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
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_IDUSD | 0.03838 | −0.0075 | get 0.0009% / 1h | 46m 05s | $4K | $4K | 10x |
| Short | KuCoin IDUSDTM | 0.03848 | 0.0100 | get 0.0050% / 4h | 46m 05s | $1.1M | $73K | 30x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 9 min ago | 10.38 bp | 210.0 bp −$210 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSDlong | −0.0075% | 1h | 0.03838 | long leg | $4K | $4K | 10x | |
| BloFin ID-USDT | +0.0059% | 4h | 0.03841 | +0.077% | $156K | $16K | 50x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03845 | +0.180% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03840 | +0.050% | $2.4M | $4.0M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03832 | −0.158% | $1.5M | $1.1M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03839 | +0.024% | $262K | $221K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03831 | −0.184% | $382K | $212K | 20x | as long as short |
| KuCoin IDUSDTMshort | +0.0100% | 4h | 0.03848 | +0.259% | $1.1M | $73K | 30x | |
| Variational Omni ID | +0.0100% | 8h | 0.03839 | +0.031% | $12K | $20K | — | as long as short |
| BingX ID-USDT | +0.0522% | 4h | 0.03840 | +0.050% | — | $2.3M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget IDUSDT | +0.0534% | 4h | 0.03834 | −0.106% | $994K | $799K | 50x | as long as short |
Kraken Futures PF_IDUSD
KuCoin IDUSDTM
BloFin ID-USDT
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
Variational Omni ID
BingX ID-USDT
Bitget IDUSDT