Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG135.50+0.0454pay 0.0454% / 8h1h 57m$2.3M$1.5M20xLong KuCoin
SHORT135.68+0.0202get 0.0025% / 1h57m 19s$538K$3.0M20xShort Kraken Futures
Price gap+0.133%
Funding gap−0.0252% /8h

The gap pays +$24 on $10k if it goes back to its 7d average, but funding costs $8 a day and eats that in about 3.2 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$43−0.0252% /8h now · paid +0.430% over the last 7D
Price+$24spread +0.133% now, avg −0.107% → +0.241% if it goes back
Costs−$2382.383% of $10k · taker + slippage, in and out
Result−$171−1.71%no points

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.133%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

COIN on 34 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size143.9 / 10.2 bp
    At $10k entering KuCoin costs 143.9 bp, fee and slippage, 14.1× Kraken Futures’s.
  • Note: Margin at max leverage$500 + $500
    KuCoin 20x, Kraken Futures 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$7.56Long KuCoin: 3 payments, −$13.62; short Kraken Futures: 24 payments, +$6.06.
  • OK: Entry gap works for you+0.133% vs −0.107%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$538K vs $2.3M OI
    Kraken Futures sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCKuCoin Yes · Kraken Futures Yes
    Standard KYC (ID and face check) for any product since Aug 2023.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0205%/8h × 21 periods+$42.97
Price spread+0.133% → −0.107% (7d avg)+$24.06
Slippage, 4 orderslive order books−$216.29
Fee KuCoin bp × 2 orders−$12.00
Fee Kraken Futures bp × 2 orders−$10.00
Net · 7 days · $10k−$171.25
Costs to cover2.383%Break-even34.9 days
Slippage: KuCoin: live order book, 7 min ago; Kraken Futures: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGKuCoin2.95143.9 bp−$144doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTKraken Futures1.8410.2 bp−$1025.7 bp−$257doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

COIN news

posts that mention COIN or Coinbase Global, from every exchange
11-04 19:06Ondo PerpsOtherEligible perps markets for the Liquidity Pool: ▸ Stocks: NVDA, TSLA, META, AMD, INTC, MU, SNDK, COIN, MSTR, CRCL, SPCX ▸ Indices: US 500, US 100 ▸ ETFs: DRAM, SOXL ▸ Commodities: Gold, Silver, WTI ▸ Crypto: BTC, ETH Rewards are paid in USDC directly to your trading account within 48 hours of each week’s close. Trade Now → @OndoPerps on X ↗
10-29 20:33Variational OmniOther$COIN Earnings Call @variational_io on X ↗
10-29 14:50PhoenixOtherFive Phoenix-listed equities report after the close today. $SNDK 4:30pm ET. $AMZN, $INTC, $MSTR and $COIN 5:00pm ET. Trade them 24/7 on Phoenix. @PhoenixTrade on X ↗
10-29 10:00MEXCOtherThree earnings. Which one gets the green candle? 👀 ☁️ $AMZN: AWS growth vs. spending 💾 $SNDK: NAND pricing power 🪙 $COIN: Trading revenue recovery All report after the U.S. close today. Your pick? 👇 #MEXC @MEXC on X ↗
10-27 15:08tradeXYZOtherEarnings this week on TradeXYZ: Tue 10/27: Robinhood (HOOD), SK hynix (SKHX, SKHY) Wed 10/28: Microsoft (MSFT), Alphabet (GOOGL), ServiceNow (NOW), GE Vernova (GEV), United Microelectronic Corp (UMC), eBay (EBAY) Thu 10/29: Eli Lilly (LLY), Samsung (SAMSUNG), Amazon (AMZN), Intel (INTC), Sandisk (SNDK), Coinbase (COIN), Strategy (MSTR), Reddit (RDDT), Rivian (RIVN) Fri 10/30: Chevron (CVX), Kioxia (KIOXIA) @tradexyz on X ↗
10-27 13:21Ondo PerpsOtherEligible perps markets for the Liquidity Pool: ▸ Stocks: NVDA, TSLA, META, AMD, INTC, MU, SNDK, COIN, MSTR, CRCL, SPCX ▸ Indices: US 500, US 100 ▸ ETFs: DRAM, SOXL ▸ Commodities: Gold, Silver, WTI ▸ Crypto: BTC, ETH Rewards are paid in USDC directly to your trading account within 48 hours of each week’s close. Trade Now → @OndoPerps on X ↗