlong | +0.0100% | 8h | 3.3080 | long leg | $247K | $50K | 30x | |
| Bitget SSVUSDT | +0.0100% | 8h | 3.3060 | −0.060% | $505K | $378K | 50x | as long as short |
| BingX SSV-USDT | +0.0100% | 8h | 3.3100 | +0.060% | — | $2.3M | — | as long as short |
Variational Omni SSV
Binance SSVUSDT
Bybit SSVUSDT
OKX SSV-USDT-SWAP
Gate SSV_USDT
MEXC SSV_USDT
Bitget SSVUSDT
BingX SSV-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SSV-USDT | +0.0106% | 8h | 3.3170 | +0.272% | $119K | $88K | 75x | as long as short |
BloFin SSV-USDT