Funding you earn now, next payment 03:00 UTC+0.0029%/8h= +3.2% APRpaid last 24h −0.128%
Price spread now: Kraken Futures against KuCoin+0.050%52s7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$243as 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−$1891.888% of the position
Funding, last 7 days−0.541%−$54 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kraken Futures is 0.050% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.541%, so the current rate has only just turned in your favour. 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 MANAUSDTM | 0.08630 | 0.0100 | pay 0.0100% / 8h | 5h 02m | $1.7M | $72K | 50x |
| Short | Kraken Futures PF_MANAUSD | 0.08634 | 0.0129 | get 0.0016% / 1h | 2m 23s | $100K | $62K | 20x |
KuCoin MANAUSDTM
Kraken Futures PF_MANAUSDFunding 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
- $6.05
- Price spread: +0.050% → 0.000%
- $5.01
- Slippage, 4 orders
- −$166.82
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$177.76
- Costs to cover
- 1.888%
- Break-even
- 212.6 days
Slippage from KuCoin: live order book, 4 min ago; Kraken Futures: live order book, 26 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, 4 min ago | 11.59 bp | 56.1 bp −$56 | 228.4 bp −$2,284 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 26 min ago | 8.09 bp | 25.2 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
MANA on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MANA | −0.0106% | 8h | 0.08616 | −0.159% | $84K | $3K | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | −0.579% | $1K | $279 | 5.5x | as long as short |
| BingX MANA-USDT | +0.0070% | 8h | 0.08614 | −0.185% | — | $2.4M | — | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08621 | −0.108% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08612 | −0.209% | $3.4M | $5.5M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08604 | −0.301% | $2.8M | $862K | 75x | as long as short |
| OKX MANA-USDT-SWAP | +0.0100% | 8h | 0.08607 | −0.267% | $596K | $1.8M | 20x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08613 | −0.197% | $314K | $339K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08620 | −0.116% | $13.1M | $704K | 200x | as long as short |
| KuCoin MANAUSDTMlong | +0.0100% | 8h | 0.08630 | long leg | $1.7M | $72K | 50x |
Variational Omni MANA
Injective MANA/USDC PERP
BingX MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
OKX MANA-USDT-SWAP
Gate MANA_USDT
MEXC MANA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MANAUSDT | +0.0100% | 8h | 0.08618 | −0.137% | $1.6M | $493K | 25x | as long as short |
| BloFin MANA-USDT | +0.0104% | 8h | 0.08622 | −0.093% | $170K | $55K | 20x | as long as short |
| Kraken Futures PF_MANAUSDshort | +0.0129% | 1h | 0.08634 | +0.050% | $100K | $62K | 20x |
Bitget MANAUSDT
BloFin MANA-USDT