Funding you earn now, next payment 06:00 UTC+1.1787%/8h= +1290.6% APRpaid last 24h +4.099%
Price spread now: Kraken Futures against KuCoin+0.269%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 +$354 a day on $10k at the current rate, and Kraken Futures is 0.269% dearer against KuCoin than usual: you sell high and buy low: +$27 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 | KuCoin SWARMSUSDTM | 0.008334 | 0.1258 | pay 0.0629% / 4h | 2h 49m | $781K | $119K | 20x |
| Short | Kraken Futures PF_SWARMSUSD | 0.008356 | 1.3045 | get 0.1631% / 1h | 49m 04s | $9K | $149 | 10x |
Funding 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
- $2,475.18
- Price spread: +0.269% → 0.000%
- $26.9
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $2,480.08
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 25 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, 25 min ago | 16.30 bp | 623.6 bp −$624 | 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.
SWARMS on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SWARMS_USDT | +0.0100% | 4h | 0.008325 | −0.108% | $957K | $106K | 10x | as long as short |
| BingX SWARMS-USDT | +0.0818% | 4h | 0.008335 | +0.012% | — | $6.5M | — | as long as short |
| MEXC SWARMS_USDT | +0.0882% | 4h | 0.008338 | +0.048% | $157K | $96K | 100x | as long as short |
| BloFin SWARMS-USDT | +0.0901% | 4h | 0.008347 | +0.156% | $231K | $7K | 20x | as long as short |
| Extended SWARMS-USD | +0.0904% | 1h | 0.008339 | +0.058% | $9K | $213K | 5x | as long as short |
| Binance SWARMSUSDT | +0.0905% | 4h | 0.008341 | +0.084% | $3.6M | $3.4M | 20x | as long as short |
| KuCoin SWARMSUSDTMlong | +0.1258% | 4h | 0.008334 | long leg | $781K | $119K | 20x | |
| Aster SWARMSUSDT | +0.1382% | 4h | 0.008350 | +0.187% | $31K | $101K | 5x | as long as short |
| Kraken Futures PF_SWARMSUSDshort | +1.3045% | 1h | 0.008356 | +0.269% | $9K | $149 | 10x |
KuCoin SWARMSUSDTM
Kraken Futures PF_SWARMSUSD
Gate SWARMS_USDT
BingX SWARMS-USDT
MEXC SWARMS_USDT
BloFin SWARMS-USDT
Extended SWARMS-USD
Binance SWARMSUSDT
Aster SWARMSUSDT