Settings8H · net · $10k
Funding arb · Price arb /

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+2.4420%/8h= +2674.0% APRpaid last 24h +3.244%
Price spread now: Kraken Futures against KuCoin−0.375%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Kraken Futures is 0.375% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.375% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$38 on $10k: about 1 hour of funding at the current rate (+$733 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DEEPUSDTM0.019780.0100pay 0.0050% / 4h2h 16m$1.8M$92K20x
ShortKraken Futures PF_DEEPUSD0.019712.4520get 0.3065% / 1h16m 08s$7K$7K10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$5,128.24
Price spread: −0.375% → 0.000%
−$37.54
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$5,068.7
Costs to cover
0.220%
Break-even
0.1 days
Slippage unknown: KuCoin: live order book, 5 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 5 min ago12.62 bp327.2 bp −$327doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

DEEP on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DEEPUSDT+0.0100%4h0.01973−0.253%$2.1M$6.2M50xas long as short
Bybit DEEPUSDT+0.0100%8h0.01968−0.506%$4.2M$2.8M50xas long as short
Gate DEEP_USDT+0.0100%4h0.01966−0.607%$303K$97K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01974−0.202%$1.1M$536K100xas long as short
KuCoin DEEPUSDTMlong+0.0100%4h0.01978long leg$1.8M$92K20x
Bitget DEEPUSDT+0.0100%4h0.01973−0.253%$820K$600K50xas long as short
BingX DEEP-USDT+0.0100%4h0.01969−0.455%$6.6Mas long as short
Variational Omni DEEP+0.0100%8h0.01969−0.448%$13K$9Kas long as short
Extended DEEP-USD+0.0104%1h0.01971−0.333%$3K$204K5xas long as short
Bluefin DEEP-PERP+0.0195%1h0.01971−0.354%$80K$13K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_DEEPUSDshort+2.4520%1h0.01971−0.375%$7K$7K10x