Funding arb · Price arb /

JASMY

all JASMY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0874%/8h= −95.7% APRpaid last 24h −0.114%

Price spread now: KuCoin against Kraken Futures+0.184%7-day average −0.102% · you sell dearer than you buy

Net, funding: paid 7d − costs−$390as in the Funding arb table

Net, price: spread back to 7d avg − costs−$298as in the Price arb table

costs, in and out, $10k−$3273.266% of the position

Long on Kraken Futures Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.631%−$63 on $10k

Price spread, last 4 days (all we have)−0.422%−$42 · spread now +0.184%, 7d avg −0.102%

Together, before fees−1.053%−$105 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.286% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.184% now, against its 7-day average of −0.102%): +$29 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.631% in total) that is about 3.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_JASMYUSD	0.004376	0.0974	pay 0.0122% / 1h	11m 20s	$251K	$221K	20x
Short	KuCoin JASMYUSDTM	0.004384	0.0100	get 0.0100% / 8h	4h 11m	$3.3M	$2.6M	50x

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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee KuCoinbpOrdersPrice spread, now +0.184%Rate

Funding earned: −$183.63
Price spread: +0.184% → −0.102%: $28.56
Slippage, 4 orders: −$304.59
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$481.66
Costs to cover: 3.266%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 46 min ago; KuCoin: live order book, 6 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, 46 min ago	55.90 bp	62.2 bp −$62	140.4 bp −$1,404	39773.3 bp −$3.98M	doesn't fit
Sell KuCoin live order book, 6 min ago	1.14 bp	52.1 bp −$52	216.0 bp −$2,160	doesn't fit	doesn't fit

JASMY on 14 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
Coinbase International JASMY-PERP-INTX	+0.0032%	1h	0.004409	+0.755%	$16K	$16K	25x	as long as short
Aster JASMYUSDT	+0.0100%	8h	0.004383	+0.163%	$7K	$19K	5x	as long as short
Binance JASMYUSDT	+0.0100%	8h	0.004386	+0.236%	$3.4M	$5.3M	75x	as long as short
Bybit JASMYUSDT	+0.0100%	8h	0.004383	+0.161%	$3.8M	$2.2M	75x	as long as short
Gate JASMY_USDT	+0.0100%	8h	0.004382	+0.138%	$447K	$280K	75x	as long as short
MEXC JASMY_USDT	+0.0100%	8h	0.004387	+0.252%	$9.9M	$2.6M	200x	as long as short
KuCoin JASMYUSDTMshort	+0.0100%	8h	0.004384	+0.184%	$3.3M	$2.6M	50x
Bitget JASMYUSDT	+0.0100%	8h	0.004377	+0.024%	$1.7M	$547K	50x	as long as short
BingX JASMY-USDT	+0.0100%	8h	0.004387	+0.252%	—	$7.8M	—	as long as short
Variational Omni JASMY	+0.0100%	8h	0.004369	−0.165%	$124K	$33K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended JASMY-USD	+0.0104%	1h	0.004385	+0.207%	$2K	$192K	10x	as long as short
BloFin JASMY-USDT	+0.0220%	8h	0.004379	+0.070%	$221K	$230K	75x	as long as short
Deribit JASMY_USDC-PERPETUAL	+0.0663%	1h	0.004384	+0.184%	—	—	10x	as long as short
Kraken Futures PF_JASMYUSDlong	+0.0974%	1h	0.004376	long leg	$251K	$221K	20x