Funding you earn now, next payment 10:00 UTC+0.1560%/8h= +170.8% APRpaid last 24h +0.857%
Price spread now: KuCoin against Kraken Futures+0.048%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 +$47 a day on $10k at the current rate, and KuCoin is 0.048% dearer against Kraken Futures than usual: you sell high and buy low: +$5 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 | Kraken Futures PF_TUSD | 0.005286 | −0.1762 | get 0.0220% / 1h | 58m 42s | $4K | $2K | 10x |
| Short | KuCoin TUSDTM | 0.005289 | −0.0202 | pay 0.0101% / 4h | 2h 58m | $1.4M | $96K | 12x |
Kraken Futures PF_TUSD
KuCoin TUSDTMFunding 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
- $327.65
- Price spread: +0.048% → 0.000%
- $4.84
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $310.48
- Costs to cover
- 0.220%
- Break-even
- 0.4 days
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 7 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, 7 min ago | 11.32 bp | 111.6 bp −$112 | 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.
T on 8 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_TUSDlong | −0.1762% | 1h | 0.005286 | long leg | $4K | $2K | 10x | |
| Gate T_USDT | −0.0878% | 4h | 0.005282 | −0.084% | $208K | $81K | 20x | as long as short |
| Bitget TUSDT | −0.0642% | 4h | 0.005275 | −0.216% | $886K | $613K | 50x | as long as short |
| Variational Omni T | −0.0551% | 4h | 0.005287 | +0.001% | $7K | $6K | — | as long as short |
| MEXC T_USDT | −0.0522% | 4h | 0.005276 | −0.198% | $3.1M | $222K | 20x | as long as short |
| Binance TUSDT | −0.0519% | 4h | 0.005277 | −0.179% | $3.2M | $7.5M | 50x | as long as short |
| Bybit TUSDT | −0.0323% | 4h | 0.005279 | −0.141% | $1.6M | $1.5M | 25x | as long as short |
| KuCoin TUSDTMshort | −0.0202% | 4h | 0.005289 | +0.048% | $1.4M | $96K | 12x |
Gate T_USDT
Bitget TUSDT
Variational Omni T
MEXC T_USDT
Binance TUSDT
Bybit TUSDT