Funding you earn now, next payment 08:00 UTC−4.1225%/8h= −4514.2% APRpaid last 24h −0.708%
Price spread now: KuCoin against Kraken Futures−0.496%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 −$1,237 a day on $10k at the current rate, and KuCoin is 0.496% cheaper against Kraken Futures than usual: you would sell low and buy high (−$50 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 | Kraken Futures PF_VELOUSD | 0.004727 | 4.1325 | pay 0.5166% / 1h | 13m 15s | $2K | $3K | 10x |
| Short | KuCoin VELOUSDTM | 0.004704 | 0.0100 | get 0.0050% / 4h | 13m 15s | $535K | $39K | 8x |
Kraken Futures PF_VELOUSD
KuCoin VELOUSDTMFunding 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
- −$8,657.31
- Price spread: −0.496% → 0.000%
- −$49.59
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$8,728.89
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 21 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, 21 min ago | 84.97 bp | doesn't fit | 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.
VELO on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster VELOUSDT | +0.0100% | 1h | 0.004669 | −1.236% | $5K | $972 | 3x | as long as short |
| Bybit VELOUSDT | +0.0100% | 8h | 0.004709 | −0.390% | $556K | $650K | 5x | as long as short |
| Gate VELO_USDT | +0.0100% | 8h | 0.004699 | −0.602% | $141K | $62K | 20x | as long as short |
| MEXC VELO_USDT | +0.0100% | 8h | 0.004711 | −0.348% | $1.3M | $423K | 100x | as long as short |
| KuCoin VELOUSDTMshort | +0.0100% | 4h | 0.004704 | −0.496% | $535K | $39K | 8x | |
| Variational Omni VELO | +0.0100% | 8h | 0.004689 | −0.807% | $8K | $61 | — | as long as short |
| Kraken Futures PF_VELOUSDlong | +4.1325% | 1h | 0.004727 | long leg | $2K | $3K | 10x |
Aster VELOUSDT
Bybit VELOUSDT
Gate VELO_USDT
MEXC VELO_USDT
Variational Omni VELO