Funding you earn now, next payment 03:00 UTC+0.0650%/8h= +71.2% APRpaid last 24h +0.088%
Price spread now: Kraken Futures against KuCoin+0.126%52s7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
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)+0.300%+$30 · spread now +0.126%, 7d avg +0.100%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Kraken Futures is 0.026% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.100%. 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 | KuCoin DYDXUSDTM | 0.1367 | 0.0100 | pay 0.0100% / 8h | 5h 02m | $2.3M | $3.8M | 50x |
| Short | Kraken Futures PF_DYDXUSD | 0.1369 | 0.0750 | get 0.0094% / 1h | 2m 24s | $309K | $351K | 20x |
KuCoin DYDXUSDTM
Kraken Futures PF_DYDXUSDFunding 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
- $136.48
- Price spread: +0.126% → +0.100%
- $2.57
- Slippage, 4 orders
- −$159.78
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$42.73
- Costs to cover
- 1.818%
- Break-even
- 9.2 days
Slippage from KuCoin: live order book, 5 min ago; Kraken Futures: live order book, 60 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 KuCoin live order book, 5 min ago | 3.64 bp | 50.9 bp −$51 | 206.6 bp −$2,066 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 60 min ago | 6.90 bp | 28.7 bp −$29 | doesn't fit | 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 | +0.073% | $6K | $52K | 12x | as long as short |
| BloFin DYDX-USDT | +0.0074% | 8h | 0.1367 | 0.000% | $299K | $12K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1368 | +0.059% | $61K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1369 | +0.183% | $2.1M | $719K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1367 | −0.034% | $5K | $11K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1367 | −0.014% | $5.3M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1364 | −0.190% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1366 | −0.037% | $2.1M | $3.3M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1370 | +0.219% | $53K | $20K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1366 | −0.102% | $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 | 0.1366 | −0.073% | $3.0M | $814K | 125x | as long as short |
| KuCoin DYDXUSDTMlong | +0.0100% | 8h | 0.1367 | long leg | $2.3M | $3.8M | 50x | |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1366 | −0.073% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1366 | −0.073% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1367 | −0.023% | $3K | $110K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1369 | +0.121% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1366 | −0.046% | $926 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0482% | 1h | 0.1367 | 0.000% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSDshort | +0.0750% | 1h | 0.1369 | +0.126% | $309K | $351K | 20x | |
| Coinbase International DYDX-PERP-INTX | +0.0840% | 1h | 0.1372 | +0.366% | $17K | $37K | 50x | as long as short |
| dYdX DYDX-USD | +0.3023% | 1h | 0.1368 | +0.039% | $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