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

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0175%/8h= +19.1% APRpaid last 24h −0.153%
Price spread now: KuCoin against Kraken Futures+0.259%7-day average · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and KuCoin is 0.259% dearer against Kraken Futures than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_IDUSD0.03838−0.0075get 0.0009% / 1h46m 05s$4K$4K10x
ShortKuCoin IDUSDTM0.038480.0100get 0.0050% / 4h46m 05s$1.1M$73K30x

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

Profit calculator

Funding earned
$36.67
Price spread: +0.259% → 0.000%
$25.89
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$40.57
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 9 min ago. 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 Kraken Futures no order-book sample
Sell KuCoin live order book, 9 min ago10.38 bp210.0 bp −$210doesn't fitdoesn't fitdoesn't fit
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.

ID 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
Kraken Futures PF_IDUSDlong−0.0075%1h0.03838long leg$4K$4K10x
BloFin ID-USDT+0.0059%4h0.03841+0.077%$156K$16K50xas long as short
Aster IDUSDT+0.0100%4h0.03845+0.180%$9K$2K5xas long as short
Binance IDUSDT+0.0100%4h0.03840+0.050%$2.4M$4.0M50xas long as short
Bybit IDUSDT+0.0100%8h0.03832−0.158%$1.5M$1.1M25xas long as short
Gate ID_USDT+0.0100%4h0.03839+0.024%$262K$221K25xas long as short
MEXC ID_USDT+0.0100%4h0.03831−0.184%$382K$212K20xas long as short
KuCoin IDUSDTMshort+0.0100%4h0.03848+0.259%$1.1M$73K30x
Variational Omni ID+0.0100%8h0.03839+0.031%$12K$20Kas long as short
BingX ID-USDT+0.0522%4h0.03840+0.050%$2.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget IDUSDT+0.0534%4h0.03834−0.106%$994K$799K50xas long as short