Funding you earn now, next payment 05:00 UTC−0.3570%/8h= −390.9% APRpaid last 24h −1.055%
Price spread now: KuCoin against Kraken Futures+0.050%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.526%−$253 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. KuCoin is 0.050% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.050% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$107 a day in funding at the current rate, which eats that in about 1 hour. At the pace of the last 7 days (−2.526% in total) that is about 3 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BICOUSD | 0.02246 | 0.3904 | pay 0.0488% / 1h | 42m 33s | $36K | $58K | 20x |
| Short | KuCoin BICOUSDTM | 0.02247 | 0.0334 | get 0.0334% / 8h | 3h 42m | $1.1M | $1.4M | 20x |
Kraken Futures PF_BICOUSD
KuCoin BICOUSDTMFunding 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
- −$749.66
- Price spread: +0.050% → 0.000%
- $4.99
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$766.67
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 3 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, 3 min ago | 11.11 bp | 148.2 bp −$148 | 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.
BICO on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BICOUSDT | +0.0100% | 8h | 0.02245 | −0.018% | $93K | $22K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02245 | −0.039% | $4.0M | $8.4M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02246 | +0.005% | $1.8M | $5.1M | 20x | as long as short |
| Gate BICO_USDT | +0.0100% | 8h | 0.02245 | −0.039% | $370K | $335K | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02244 | −0.084% | $1.8M | $1.1M | 50x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02245 | −0.039% | $653K | $521K | 10x | as long as short |
| Bybit BICOUSDT | +0.0101% | 8h | 0.02246 | −0.004% | $2.3M | $3.8M | 20x | as long as short |
| BingX BICO-USDT | +0.0101% | 8h | 0.02244 | −0.084% | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0144% | 8h | 0.02248 | +0.097% | $14K | $8K | — | as long as short |
| KuCoin BICOUSDTMshort | +0.0334% | 8h | 0.02247 | +0.050% | $1.1M | $1.4M | 20x |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
Gate BICO_USDT
MEXC BICO_USDT
Bitget BICOUSDT
Bybit BICOUSDT
BingX BICO-USDT
Variational Omni BICOShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSDlong | +0.3904% | 1h | 0.02246 | long leg | $36K | $58K | 20x |