Funding you earn now, next payment 03:00 UTC−0.0910%/8h= −99.7% APRpaid last 24h −0.930%
Price spread now: KuCoin against Kraken Futures+0.158%7-day average −0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs−$403as in the Funding arb table
Net, price: spread back to 7d avg − costs−$286as in the Price arb table
costs, in and out, $10k−$3163.156% of the position
Funding, last 7 days−0.875%−$88 on $10k
+Price spread, last 3 days (all we have)−0.409%−$41 · spread now +0.158%, 7d avg −0.134%
=The price spread pays, funding is against you. KuCoin is 0.292% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.158% now, against its 7-day average of −0.134%): +$29 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.875% in total) that is about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ACEUSD | 0.1731 | 0.1010 | pay 0.0126% / 1h | 52m 02s | $48K | $630K | 10x |
| Short | KuCoin ACEUSDTM | 0.1733 | 0.0100 | get 0.0050% / 4h | 1h 52m | $2.0M | $514K | 20x |
Funding 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
- −$191.11
- Price spread: +0.158% → −0.134%
- $29.24
- Slippage, 4 orders
- −$293.59
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$477.47
- Costs to cover
- 3.156%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 11 min ago; KuCoin: live order book, 4 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, 11 min ago | 8.65 bp | 39.2 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 6.05 bp | 83.3 bp −$83 | doesn't fit | doesn't fit | doesn't fit |
ACE 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ACE | +0.0100% | 1h | 0.1732 | +0.077% | $372K | $399K | 3x | as long as short |
| Aster ACEUSDT | +0.0100% | 4h | 0.1732 | +0.104% | $27K | $33K | 5x | as long as short |
| Binance ACEUSDT | +0.0100% | 4h | 0.1730 | −0.034% | $8.6M | $18.2M | 20x | as long as short |
| MEXC ACE_USDT | +0.0100% | 4h | 0.1730 | −0.027% | $14.0M | $780K | 20x | as long as short |
| KuCoin ACEUSDTMshort | +0.0100% | 4h | 0.1733 | +0.158% | $2.0M | $514K | 20x | |
| Bitget ACEUSDT | +0.0100% | 4h | 0.1732 | +0.077% | $1.6M | $2.1M | 10x | as long as short |
| Variational Omni ACE | +0.0100% | 4h | 0.1740 | +0.535% | $116K | $44K | — | as long as short |
| HTX ACE-USDT | +0.0100% | 4h | 0.1731 | +0.020% | $16K | $106K | 20x | as long as short |
| Bybit ACEUSDT | +0.0230% | 4h | 0.1731 | +0.048% | $2.4M | $2.6M | 25x | as long as short |
| BingX ACE-USDT | +0.0256% | 4h | 0.1731 | +0.048% | — | $1.4M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ACEUSDlong | +0.1010% | 1h | 0.1731 | long leg | $48K | $630K | 10x | |
| Gate ACE_USDT | +0.1038% | 4h | 0.1734 | +0.193% | $1.1M | $1.8M | 25x | as long as short |
Kraken Futures PF_ACEUSD
KuCoin ACEUSDTM
Hyperliquid ACE
Aster ACEUSDT
Binance ACEUSDT
MEXC ACE_USDT
Bitget ACEUSDT
Variational Omni ACE
HTX ACE-USDT
Bybit ACEUSDT
BingX ACE-USDT
Gate ACE_USDT