Funding you earn now, next payment 12:00 UTC+0.0186%/8h= +20.4% APRpaid last 24h +0.001%
Price spread now: KuCoin against Kraken Futures+0.027%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1101.101% of the position
Funding, last 7 days−0.336%−$34 on $10k
+Price spread, last 4 days (all we have)−0.324%−$32 · spread now +0.027%, 7d avg −0.062%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.089% dearer against Kraken Futures than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.062%. Mind the row above: over the last 7 days funding on this pair cost −0.336%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TIAUSD | 0.4344 | −0.0086 | get 0.0011% / 1h | 49m 16s | $352K | $253K | 50x |
| Short | KuCoin TIAUSDTM | 0.4345 | 0.0100 | get 0.0050% / 4h | 49m 16s | $4.1M | $10.8M | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $39.06
- Price spread: +0.027% → −0.062%
- $8.86
- Slippage, 4 orders
- −$88.1
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$62.18
- Costs to cover
- 1.101%
- Break-even
- 18.1 days
Slippage from Kraken Futures: live order book, 56 min ago; KuCoin: live order book, 2 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, 56 min ago | 10.31 bp | 19.5 bp −$19 | 54.7 bp −$547 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 2.30 bp | 25.9 bp −$26 | 61.2 bp −$612 | doesn't fit | doesn't fit |
TIA on 27 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX TIA/USD [ETH-USDC] | L −0.6754% / S +0.0274% | 1h | 0.4343 | −0.013% | $5K | — | 100x | as long as short |
| Injective TIA/USDC PERP | −0.0224% | 1h | 0.4361 | +0.395% | $83K | $165K | 12x | as long as short |
| ApeX Omni TIAUSDT | −0.0146% | 1h | 0.4350 | +0.142% | $50K | $221K | 50x | as long as short |
| Kraken Futures PF_TIAUSDlong | −0.0086% | 1h | 0.4344 | long leg | $352K | $253K | 50x | |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4340 | −0.088% | $32K | $20K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4341 | −0.073% | $1K | — | 150x | as long as short |
| Bybit TIAUSDT | +0.0014% | 4h | 0.4346 | +0.050% | $9.6M | $14.9M | 50x | as long as short |
| Variational Omni TIA | +0.0083% | 4h | 0.4346 | +0.058% | $81K | $116K | — | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4349 | +0.119% | $158K | $480K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0097% | 4h | 0.4338 | −0.134% | $6K | $165K | 10x | as long as short |
Show all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TIA | +0.0100% | 1h | 0.4357 | +0.301% | $4.6M | $1.7M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4343 | −0.030% | $24K | $275K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4346 | +0.050% | $13.9M | $52.2M | 75x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4336 | −0.180% | $2.7M | $6.8M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4344 | +0.004% | $978K | $1.7M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4351 | +0.165% | $10.2M | $18.5M | 300x | as long as short |
| KuCoin TIAUSDTMshort | +0.0100% | 4h | 0.4345 | +0.027% | $4.1M | $10.8M | 50x | |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4338 | −0.134% | $4.3M | $4.4M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4337 | −0.157% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4351 | +0.167% | $100K | $183K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4348 | +0.096% | $58K | $79K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4338 | −0.145% | $55K | $209K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4341 | −0.076% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0183% | 1h | 0.4346 | +0.059% | $6K | — | 15x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4353 | +0.211% | $536K | $831K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0368% | 1h | 0.4366 | +0.510% | $52K | $109K | 50x | as long as short |
| dYdX TIA-USD | +0.0391% | 1h | 0.4349 | +0.119% | $52K | $139 | 10x | as long as short |
Kraken Futures PF_TIAUSD
KuCoin TIAUSDTM
GMX TIA/USD [ETH-USDC]
Injective TIA/USDC PERP
ApeX Omni TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Bybit TIAUSDT
Variational Omni TIA
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
OKX TIA-USDT-SWAP
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX