Funding you earn now, next payment 01:00 UTC−0.0432%/8h= −47.3% APRpaid last 24h −0.029%
Price spread now: KuCoin against Kraken Futures+0.370%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
The price spread pays, funding is against you. KuCoin is 0.370% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.370% now, against zero (this spread has no 7-day history yet)): +$37 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 2.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOONUSD | 0.1955 | 0.0532 | pay 0.0066% / 1h | 21m 51s | $11K | $1K | 10x |
| Short | KuCoin SOONUSDTM | 0.1962 | 0.0100 | get 0.0050% / 4h | 3h 21m | $1.8M | $3.2M | 50x |
Kraken Futures PF_SOONUSD
KuCoin SOONUSDTMFunding 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
- −$90.66
- Price spread: +0.370% → 0.000%
- $37.03
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$75.64
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 5 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, 5 min ago | 4.34 bp | 188.0 bp −$188 | 677.5 bp −$6,775 | 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.
SOON 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTMshort | +0.0100% | 4h | 0.1962 | +0.370% | $1.8M | $3.2M | 50x | |
| Extended SOON-USD | +0.0264% | 1h | 0.1961 | +0.315% | $7K | $202K | 5x | as long as short |
| Binance SOONUSDT | +0.0264% | 4h | 0.1962 | +0.341% | $8.0M | $1.9M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0431% | 4h | 0.1962 | +0.365% | $2.0M | $447K | 20x | as long as short |
| Kraken Futures PF_SOONUSDlong | +0.0532% | 1h | 0.1955 | long leg | $11K | $1K | 10x | |
| Gate SOON_USDT | +0.0766% | 4h | 0.1957 | +0.109% | $3.2M | $110K | 50x | as long as short |
| Aster SOONUSDT | +0.0910% | 4h | 0.1960 | +0.263% | $191K | $3K | 5x | as long as short |
| Bitget SOONUSDT | +0.1028% | 4h | 0.1961 | +0.314% | $9.2M | $229K | 25x | as long as short |
| Bybit SOONUSDT | +0.1939% | 4h | 0.1946 | −0.453% | $2.5M | $1.1M | 25x | as long as short |
| BingX SOON-USDT | +0.2026% | 4h | 0.1957 | +0.109% | — | $6.7M | — | as long as short |
Extended SOON-USD
Binance SOONUSDT
OKX SOON-USDT-SWAP
Gate SOON_USDT
Aster SOONUSDT
Bitget SOONUSDT
Bybit SOONUSDT
BingX SOON-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOON | +0.2944% | 4h | 0.1947 | −0.393% | $239K | $20K | — | as long as short |
Variational Omni SOON