Funding you earn now, next payment 07:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.002%
Price spread now: Kraken Futures against KuCoin+0.044%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1051.047% of the position
Funding, last 7 days+0.343%+$34 on $10k
+Price spread, last 4 days (all we have)+0.141%+$14 · spread now +0.044%, 7d avg +0.066%
=Funding pays, the price is against you. Kraken Futures is 0.022% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.044% now, against its 7-day average of +0.066%). If the spread goes back, that is −$2 on $10k: about 38 hours of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.343% in total) that is about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TIAUSDTM | 0.4354 | 0.0100 | pay 0.0050% / 4h | 1h 46m | $4.2M | $9.7M | 50x |
| Short | Kraken Futures PF_TIAUSD | 0.4356 | 0.0146 | get 0.0018% / 1h | 46m 57s | $345K | $201K | 50x |
KuCoin TIAUSDTM
Kraken Futures PF_TIAUSDFunding 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
- $9.62
- Price spread: +0.044% → +0.066%
- −$2.19
- Slippage, 4 orders
- −$82.66
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$97.23
- Costs to cover
- 1.047%
- Break-even
- 77.7 days
Slippage from KuCoin: live order book, 1 min ago; Kraken Futures: live order book, 61 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 KuCoin live order book, 1 min ago | 2.30 bp | 25.3 bp −$25 | 87.5 bp −$875 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 61 min ago | 19.47 bp | 27.4 bp −$27 | 77.8 bp −$778 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4357 | +0.069% | $30K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4358 | +0.089% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0006% | 1h | 0.4353 | −0.023% | $50K | $227K | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0062% | 4h | 0.4349 | −0.115% | $2.7M | $6.5M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4361 | +0.161% | $150K | $424K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4356 | +0.046% | $7K | $255K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4362 | +0.184% | $4.7M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4354 | +0.005% | $32K | $247K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4353 | −0.029% | $13.6M | $47.5M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4352 | −0.046% | $9.8M | $14.0M | 50x | as long as short |
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
OKX TIA-USDT-SWAP
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TIA_USDT | +0.0100% | 4h | 0.4357 | +0.069% | $1.0M | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4353 | −0.023% | $13.0M | $14.2M | 300x | as long as short |
| KuCoin TIAUSDTMlong | +0.0100% | 4h | 0.4354 | long leg | $4.2M | $9.7M | 50x | |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4350 | −0.092% | $4.4M | $3.9M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4354 | 0.000% | — | $103.1M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4355 | +0.030% | $101K | $172K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4351 | −0.074% | $101K | $51K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4357 | +0.069% | $58K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4351 | −0.062% | $56K | $213K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4356 | +0.035% | $7K | — | 3x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0129% / S +0.0053% | 1h | 0.4357 | +0.060% | $6K | — | 100x | as long as short |
| Kraken Futures PF_TIAUSDshort | +0.0146% | 1h | 0.4356 | +0.044% | $345K | $201K | 50x | |
| Injective TIA/USDC PERP | +0.0176% | 1h | 0.4358 | +0.092% | $24K | $11K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4352 | −0.049% | $6K | — | 15x | as long as short |
| dYdX TIA-USD | +0.0270% | 1h | 0.4357 | +0.074% | $52K | $139 | 10x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4357 | +0.069% | $1.7M | $703K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0408% | 1h | 0.4395 | +0.942% | $47K | $87K | 50x | as long as short |
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
GMX TIA/USD [ETH-USDC]
Injective TIA/USDC PERP
Reya TIARUSDPERP
dYdX TIA-USD
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX