Funding you earn now, next payment 05:00 UTC−0.0230%/8h= −25.2% APRpaid last 24h +0.015%
Price spread now: KuCoin against Kraken Futures−0.162%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1251.247% of the position
Funding, last 7 days−0.339%−$34 on $10k
+Price spread, last 4 days (all we have)−0.135%−$13 · spread now −0.162%, 7d avg −0.068%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.094% cheaper against Kraken Futures than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.068%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TIAUSD | 0.4386 | 0.0330 | pay 0.0041% / 1h | 19m 44s | $359K | $193K | 50x |
| Short | KuCoin TIAUSDTM | 0.4379 | 0.0100 | get 0.0050% / 4h | 3h 19m | $4.2M | $9.3M | 50x |
Kraken Futures PF_TIAUSD
KuCoin TIAUSDTMFunding 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
- −$48.23
- Price spread: −0.162% → −0.068%
- −$9.4
- Slippage, 4 orders
- −$102.7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$182.32
- Costs to cover
- 1.247%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 33 min ago; KuCoin: live order book, 4 min ago.
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 live order book, 33 min ago | 24.71 bp | 31.8 bp −$32 | 62.1 bp −$621 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 1.14 bp | 29.9 bp −$30 | 85.4 bp −$854 | doesn't fit | doesn't fit |
TIA on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni TIAUSDT | −0.0035% | 1h | 0.4378 | −0.185% | $50K | $230K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4390 | +0.089% | $31K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4389 | +0.063% | $1K | — | 150x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4384 | −0.051% | $155K | $420K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4388 | +0.043% | $6K | $250K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4384 | −0.051% | $4.7M | $1.4M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4379 | −0.168% | $33K | $242K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4376 | −0.223% | $13.9M | $43.7M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4376 | −0.231% | $9.8M | $13.6M | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4373 | −0.299% | $2.8M | $6.3M | 50x | as long as short |
ApeX Omni TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
OKX TIA-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TIA_USDT | +0.0100% | 4h | 0.4383 | −0.071% | $995K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4376 | −0.231% | $11.2M | $6.5M | 300x | as long as short |
| KuCoin TIAUSDTMshort | +0.0100% | 4h | 0.4379 | −0.162% | $4.2M | $9.3M | 50x | |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4381 | −0.117% | $4.4M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4380 | −0.139% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4386 | +0.006% | $101K | $167K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4378 | −0.191% | $102K | $51K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4380 | −0.139% | $58K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4378 | −0.178% | $55K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4389 | +0.057% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4387 | +0.011% | $6K | — | 15x | as long as short |
| Injective TIA/USDC PERP | +0.0271% | 1h | 0.4374 | −0.276% | $25K | $11K | 12x | as long as short |
| Kraken Futures PF_TIAUSDlong | +0.0330% | 1h | 0.4386 | long leg | $359K | $193K | 50x | |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4383 | −0.071% | $1.7M | $729K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0400% | 1h | 0.4397 | +0.248% | $49K | $78K | 50x | as long as short |
| dYdX TIA-USD | +0.0476% | 1h | 0.4380 | −0.134% | $52K | $139 | 10x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0493% / S −0.1196% | 1h | 0.4389 | +0.066% | $40K | — | 100x | as long as short |
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
Injective TIA/USDC PERP
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
dYdX TIA-USD
GMX TIA/USD [ETH-USDC]