Funding you earn now, next payment 09:00 UTC−1.4395%/8h= −1576.3% APRpaid last 24h +0.080%
Price spread now: KuCoin against Kraken Futures+0.277%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. KuCoin is 0.277% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.277% now, against zero (this spread has no 7-day history yet)): +$28 on $10k if it goes back. Holding the pair costs −$432 a day in funding at the current rate, which eats that in about 2 hours. 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 | Kraken Futures PF_SYRUPUSD | 0.2191 | 1.4495 | pay 0.1812% / 1h | 32m 24s | $40K | $21K | 10x |
| Short | KuCoin SYRUPUSDTM | 0.2197 | 0.0100 | get 0.0050% / 4h | 3h 32m | $1.9M | $152K | 25x |
Kraken Futures PF_SYRUPUSD
KuCoin SYRUPUSDTMFunding 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
- −$3,023.04
- Price spread: +0.277% → 0.000%
- $27.71
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$3,017.32
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 4 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, 4 min ago | 34.88 bp | 422.7 bp −$423 | 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.
SYRUP on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SYRUP-USDT | +0.0057% | 4h | 0.2193 | +0.099% | $414K | $134K | 50x | as long as short |
| Lighter SYRUP | +0.0096% | 1h | 0.2197 | +0.300% | $200K | $220K | 5x | as long as short |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2194 | +0.168% | $14K | $73K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2191 | +0.035% | $8.9M | $7.2M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2194 | +0.140% | $2.1M | $2.4M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2192 | +0.067% | $1.0M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2194 | +0.154% | $403K | $60K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2193 | +0.113% | $2.9M | $415K | 100x | as long as short |
| KuCoin SYRUPUSDTMshort | +0.0100% | 4h | 0.2197 | +0.277% | $1.9M | $152K | 25x | |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2195 | +0.204% | $700K | $479K | 20x | as long as short |
BloFin SYRUP-USDT
Lighter SYRUP
Aster SYRUPUSDT
Binance SYRUPUSDT
Bybit SYRUPUSDT
OKX SYRUP-USDT-SWAP
Gate SYRUP_USDT
MEXC SYRUP_USDT
Bitget SYRUPUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2195 | +0.227% | — | $6.5M | — | as long as short |
| Variational Omni SYRUP | +0.0100% | 4h | 0.2198 | +0.340% | $157K | $24K | — | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2191 | +0.043% | — | — | 5x | as long as short |
| Hyperliquid SYRUP | +0.0237% | 1h | 0.2196 | +0.236% | $5.4M | $1.8M | 3x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0313% / S −0.1301% | 1h | 0.2192 | +0.064% | $2K | — | 50x | as long as short |
| Kraken Futures PF_SYRUPUSDlong | +1.4495% | 1h | 0.2191 | long leg | $40K | $21K | 10x |
BingX SYRUP-USDT
Variational Omni SYRUP
Reya SYRUPRUSDPERP
Hyperliquid SYRUP
GMX SYRUP/USD [ETH-USDC]