Funding you earn now, next payment 01:00 UTC−0.0440%/8h= −48.2% APRpaid last 24h −0.131%
Price spread now: KuCoin against Kraken Futures−0.505%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 −$13 a day on $10k at the current rate, and KuCoin is 0.505% cheaper against Kraken Futures than usual: you would sell low and buy high (−$51 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 | Kraken Futures PF_STEEMUSD | 0.05849 | 0.0540 | pay 0.0068% / 1h | 48m 04s | $8K | $5K | 10x |
| Short | KuCoin STEEMUSDTM | 0.05819 | 0.0100 | get 0.0050% / 4h | 3h 48m | $421K | $93K | 30x |
Kraken Futures PF_STEEMUSD
KuCoin STEEMUSDTMFunding 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
- −$92.47
- Price spread: −0.505% → 0.000%
- −$50.53
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$165
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 4 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, 4 min ago | 45.07 bp | 255.8 bp −$256 | 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.
STEEM 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX STEEM-USDT | +0.0070% | 4h | 0.05820 | −0.488% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05827 | −0.367% | $16K | $10K | 5x | as long as short |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05832 | −0.282% | $2.1M | $3.5M | 25x | as long as short |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05825 | −0.403% | $432K | $114K | 20x | as long as short |
| KuCoin STEEMUSDTMshort | +0.0100% | 4h | 0.05819 | −0.505% | $421K | $93K | 30x | |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05823 | −0.437% | $453K | $266K | 25x | as long as short |
| Variational Omni STEEM | +0.0100% | 4h | 0.05762 | −1.478% | $12K | $147 | — | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05810 | −0.659% | $40K | $32K | 20x | as long as short |
| Kraken Futures PF_STEEMUSDlong | +0.0540% | 1h | 0.05849 | long leg | $8K | $5K | 10x | |
| Gate STEEM_USDT | +0.1136% | 4h | 0.05825 | −0.403% | $291K | $111K | 20x | as long as short |
BingX STEEM-USDT
Aster STEEMUSDT
Binance STEEMUSDT
MEXC STEEM_USDT
Bitget STEEMUSDT
Variational Omni STEEM
HTX STEEM-USDT
Gate STEEM_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STEEMUSDT | +0.1580% | 4h | 0.05809 | −0.676% | $1.3M | $1.0M | 13x | as long as short |
Bybit STEEMUSDT