Funding spread now, next payment 14:00 UTC+0.2594%/8h
paid, last 24h+0.582%paid, last 4 days+0.340%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 4 days it paid 0.340% in total (about 35.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TUSD | 0.005115 | −0.3896 | get 0.0487% / 1h | 27m 42s | $2K | $4K | 10x |
| Short | KuCoin TUSDTM | 0.005127 | −0.1302 | pay 0.0651% / 4h | 2h 27m | $1.4M | $93K | 12x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $544.76
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $522.76
- Break-even
- 0.3 days
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 4 min ago. Net counts fees only.
Price risk
price view- Price gap now
- +0.244%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost 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 | 7.79 bp | 121.1 bp −$121 | 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.
T on 8 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Kraken Futures PF_TUSDlong | −0.3896% | 1h | $2K | $4K | 10x | |
| Gate T_USDT | −0.1784% | 4h | $216K | $143K | 20x | as long as short |
| MEXC T_USDT | −0.1400% | 4h | $3.1M | $296K | 20x | as long as short |
| Binance TUSDT | −0.1386% | 4h | $3.3M | $11.7M | 50x | as long as short |
| KuCoin TUSDTMshort | −0.1302% | 4h | $1.4M | $93K | 12x | |
| Bitget TUSDT | −0.1300% | 4h | $938K | $778K | 50x | as long as short |
| Bybit TUSDT | −0.0897% | 4h | $1.8M | $2.4M | 25x | as long as short |
| Variational Omni T | −0.0834% | 4h | $8K | $11K | — | as long as short |
Kraken Futures PF_TUSD
KuCoin TUSDTM
Gate T_USDT
MEXC T_USDT
Binance TUSDT
Bitget TUSDT
Bybit TUSDT
Variational Omni T