Funding you earn now, next payment 03:00 UTC+0.0790%/8h= +86.5% APRpaid last 24h +0.193%
Price spread now: KuCoin against Kraken Futures+0.067%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 +$24 a day on $10k at the current rate, and KuCoin is 0.067% dearer against Kraken Futures than usual: you sell high and buy low: +$7 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_KSMUSD | 4.6159 | −0.0690 | get 0.0086% / 1h | 49m 50s | $37K | $1K | 20x |
| Short | KuCoin KSMUSDTM | 4.6190 | 0.0100 | get 0.0100% / 8h | 5h 49m | $517K | $50K | 30x |
Kraken Futures PF_KSMUSD
KuCoin KSMUSDTMFunding 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
- $165.8
- Price spread: +0.067% → 0.000%
- $6.67
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $150.47
- Costs to cover
- 0.220%
- Break-even
- 0.6 days
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 48 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, 48 min ago | 22.69 bp | 275.0 bp −$275 | 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.
KSM 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_KSMUSDlong | −0.0690% | 1h | 4.6159 | long leg | $37K | $1K | 20x | |
| Variational Omni KSM | −0.0336% | 8h | 4.6176 | +0.036% | $454K | $38K | — | as long as short |
| OKX KSM-USDT-SWAP | +0.0017% | 4h | 4.6060 | −0.215% | $753K | $658K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6120 | −0.085% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6130 | −0.063% | $2.2M | $672K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6180 | +0.045% | $87K | $38K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6110 | −0.107% | $750K | $247K | 20x | as long as short |
| KuCoin KSMUSDTMshort | +0.0100% | 8h | 4.6190 | +0.067% | $517K | $50K | 30x | |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6210 | +0.110% | $492K | $226K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6120 | −0.085% | — | $2.4M | — | as long as short |
Variational Omni KSM
OKX KSM-USDT-SWAP
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
Bitget KSMUSDT
BingX KSM-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USD | +0.0104% | 1h | 4.6098 | −0.133% | $77K | $315K | 5x | as long as short |
Extended KSM-USD