Funding you earn now, next payment 05:00 UTC+0.0352%/8h= +38.6% APRpaid last 24h +0.964%
Price spread now: Kraken Futures against KuCoin+0.039%7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$251as in the Funding arb table
Net, price: spread back to 7d avg − costs−$342as in the Price arb table
costs, in and out, $10k−$3343.336% of the position
Funding, last 7 days+0.827%+$83 on $10k
+Price spread, last 4 days (all we have)+0.384%+$38 · spread now +0.039%, 7d avg +0.126%
=Funding pays, the price is against you. Kraken Futures is 0.088% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.039% now, against its 7-day average of +0.126%). If the spread goes back, that is −$9 on $10k: about 20 hours of funding at the current rate (+$11 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ACEUSDTM | 0.1770 | 0.0100 | pay 0.0050% / 4h | 3h 16m | $2.0M | $540K | 20x |
| Short | Kraken Futures PF_ACEUSD | 0.1771 | 0.0452 | get 0.0057% / 1h | 16m 33s | $44K | $660K | 10x |
KuCoin ACEUSDTM
Kraken Futures PF_ACEUSDFunding 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
- $74.01
- Price spread: +0.039% → +0.126%
- −$8.76
- Slippage, 4 orders
- −$311.64
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$268.39
- Costs to cover
- 3.336%
- Break-even
- 32.4 days
Slippage from KuCoin: live order book, 5 min ago; Kraken Futures: live order book, 37 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, 5 min ago | 3.96 bp | 173.3 bp −$173 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 37 min ago | 9.65 bp | 22.8 bp −$23 | 114.3 bp −$1,143 | doesn't fit | doesn't fit |
ACE on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ACE-USDT | +0.0072% | 4h | 0.1771 | +0.034% | $475K | $66K | 20x | as long as short |
| Hyperliquid ACE | +0.0100% | 1h | 0.1770 | +0.006% | $375K | $421K | 3x | as long as short |
| Aster ACEUSDT | +0.0100% | 4h | 0.1768 | −0.113% | $24K | $38K | 5x | as long as short |
| Binance ACEUSDT | +0.0100% | 4h | 0.1770 | +0.005% | $8.8M | $18.8M | 20x | as long as short |
| MEXC ACE_USDT | +0.0100% | 4h | 0.1770 | +0.006% | $14.3M | $788K | 20x | as long as short |
| KuCoin ACEUSDTMlong | +0.0100% | 4h | 0.1770 | long leg | $2.0M | $540K | 20x | |
| Bitget ACEUSDT | +0.0100% | 4h | 0.1770 | +0.006% | $1.6M | $2.2M | 10x | as long as short |
| HTX ACE-USDT | +0.0100% | 4h | 0.1760 | −0.565% | $16K | $80K | 20x | as long as short |
| Variational Omni ACE | +0.0273% | 4h | 0.1769 | −0.068% | $118K | $44K | — | as long as short |
| Kraken Futures PF_ACEUSDshort | +0.0452% | 1h | 0.1771 | +0.039% | $44K | $660K | 10x |
BloFin ACE-USDT
Hyperliquid ACE
Aster ACEUSDT
Binance ACEUSDT
MEXC ACE_USDT
Bitget ACEUSDT
HTX ACE-USDT
Variational Omni ACEShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ACE_USDT | +0.0730% | 4h | 0.1770 | +0.006% | $1.2M | $1.8M | 25x | as long as short |
| BingX ACE-USDT | +0.0930% | 4h | 0.1770 | +0.028% | — | $1.4M | — | as long as short |
| Bybit ACEUSDT | +0.1051% | 4h | 0.1772 | +0.107% | $2.6M | $2.9M | 25x | as long as short |
Gate ACE_USDT
BingX ACE-USDT
Bybit ACEUSDT