Funding you earn now, next payment 08:00 UTC−0.0577%/8h= −63.2% APRpaid last 24h −0.705%
Price spread now: KuCoin against Kraken Futures−0.063%52s7-day average −0.213% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,672as 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−$2,62626.255% of the position
Funding, last 7 days−0.465%−$46 on $10k
+Price spread, last 4 days (all we have)−0.178%−$18 · spread now −0.063%, 7d avg −0.213%
=The price spread pays, funding is against you. KuCoin is 0.150% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.063% now, against its 7-day average of −0.213%): +$15 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.465% in total) that is about 2.3 days. 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 | Kraken Futures PF_GRTUSD | 0.02331 | 0.0677 | pay 0.0085% / 1h | 34m 29s | $276K | $67K | 20x |
| Short | KuCoin GRTUSDTM | 0.02330 | 0.0100 | get 0.0100% / 8h | 34m 29s | $1.0M | $691K | 50x |
Kraken Futures PF_GRTUSD
KuCoin GRTUSDTMFunding 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
- −$121.25
- Price spread: −0.063% → −0.213%
- $15.04
- Slippage, 4 orders
- −$2,603.5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,731.72
- Costs to cover
- 26.255%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 3 min ago; KuCoin: live order book, 10 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, 3 min ago | 25.71 bp | 2463.4 bp −$2,463 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 12.84 bp | 46.4 bp −$46 | 174.1 bp −$1,741 | doesn't fit | doesn't fit |
GRT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GRT | −0.0031% | 8h | 0.02325 | −0.275% | $88K | $125K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02331 | −0.037% | $637 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −4.910% | — | $8K | 5.5x | as long as short |
| BloFin GRT-USDT | +0.0082% | 8h | 0.02326 | −0.234% | $169K | $161K | 75x | as long as short |
| Binance GRTUSDT | +0.0100% | 8h | 0.02330 | −0.065% | $3.5M | $8.2M | 75x | as long as short |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02327 | −0.192% | $2.8M | $2.2M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02330 | −0.063% | $633K | $749K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02331 | −0.020% | $441K | $426K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02329 | −0.106% | $1.9M | $1.0M | 200x | as long as short |
| KuCoin GRTUSDTMshort | +0.0100% | 8h | 0.02330 | −0.063% | $1.0M | $691K | 50x |
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
BloFin GRT-USDT
Binance GRTUSDT
Bybit GRTUSDT
OKX GRT-USDT-SWAP
Gate GRT_USDT
MEXC GRT_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRTUSDT | +0.0100% | 8h | 0.02330 | −0.063% | $2.3M | $657K | 75x | as long as short |
| BingX GRT-USDT | +0.0100% | 8h | 0.02328 | −0.149% | — | $2.5M | — | as long as short |
| Kraken Futures PF_GRTUSDlong | +0.0677% | 1h | 0.02331 | long leg | $276K | $67K | 20x |
Bitget GRTUSDT
BingX GRT-USDT