Funding you earn now, next payment 07:00 UTC−0.1075%/8h= −117.8% APRpaid last 24h −0.292%
Price spread now: Kraken Futures against KuCoin+0.274%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Kraken Futures is 0.274% dearer against KuCoin than usual: you sell high and buy low (spread +0.274% now, against zero (this spread has no 7-day history yet)): +$27 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GMTUSDTM | 0.008500 | −0.0208 | get 0.0104% / 4h | 1h 25m | $257K | $190K | 50x |
| Short | Kraken Futures PF_GMTUSD | 0.008523 | −0.1283 | pay 0.0160% / 1h | 25m 45s | $43K | $13K | 20x |
KuCoin GMTUSDTM
Kraken Futures PF_GMTUSDFunding 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
- −$225.83
- Price spread: +0.274% → 0.000%
- $27.38
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$220.45
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 16 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, 16 min ago | 11.75 bp | 50.0 bp −$50 | 313.5 bp −$3,135 | 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.
GMT on 12 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_GMTUSDshort | −0.1283% | 1h | 0.008523 | +0.274% | $43K | $13K | 20x | |
| Bybit GMTUSDT | −0.0309% | 8h | 0.008514 | +0.165% | $1.1M | $2.1M | 50x | as long as short |
| Variational Omni GMT | −0.0289% | 8h | 0.008513 | +0.147% | $4K | $6K | — | as long as short |
| KuCoin GMTUSDTMlong | −0.0208% | 4h | 0.008500 | long leg | $257K | $190K | 50x | |
| OKX GMT-USDT-SWAP | −0.0153% | 4h | 0.008513 | +0.153% | $390K | $1.2M | 20x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008511 | +0.129% | $113K | $144K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008522 | +0.254% | $7K | $23K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008521 | +0.249% | $2.9M | $5.4M | 50x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008520 | +0.235% | $147K | $179K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008519 | +0.224% | $438K | $213K | 20x | as long as short |
Bybit GMTUSDT
Variational Omni GMT
OKX GMT-USDT-SWAP
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Gate GMT_USDT
MEXC GMT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMTUSDT | +0.0100% | 4h | 0.008519 | +0.224% | $677K | $635K | 50x | as long as short |
| BingX GMT-USDT | +0.0100% | 4h | 0.008524 | +0.282% | — | $1.3M | — | as long as short |
Bitget GMTUSDT
BingX GMT-USDT