Funding you earn now, next payment 12:00 UTC−0.1495%/8h= −163.7% APRpaid last 24h −0.750%
Price spread now: Kraken Futures against KuCoin−0.039%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 −$45 a day on $10k at the current rate, and Kraken Futures is 0.039% cheaper against KuCoin than usual: you would sell low and buy high (−$4 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 | KuCoin TUSDTM | 0.005167 | 0.0046 | pay 0.0023% / 4h | 47m 48s | $1.3M | $102K | 12x |
| Short | Kraken Futures PF_TUSD | 0.005165 | −0.1449 | pay 0.0181% / 1h | 47m 48s | $4K | $2K | 10x |
KuCoin TUSDTM
Kraken Futures PF_TUSDFunding 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
- −$313.93
- Price spread: −0.039% → 0.000%
- −$3.93
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$339.86
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 5 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, 5 min ago | 8.68 bp | 118.7 bp −$119 | 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.
T on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TUSDshort | −0.1449% | 1h | 0.005165 | −0.039% | $4K | $2K | 10x | |
| Gate T_USDT | −0.1230% | 4h | 0.005165 | −0.039% | $199K | $81K | 20x | as long as short |
| Variational Omni T | −0.0369% | 4h | 0.005172 | +0.090% | $7K | $5K | — | as long as short |
| Bybit TUSDT | −0.0320% | 4h | 0.005167 | 0.000% | $1.5M | $1.5M | 25x | as long as short |
| Binance TUSDT | −0.0309% | 4h | 0.005164 | −0.058% | $3.1M | $7.2M | 50x | as long as short |
| MEXC T_USDT | −0.0294% | 4h | 0.005164 | −0.058% | $3.0M | $219K | 20x | as long as short |
| Bitget TUSDT | −0.0164% | 4h | 0.005158 | −0.174% | $842K | $625K | 50x | as long as short |
| KuCoin TUSDTMlong | +0.0046% | 4h | 0.005167 | long leg | $1.3M | $102K | 12x |
Gate T_USDT
Variational Omni T
Bybit TUSDT
Binance TUSDT
MEXC T_USDT
Bitget TUSDT