Funding you earn now, next payment 03:00 UTC−0.0650%/8h= −71.1% APRpaid last 24h −0.088%
Price spread now: KuCoin against Kraken Futures−0.147%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$243as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1821.818% of the position
Funding, last 7 days−0.611%−$61 on $10k
+Price spread, last 4 days (all we have)−0.280%−$28 · spread now −0.147%, 7d avg −0.100%
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and KuCoin is 0.046% cheaper against Kraken Futures than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.100%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DYDXUSD | 0.1369 | 0.0750 | pay 0.0094% / 1h | 2m 04s | $309K | $350K | 20x |
| Short | KuCoin DYDXUSDTM | 0.1367 | 0.0100 | get 0.0100% / 8h | 5h 02m | $2.3M | $3.8M | 50x |
Kraken Futures PF_DYDXUSD
KuCoin DYDXUSDTMFunding 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
- −$136.45
- Price spread: −0.147% → −0.100%
- −$4.63
- Slippage, 4 orders
- −$159.78
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$322.86
- Costs to cover
- 1.818%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 61 min ago; KuCoin: live order book, 5 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 Kraken Futures live order book, 61 min ago | 6.90 bp | 76.1 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 3.64 bp | 26.2 bp −$26 | 170.6 bp −$1,706 | doesn't fit | doesn't fit |
DYDX on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0118% | 1h | 0.1368 | −0.074% | $6K | $52K | 12x | as long as short |
| BloFin DYDX-USDT | +0.0074% | 8h | 0.1367 | −0.147% | $299K | $12K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1367 | −0.147% | $61K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1370 | +0.058% | $2.1M | $719K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1366 | −0.188% | $5K | $11K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1367 | −0.147% | $5.3M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1364 | −0.344% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1366 | −0.190% | $2.1M | $3.3M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1370 | +0.073% | $53K | $20K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1366 | −0.249% | $385K | $475K | 75x | as long as short |
Injective DYDX/USDC PERP
BloFin DYDX-USDT
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USD
Gate DYDX_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1367 | −0.147% | $3.0M | $814K | 125x | as long as short |
| KuCoin DYDXUSDTMshort | +0.0100% | 8h | 0.1367 | −0.147% | $2.3M | $3.8M | 50x | |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1366 | −0.220% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1367 | −0.147% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1367 | −0.172% | $3K | $110K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1369 | −0.025% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1366 | −0.193% | $926 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0482% | 1h | 0.1367 | −0.147% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSDlong | +0.0750% | 1h | 0.1369 | long leg | $309K | $350K | 20x | |
| Coinbase International DYDX-PERP-INTX | +0.0840% | 1h | 0.1372 | +0.219% | $17K | $37K | 50x | as long as short |
| dYdX DYDX-USD | +0.3023% | 1h | 0.1368 | −0.108% | $78K | $2K | 5x | as long as short |
MEXC DYDX_USDT
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD