Funding you earn now, next payment 00:00 UTC−0.0143%/8h= −15.7% APRpaid last 24h +0.024%
Price spread now: KuCoin against Kraken Futures−0.023%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1141.140% of the position
Funding, last 7 days−0.142%−$14 on $10k
+Price spread, last 3 days (all we have)−0.223%−$22 · spread now −0.023%, 7d avg −0.081%
=The price spread pays, funding is against you. KuCoin is 0.058% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.023% now, against its 7-day average of −0.081%): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 7 days (−0.142% in total) that is about 2.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ATOMUSD | 1.8124 | 0.0243 | pay 0.0030% / 1h | 41m 44s | $3.1M | $679K | 50x |
| Short | KuCoin ATOMUSDTM | 1.8120 | 0.0100 | get 0.0100% / 8h | 41m 44s | $1.6M | $831K | 50x |
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
- −$30.07
- Price spread: −0.023% → −0.081%
- $5.78
- Slippage, 4 orders
- −$92.05
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$138.34
- Costs to cover
- 1.140%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 2 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, 2 min ago | 13.78 bp | 19.6 bp −$20 | 63.9 bp −$639 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 5.51 bp | 49.4 bp −$49 | 149.7 bp −$1,497 | doesn't fit | doesn't fit |
ATOM on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUAL | −0.0081% | 1h | 1.8118 | −0.034% | $498 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0068% | 8h | 1.8100 | −0.134% | $5.2M | $5.4M | 50x | as long as short |
| Variational Omni ATOM | −0.0009% | 8h | 1.8113 | −0.063% | $579K | $80K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8117 | −0.040% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8117 | −0.040% | $9K | — | 150x | as long as short |
| Bybit ATOMUSDT | +0.0006% | 8h | 1.8090 | −0.189% | $15.2M | $10.6M | 75x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0008% | 1h | 1.8150 | +0.142% | $25K | $12K | 25x | as long as short |
| BloFin ATOM-USDT | +0.0098% | 8h | 1.8120 | −0.023% | $1.1M | $338K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8114 | −0.056% | $2.8M | $855K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8126 | +0.012% | $986K | $235K | 20x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.8110 | −0.078% | $21.6M | $30.9M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8100 | −0.134% | $2.5M | $845K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8100 | −0.134% | $9.4M | $2.9M | 200x | as long as short |
| KuCoin ATOMUSDTMshort | +0.0100% | 8h | 1.8120 | −0.023% | $1.6M | $831K | 50x | |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8098 | −0.145% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8110 | −0.078% | — | $24.8M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8122 | −0.013% | $446K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8117 | −0.042% | $767K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8115 | −0.051% | $310K | $174K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8120 | −0.023% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8115 | −0.053% | $6K | $184K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8120 | −0.023% | $661 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0203% / S −0.2202% | 1h | 1.8117 | −0.041% | $4K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8106 | −0.101% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSDlong | +0.0243% | 1h | 1.8124 | long leg | $3.1M | $679K | 50x |
Kraken Futures PF_ATOMUSD
KuCoin ATOMUSDTM
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
gTrade (Gains Network) ATOM/USD
Bybit ATOMUSDT
Coinbase International ATOM-PERP-INTX
BloFin ATOM-USDT
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]