Funding you earn now, next payment 03:00 UTC+0.1169%/8h= +128.0% APRpaid last 24h +0.274%
Price spread now: Kraken Futures against KuCoin+0.009%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4,651as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4,665as in the Price arb table
costs, in and out, $10k−$4,66346.634% of the position
Funding, last 7 days+0.120%+$12 on $10k
+Price spread, last 3 days (all we have)+0.031%+$3 · spread now +0.009%, 7d avg +0.020%
=The price spread sits at its 7-day average of +0.020%, so right now this pair is about funding alone: +$35 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.120% in total (about 6.2% 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 | KuCoin TRBUSDTM | 19.450 | 0.0100 | pay 0.0050% / 4h | 1h 47m | $1.2M | $307K | 50x |
| Short | Kraken Futures PF_TRBUSD | 19.452 | 0.1269 | get 0.0159% / 1h | 47m 36s | $103K | $99K | 10x |
KuCoin TRBUSDTM
Kraken Futures PF_TRBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against KuCoin. 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
- $245.49
- Price spread: +0.009% → +0.020%
- −$1.16
- Slippage, 4 orders
- −$4,641.37
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$4,419.04
- Costs to cover
- 46.634%
- Break-even
- 133.0 days
Slippage from KuCoin: live order book, 2 min ago; Kraken Futures: live order book, 14 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 KuCoin live order book, 2 min ago | 10.02 bp | 178.2 bp −$178 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 14 min ago | 30.78 bp | 48.4 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
TRB on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRB | +0.0100% | 1h | 19.441 | −0.046% | $498K | $248K | 3x | as long as short |
| Aster TRBUSDT | +0.0100% | 4h | 19.448 | −0.009% | $10K | $21K | 5x | as long as short |
| Binance TRBUSDT | +0.0100% | 4h | 19.427 | −0.118% | $5.2M | $10.5M | 50x | as long as short |
| Bybit TRBUSDT | +0.0100% | 4h | 19.458 | +0.041% | $6.4M | $2.0M | 50x | as long as short |
| OKX TRB-USDT-SWAP | +0.0100% | 4h | 19.430 | −0.103% | $4.5M | $5.0M | 20x | as long as short |
| MEXC TRB_USDT | +0.0100% | 4h | 19.427 | −0.118% | $15.3M | $1.0M | 125x | as long as short |
| KuCoin TRBUSDTMlong | +0.0100% | 4h | 19.450 | long leg | $1.2M | $307K | 50x | |
| Bitget TRBUSDT | +0.0100% | 4h | 19.448 | −0.010% | $1.3M | $1.4M | 50x | as long as short |
| BingX TRB-USDT | +0.0100% | 4h | 19.439 | −0.057% | — | $16.3M | — | as long as short |
| Variational Omni TRB | +0.0360% | 4h | 19.489 | +0.202% | $15K | $4K | — | as long as short |
Hyperliquid TRB
Aster TRBUSDT
Binance TRBUSDT
Bybit TRBUSDT
OKX TRB-USDT-SWAP
MEXC TRB_USDT
Bitget TRBUSDT
BingX TRB-USDT
Variational Omni TRBShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TRB_USDT | +0.0946% | 4h | 19.460 | +0.051% | $609K | $1.8M | 50x | as long as short |
| Kraken Futures PF_TRBUSDshort | +0.1269% | 1h | 19.452 | +0.009% | $103K | $99K | 10x |
Gate TRB_USDT