Funding you earn now, next payment 03:00 UTC−0.3053%/8h= −334.3% APRpaid last 24h −0.132%
Price spread now: KuCoin against Kraken Futures−0.315%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 −$92 a day on $10k at the current rate, and KuCoin is 0.315% cheaper against Kraken Futures than usual: you would sell low and buy high (−$32 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_STEEMUSD | 0.05772 | 0.3153 | pay 0.0394% / 1h | 59m 14s | $8K | $5K | 10x |
| Short | KuCoin STEEMUSDTM | 0.05754 | 0.0100 | get 0.0050% / 4h | 1h 59m | $423K | $95K | 30x |
Kraken Futures PF_STEEMUSD
KuCoin STEEMUSDTMFunding 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
- −$641.17
- Price spread: −0.315% → 0.000%
- −$31.53
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$694.7
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 38 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, 38 min ago | 18.24 bp | 248.9 bp −$249 | 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.
STEEM 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX STEEM-USDT | +0.0070% | 4h | 0.05755 | −0.298% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05765 | −0.125% | $16K | $10K | 5x | as long as short |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05762 | −0.171% | $2.1M | $3.6M | 25x | as long as short |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05762 | −0.177% | $418K | $121K | 20x | as long as short |
| KuCoin STEEMUSDTMshort | +0.0100% | 4h | 0.05754 | −0.315% | $423K | $95K | 30x | |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05763 | −0.159% | $491K | $289K | 25x | as long as short |
| Variational Omni STEEM | +0.0100% | 4h | 0.05737 | −0.610% | $12K | $147 | — | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05757 | −0.263% | $36K | $41K | 20x | as long as short |
| Gate STEEM_USDT | +0.0348% | 4h | 0.05764 | −0.142% | $279K | $117K | 20x | as long as short |
| Bybit STEEMUSDT | +0.1835% | 4h | 0.05738 | −0.592% | $1.3M | $1.1M | 13x | as long as short |
BingX STEEM-USDT
Aster STEEMUSDT
Binance STEEMUSDT
MEXC STEEM_USDT
Bitget STEEMUSDT
Variational Omni STEEM
HTX STEEM-USDT
Gate STEEM_USDT
Bybit STEEMUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STEEMUSDlong | +0.3153% | 1h | 0.05772 | long leg | $8K | $5K | 10x |