Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.019%
Price spread now: Kraken Futures against KuCoin+0.011%52s7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1281.277% of the position
Funding, last 7 days+0.181%+$18 on $10k
+Price spread, last 4 days (all we have)+0.296%+$30 · spread now +0.011%, 7d avg +0.084%
=Funding pays, the price is against you. Kraken Futures is 0.073% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.011% now, against its 7-day average of +0.084%). If the spread goes back, that is −$7 on $10k: about 3.6 days of funding at the current rate (+$2 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ATOMUSDTM | 1.7860 | 0.0100 | pay 0.0100% / 8h | 3h 18m | $1.6M | $666K | 50x |
| Short | Kraken Futures PF_ATOMUSD | 1.7862 | 0.0167 | get 0.0021% / 1h | 18m 26s | $3.0M | $821K | 50x |
KuCoin ATOMUSDTM
Kraken Futures PF_ATOMUSDFunding 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
- $14.01
- Price spread: +0.011% → +0.084%
- −$7.3
- Slippage, 4 orders
- −$105.75
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$121.03
- Costs to cover
- 1.277%
- Break-even
- 67.5 days
Slippage from KuCoin: live order book, 2 min ago; Kraken Futures: 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 KuCoin live order book, 2 min ago | 8.39 bp | 45.4 bp −$45 | 128.8 bp −$1,288 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 13.97 bp | 23.5 bp −$23 | 74.5 bp −$745 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ATOM-PERP-INTX | −0.0256% | 1h | 1.8040 | +1.008% | $25K | $4K | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7807 | −0.297% | $62K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.7843 | −0.095% | $491 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.7866 | +0.031% | $793 | — | 150x | as long as short |
| Variational Omni ATOM | +0.0015% | 8h | 1.7842 | −0.101% | $566K | $78K | — | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7860 | 0.000% | $2.8M | $707K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7800 | −0.336% | $965K | $217K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7825 | −0.194% | $21.2M | $30.1M | 75x | as long as short |
| Bybit ATOMUSDT | +0.0100% | 8h | 1.7850 | −0.056% | $14.8M | $9.8M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | +0.0100% | 8h | 1.7840 | −0.112% | $5.0M | $5.6M | 50x | as long as short |
Coinbase International ATOM-PERP-INTX
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
Variational Omni ATOM
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Bybit ATOMUSDT
OKX ATOM-USDT-SWAPShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.7800 | −0.336% | $2.4M | $808K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7850 | −0.056% | $8.2M | $3.1M | 200x | as long as short |
| KuCoin ATOMUSDTMlong | +0.0100% | 8h | 1.7860 | long leg | $1.6M | $666K | 50x | |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7863 | +0.017% | $6.7M | $2.9M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7810 | −0.280% | — | $24.4M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7862 | +0.012% | $439K | $296K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7876 | +0.092% | $758K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7838 | −0.123% | $310K | $174K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.7840 | −0.112% | $1.5M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7813 | −0.266% | $7K | $201K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0113% | 8h | 1.7830 | −0.168% | $1.1M | $331K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0146% | 1h | 1.7870 | +0.056% | $652 | $290K | 12x | as long as short |
| Kraken Futures PF_ATOMUSDshort | +0.0167% | 1h | 1.7862 | +0.011% | $3.0M | $821K | 50x | |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.7835 | −0.138% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7849 | −0.064% | $2K | — | 25x | as long as short |
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
BloFin ATOM-USDT
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP