Funding you earn now, next payment 09:00 UTC−0.0191%/8h= −20.9% APRpaid last 24h +0.007%
Price spread now: KuCoin against Kraken Futures+0.023%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$270.265% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)−0.135%−$14 · spread now +0.023%, 7d avg +0.006%
=The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.030% in total (about 1.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XAUTUSD | 4,306.3 | 0.0291 | pay 0.0036% / 1h | 43m 19s | $5.8M | $5.4M | 50x |
| Short | KuCoin XAUTUSDTM | 4,307.3 | 0.0100 | get 0.0050% / 4h | 3h 43m | $12.0M | $3.3M | 75x |
Kraken Futures PF_XAUTUSD
KuCoin XAUTUSDTMFunding 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
- −$40.04
- Price spread: +0.023% → +0.006%
- $1.79
- Slippage, 4 orders
- −$4.54
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$64.79
- Costs to cover
- 0.265%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 6 min ago; KuCoin: live order book, 5 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, 6 min ago | 0.58 bp | 6.0 bp −$6 | 7.7 bp −$77 | 17.5 bp −$1,748 | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 0.31 bp | 8.5 bp −$8 | 15.2 bp −$152 | doesn't fit | doesn't fit |
XAUT on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps XAUTUSD | −0.0229% | 1h | 4,309.4 | +0.073% | $55K | $11K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0080% | 4h | 4,304.2 | −0.050% | $27.4M | $20.7M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,307 | +0.016% | $130.1M | $9.3M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +1.010% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,301.7 | −0.107% | $10.1M | $2.1M | 25x | as long as short |
| Variational Omni XAUT | +0.0085% | 4h | 4,311.7 | +0.126% | $32.8M | $3.4M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,305.2 | −0.027% | $4.1M | $965K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,304.3 | −0.046% | $35.8M | $47.7M | 75x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,305 | −0.030% | $118.5M | $31.8M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,305.1 | −0.028% | $383.1M | $284.0M | 1000x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Variational Omni XAUT
Nado XAUT-PERP
Binance XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTMshort | +0.0100% | 4h | 4,307.3 | +0.023% | $12.0M | $3.3M | 75x | |
| BingX XAUT-USDT | +0.0100% | 4h | 4,305.4 | −0.022% | — | $19.6M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,307.8 | +0.034% | $302 | $107K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,305.6 | −0.016% | $264 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,305.6 | −0.015% | $1.7M | $350K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,308.1 | +0.041% | $2K | $3.0M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,303.2 | −0.073% | $1.8M | $206K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,303.3 | −0.069% | $265K | $198K | 25x | as long as short |
| Kraken Futures PF_XAUTUSDlong | +0.0291% | 1h | 4,306.3 | long leg | $5.8M | $5.4M | 50x | |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,305.2 | −0.026% | $2.3M | $1.7M | 75x | as long as short |
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
BloFin XAUT-USDT