Funding you earn now, next payment 03:00 UTC−0.0522%/8h= −57.2% APRpaid last 24h −0.177%
Price spread now: KuCoin against Kraken Futures−0.061%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and KuCoin is 0.061% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_IDUSD | 0.03812 | 0.0622 | pay 0.0078% / 1h | 2m 05s | $4K | $3K | 10x |
| Short | KuCoin IDUSDTM | 0.03810 | 0.0100 | get 0.0050% / 4h | 1h 02m | $1.1M | $61K | 30x |
Kraken Futures PF_IDUSD
KuCoin IDUSDTMFunding 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
- −$109.7
- Price spread: −0.061% → 0.000%
- −$6.15
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$137.85
- 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 | 13.13 bp | 204.9 bp −$205 | 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.
ID 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 IDUSDT | +0.0100% | 4h | 0.03809 | −0.083% | $9K | $153 | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03810 | −0.066% | $2.4M | $3.7M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03809 | −0.088% | $1.4M | $1.1M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03809 | −0.088% | $251K | $243K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03809 | −0.088% | $376K | $200K | 20x | as long as short |
| KuCoin IDUSDTMshort | +0.0100% | 4h | 0.03810 | −0.061% | $1.1M | $61K | 30x | |
| Variational Omni ID | +0.0100% | 8h | 0.03807 | −0.133% | $12K | $20K | — | as long as short |
| BloFin ID-USDT | +0.0151% | 4h | 0.03805 | −0.193% | $162K | $13K | 50x | as long as short |
| Bitget IDUSDT | +0.0186% | 4h | 0.03816 | +0.096% | $821K | $637K | 50x | as long as short |
| BingX ID-USDT | +0.0190% | 4h | 0.03810 | −0.061% | — | $2.3M | — | as long as short |
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
Variational Omni ID
BloFin ID-USDT
Bitget IDUSDT
BingX ID-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSDlong | +0.0622% | 1h | 0.03812 | long leg | $4K | $3K | 10x |