Funding you earn now, next payment 07:00 UTC+0.0526%/8h= +57.5% APRpaid last 24h −0.062%
Price spread now: KuCoin against Kraken Futures+0.105%52s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$16 a day on $10k at the current rate, and KuCoin is 0.105% dearer against Kraken Futures than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ALTUSD | 0.007545 | −0.0426 | get 0.0053% / 1h | 52m 27s | $44K | $8K | 10x |
| Short | KuCoin ALTUSDTM | 0.007553 | 0.0100 | get 0.0050% / 4h | 1h 52m | $146K | $19K | 30x |
Kraken Futures PF_ALTUSD
KuCoin ALTUSDTMFunding 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
- $110.36
- Price spread: +0.105% → 0.000%
- $10.45
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $98.81
- Costs to cover
- 0.220%
- Break-even
- 0.7 days
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 63 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, 63 min ago | 7.88 bp | 229.2 bp −$229 | 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.
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALTUSDlong | −0.0426% | 1h | 0.007545 | long leg | $44K | $8K | 10x | |
| Deribit ALT_USDC-PERPETUAL | −0.0148% | 1h | 0.007544 | −0.015% | — | $0 | 25x | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007691 | +1.934% | $837 | $22 | 5.5x | as long as short |
| Variational Omni ALT | +0.0047% | 4h | 0.007550 | +0.060% | $4K | $16K | — | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007538 | −0.094% | $1.1M | $138K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007545 | +0.003% | $2.6M | $3.4M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007536 | −0.121% | $1.2M | $1.8M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007539 | −0.081% | $50K | $382K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007544 | −0.015% | $379K | $168K | 50x | as long as short |
| KuCoin ALTUSDTMshort | +0.0100% | 4h | 0.007553 | +0.105% | $146K | $19K | 30x |
Deribit ALT_USDC-PERPETUAL
Injective ALT/USDC PERP
Variational Omni ALT
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ALTUSDT | +0.0100% | 4h | 0.007538 | −0.094% | $605K | $129K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007541 | −0.055% | — | $1.3M | — | as long as short |
| BloFin ALT-USDT | +0.0121% | 4h | 0.007560 | +0.197% | $170K | $9K | 50x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0424% | 1h | 0.007691 | +1.934% | $14K | $2K | 50x | as long as short |
Bitget ALTUSDT
BingX ALT-USDT
BloFin ALT-USDT
Coinbase International ALT-PERP-INTX