Funding you earn now, next payment 08:00 UTC−0.0175%/8h= −19.1% APRpaid last 24h +0.153%
Price spread now: Kraken Futures against KuCoin−0.171%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$5 a day on $10k at the current rate, and Kraken Futures is 0.171% cheaper against KuCoin than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IDUSDTM | 0.03847 | 0.0100 | pay 0.0050% / 4h | 48m 57s | $1.1M | $73K | 30x |
| Short | Kraken Futures PF_IDUSD | 0.03840 | −0.0075 | pay 0.0009% / 1h | 48m 57s | $4K | $4K | 10x |
KuCoin IDUSDTM
Kraken Futures PF_IDUSDFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$36.66
- Price spread: −0.171% → 0.000%
- −$17.14
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$75.8
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 6 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 6 min ago | 10.38 bp | 172.2 bp −$172 | doesn't fit | doesn't fit | doesn'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.
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_IDUSDshort | −0.0075% | 1h | 0.03840 | −0.171% | $4K | $4K | 10x | |
| BloFin ID-USDT | +0.0064% | 4h | 0.03841 | −0.156% | $156K | $16K | 50x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03847 | −0.010% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03846 | −0.026% | $2.4M | $4.0M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03847 | 0.000% | $1.5M | $1.1M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03842 | −0.130% | $262K | $221K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03847 | 0.000% | $381K | $211K | 20x | as long as short |
| KuCoin IDUSDTMlong | +0.0100% | 4h | 0.03847 | long leg | $1.1M | $73K | 30x | |
| Variational Omni ID | +0.0100% | 8h | 0.03839 | −0.201% | $12K | $20K | — | as long as short |
| BingX ID-USDT | +0.0514% | 4h | 0.03845 | −0.052% | — | $2.3M | — | as long as short |
BloFin ID-USDT
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
Variational Omni ID
BingX ID-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget IDUSDT | +0.0550% | 4h | 0.03847 | 0.000% | $997K | $798K | 50x | as long as short |
Bitget IDUSDT