Settings8H · net · $10k
Funding arb · Price arb /

BB

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0484%/8h= −53.0% APRpaid last 24h −0.231%
Price spread now: Kraken Futures against KuCoin+0.020%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.020% dearer against KuCoin than usual: you sell high and buy low (spread +0.020% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 3 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BBUSDTM0.0090400.0100pay 0.0050% / 4h2h 06m$444K$98K50x
ShortKraken Futures PF_BBUSD0.009042−0.0384pay 0.0048% / 1h6m 00s$21K$3K10x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$101.71
Price spread: +0.020% → 0.000%
$2.04
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$121.67
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 52 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 52 min ago21.98 bp500.7 bp −$501doesn't fitdoesn't fitdoesn'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.

BB on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BBUSDshort−0.0384%1h0.009042+0.020%$21K$3K10x
Aster BBUSDT+0.0100%4h0.009041+0.015%$13K$13K5xas long as short
Binance BBUSDT+0.0100%4h0.009051+0.126%$3.3M$7.0M50xas long as short
Bybit BBUSDT+0.0100%4h0.009064+0.265%$685K$819K25xas long as short
Gate BB_USDT+0.0100%4h0.009050+0.111%$134K$232K50xas long as short
MEXC BB_USDT+0.0100%4h0.009052+0.133%$1.4M$582K100xas long as short
KuCoin BBUSDTMlong+0.0100%4h0.009040long leg$444K$98K50x
Bitget BBUSDT+0.0100%4h0.009050+0.111%$327K$513K50xas long as short
BingX BB-USDT+0.0326%4h0.009055+0.166%$1.3Mas long as short