Funding you earn now, next payment 06:00 UTC+0.0354%/8h= +38.8% APRpaid last 24h +0.014%
Price spread now: KuCoin against Kraken Futures+0.132%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 +$11 a day on $10k at the current rate, and KuCoin is 0.132% dearer against Kraken Futures than usual: you sell high and buy low: +$13 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_TNSRUSD | 0.03750 | −0.0254 | get 0.0032% / 1h | 6m 34s | $18K | $18K | 10x |
| Short | KuCoin TNSRUSDTM | 0.03755 | 0.0100 | get 0.0050% / 4h | 2h 06m | $1.1M | $2.2M | 30x |
Kraken Futures PF_TNSRUSD
KuCoin TNSRUSDTMFunding 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
- $74.41
- Price spread: +0.132% → 0.000%
- $13.19
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $65.6
- Costs to cover
- 0.220%
- Break-even
- 0.8 days
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 5 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, 5 min ago | 2.66 bp | 192.6 bp −$193 | 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.
TNSR on 11 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_TNSRUSDlong | −0.0254% | 1h | 0.03750 | long leg | $18K | $18K | 10x | |
| Hyperliquid TNSR | +0.0100% | 1h | 0.03755 | +0.132% | $67K | $59K | 3x | as long as short |
| Aster TNSRUSDT | +0.0100% | 4h | 0.03744 | −0.151% | $19K | $33K | 5x | as long as short |
| Binance TNSRUSDT | +0.0100% | 4h | 0.03754 | +0.106% | $2.3M | $3.9M | 25x | as long as short |
| Bybit TNSRUSDT | +0.0100% | 4h | 0.03752 | +0.052% | $1.1M | $555K | 25x | as long as short |
| Gate TNSR_USDT | +0.0100% | 4h | 0.03750 | −0.001% | $146K | $117K | 20x | as long as short |
| MEXC TNSR_USDT | +0.0100% | 4h | 0.03753 | +0.079% | $344K | $200K | 50x | as long as short |
| KuCoin TNSRUSDTMshort | +0.0100% | 4h | 0.03755 | +0.132% | $1.1M | $2.2M | 30x | |
| Bitget TNSRUSDT | +0.0100% | 4h | 0.03751 | +0.025% | $1.7M | $418K | 25x | as long as short |
| BingX TNSR-USDT | +0.0100% | 4h | 0.03751 | +0.025% | — | $6.5M | — | as long as short |
Hyperliquid TNSR
Aster TNSRUSDT
Binance TNSRUSDT
Bybit TNSRUSDT
Gate TNSR_USDT
MEXC TNSR_USDT
Bitget TNSRUSDT
BingX TNSR-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TNSR | +0.0100% | 4h | 0.03747 | −0.086% | $4K | $5K | — | as long as short |
Variational Omni TNSR