Funding you earn now, next payment 00:00 UTC−0.0411%/8h= −45.0% APRpaid last 24h −0.048%
Price spread now: Kraken Futures against KuCoin+0.020%7-day average +0.228% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,570as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,696as in the Price arb table
costs, in and out, $10k−$1,67516.749% of the position
Funding, last 7 days+1.045%+$105 on $10k
+Price spread, last 3 days (all we have)+0.236%+$24 · spread now +0.020%, 7d avg +0.228%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Kraken Futures is 0.208% cheaper against KuCoin than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.228%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.045%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin VETUSDTM | 0.009270 | 0.0100 | pay 0.0100% / 8h | 45m 34s | $5.4M | $3.9M | 50x |
| Short | Kraken Futures PF_VETUSD | 0.009272 | −0.0311 | pay 0.0039% / 1h | 45m 34s | $130K | $111K | 10x |
KuCoin VETUSDTM
Kraken Futures PF_VETUSDFunding 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
- −$86.38
- Price spread: +0.020% → +0.228%
- −$20.81
- Slippage, 4 orders
- −$1,652.85
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$1,782.05
- Costs to cover
- 16.749%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Kraken Futures: live order book, 32 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, 2 min ago | 2.70 bp | 33.9 bp −$34 | 134.3 bp −$1,343 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 32 min ago | 8.09 bp | 1488.8 bp −$1,489 | doesn't fit | doesn't fit | doesn't fit |
VET on 12 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_VETUSDshort | −0.0311% | 1h | 0.009272 | +0.020% | $130K | $111K | 10x | |
| Injective VET/USDC PERP | −0.0215% | 1h | 0.009180 | −0.971% | $7 | $152K | 12x | as long as short |
| gTrade (Gains Network) VET/USD | L −0.0001% / S +0.0006% | 1h | 0.009264 | −0.061% | $4K | — | 150x | as long as short |
| Binance VETUSDT | +0.0100% | 8h | 0.009259 | −0.122% | $6.5M | $15.1M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.009252 | −0.194% | $6.1M | $3.9M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.009259 | −0.119% | $512K | $216K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.009258 | −0.129% | $8.3M | $1.3M | 125x | as long as short |
| KuCoin VETUSDTMlong | +0.0100% | 8h | 0.009270 | long leg | $5.4M | $3.9M | 50x | |
| Bitget VETUSDT | +0.0100% | 8h | 0.009260 | −0.108% | $5.1M | $1.9M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.009257 | −0.140% | — | $2.5M | — | as long as short |
Injective VET/USDC PERP
gTrade (Gains Network) VET/USD
Binance VETUSDT
Bybit VETUSDT
Gate VET_USDT
MEXC VET_USDT
Bitget VETUSDT
BingX VET-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni VET | +0.0100% | 8h | 0.009269 | −0.007% | $28K | $410 | — | as long as short |
| BloFin VET-USDT | +0.0220% | 8h | 0.009238 | −0.345% | $400K | $524K | 75x | as long as short |
Variational Omni VET
BloFin VET-USDT