Funding you earn now, next payment 11:00 UTC−1.1139%/8h= −1219.8% APRpaid last 24h −4.965%
Price spread now: KuCoin against Kraken Futures−0.612%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 −$334 a day on $10k at the current rate, and KuCoin is 0.612% cheaper against Kraken Futures than usual: you would sell low and buy high (−$61 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_SWARMSUSD | 0.008122 | 1.2105 | pay 0.1513% / 1h | 49m 10s | $9K | $66 | 10x |
| Short | KuCoin SWARMSUSDTM | 0.008072 | 0.0966 | get 0.0483% / 4h | 1h 49m | $755K | $117K | 20x |
Kraken Futures PF_SWARMSUSD
KuCoin SWARMSUSDTMFunding 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
- −$2,339.26
- Price spread: −0.612% → 0.000%
- −$61.21
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,422.47
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 57 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, 57 min ago | 25.14 bp | 710.5 bp −$711 | 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.
SWARMS on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SWARMSUSDT | +0.0100% | 4h | 0.008056 | −0.814% | $30K | $102K | 5x | as long as short |
| Gate SWARMS_USDT | +0.0100% | 4h | 0.008056 | −0.809% | $931K | $91K | 10x | as long as short |
| MEXC SWARMS_USDT | +0.0428% | 4h | 0.008072 | −0.612% | $151K | $96K | 100x | as long as short |
| BingX SWARMS-USDT | +0.0430% | 4h | 0.008071 | −0.624% | — | $6.5M | — | as long as short |
| Binance SWARMSUSDT | +0.0432% | 4h | 0.008071 | −0.619% | $3.4M | $3.1M | 20x | as long as short |
| Extended SWARMS-USD | +0.0432% | 1h | 0.008066 | −0.682% | $8K | $204K | 5x | as long as short |
| BloFin SWARMS-USDT | +0.0487% | 4h | 0.008067 | −0.674% | $219K | $8K | 20x | as long as short |
| KuCoin SWARMSUSDTMshort | +0.0966% | 4h | 0.008072 | −0.612% | $755K | $117K | 20x | |
| Kraken Futures PF_SWARMSUSDlong | +1.2105% | 1h | 0.008122 | long leg | $9K | $66 | 10x |
Aster SWARMSUSDT
Gate SWARMS_USDT
MEXC SWARMS_USDT
BingX SWARMS-USDT
Binance SWARMSUSDT
Extended SWARMS-USD
BloFin SWARMS-USDT