Funding you earn now, next payment 04:00 UTC−0.2261%/8h= −247.6% APRpaid last 24h −0.554%
Price spread now: Kraken Futures against KuCoin−0.157%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$68 a day on $10k at the current rate, and Kraken Futures is 0.157% cheaper against KuCoin than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ARKMUSDTM | 0.1264 | 0.0100 | pay 0.0100% / 8h | 4h 36m | $814K | $198K | 30x |
| Short | Kraken Futures PF_ARKMUSD | 0.1262 | −0.2161 | pay 0.0270% / 1h | 36m 17s | $21K | $1K | 10x |
Funding 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
- −$474.91
- Price spread: −0.157% → 0.000%
- −$15.7
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$512.61
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 47 min ago; Kraken Futures: no order-book sample. 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 KuCoin live order book, 47 min ago | 11.70 bp | 336.8 bp −$337 | 8595.5 bp −$86.0K | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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.
ARKM 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARKMUSDshort | −0.2161% | 1h | 0.1262 | −0.157% | $21K | $1K | 10x | |
| dYdX ARKM-USD | 0.0000% | 1h | 0.1266 | +0.115% | $7K | $47 | 5x | as long as short |
| BloFin ARKM-USDT | +0.0083% | 8h | 0.1264 | −0.032% | $143K | $43K | 50x | as long as short |
| Aster ARKMUSDT | +0.0100% | 8h | 0.1264 | −0.019% | $13K | $10K | 5x | as long as short |
| Binance ARKMUSDT | +0.0100% | 8h | 0.1264 | −0.032% | $2.7M | $10.0M | 50x | as long as short |
| Bybit ARKMUSDT | +0.0100% | 8h | 0.1264 | 0.000% | $2.3M | $2.3M | 50x | as long as short |
| OKX ARKM-USDT-SWAP | +0.0100% | 8h | 0.1264 | −0.032% | $770K | $2.4M | 20x | as long as short |
| Gate ARKM_USDT | +0.0100% | 8h | 0.1263 | −0.111% | $236K | $246K | 50x | as long as short |
| MEXC ARKM_USDT | +0.0100% | 8h | 0.1264 | −0.032% | $3.2M | $1.1M | 200x | as long as short |
| KuCoin ARKMUSDTMlong | +0.0100% | 8h | 0.1264 | long leg | $814K | $198K | 30x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARKMUSDT | +0.0100% | 8h | 0.1263 | −0.111% | $1.4M | $1.1M | 50x | as long as short |
| BingX ARKM-USDT | +0.0100% | 8h | 0.1264 | −0.032% | — | $2.5M | — | as long as short |
| Variational Omni ARKM | +0.0100% | 8h | 0.1266 | +0.155% | $9K | $12K | — | as long as short |
KuCoin ARKMUSDTM
Kraken Futures PF_ARKMUSD
BloFin ARKM-USDT
Aster ARKMUSDT
Binance ARKMUSDT
Bybit ARKMUSDT
OKX ARKM-USDT-SWAP
Gate ARKM_USDT
MEXC ARKM_USDT
Bitget ARKMUSDT
BingX ARKM-USDT
Variational Omni ARKM