Funding you earn now, next payment 07:00 UTC−0.0935%/8h= −102.4% APRpaid last 24h −0.131%
Price spread now: KuCoin against Kraken Futures−0.025%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$268as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$2022.021% of the position
Funding, last 7 days−0.657%−$66 on $10k
+Price spread, last 4 days (all we have)−0.233%−$23 · spread now −0.025%, 7d avg −0.096%
=The price spread pays, funding is against you. KuCoin is 0.070% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.025% now, against its 7-day average of −0.096%): +$7 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.657% in total) that is about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DYDXUSD | 0.1350 | 0.1035 | pay 0.0129% / 1h | 40m 33s | $308K | $349K | 20x |
| Short | KuCoin DYDXUSDTM | 0.1350 | 0.0100 | get 0.0100% / 8h | 1h 40m | $2.3M | $3.6M | 50x |
Kraken Futures PF_DYDXUSD
KuCoin DYDXUSDTMFunding 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
- −$196.31
- Price spread: −0.025% → −0.096%
- $7.05
- Slippage, 4 orders
- −$180.08
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$391.35
- Costs to cover
- 2.021%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; KuCoin: live order book, 7 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 | 12.21 bp | 77.2 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 3.70 bp | 35.3 bp −$35 | 156.4 bp −$1,564 | doesn't fit | doesn't fit |
DYDX on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0045% | 1h | 0.1348 | −0.173% | $6K | $48K | 12x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1349 | −0.070% | $60K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1351 | +0.086% | $2.1M | $713K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1349 | −0.113% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1349 | −0.126% | $5.2M | $8.5M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1346 | −0.292% | $4.5M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1349 | −0.129% | $2.1M | $3.1M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1348 | −0.144% | $379K | $431K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1348 | −0.173% | $2.9M | $788K | 125x | as long as short |
| KuCoin DYDXUSDTMshort | +0.0100% | 8h | 0.1350 | −0.025% | $2.3M | $3.6M | 50x |
Injective DYDX/USDC PERP
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1349 | −0.099% | $1.4M | $1.0M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1348 | −0.173% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1349 | −0.130% | $4K | $118K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1350 | −0.025% | $49K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0113% | 8h | 0.1348 | −0.173% | $293K | $15K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1349 | −0.100% | $915 | — | 100x | as long as short |
| Arcus DYDX-USD | +0.0239% | 1h | 0.1350 | −0.025% | $52K | $20K | 5x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0491% | 1h | 0.1350 | −0.025% | — | — | 25x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0992% | 1h | 0.1360 | +0.715% | $17K | $31K | 50x | as long as short |
| Kraken Futures PF_DYDXUSDlong | +0.1035% | 1h | 0.1350 | long leg | $308K | $349K | 20x | |
| dYdX DYDX-USD | +0.5192% | 1h | 0.1348 | −0.184% | $77K | $2K | 5x | as long as short |
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Arcus DYDX-USD
Deribit DYDX_USDC-PERPETUAL
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD