Funding you earn now, next payment 02:00 UTC−0.0463%/8h= −50.8% APRpaid last 24h −0.014%
Price spread now: KuCoin against Kraken Futures−0.313%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 −$14 a day on $10k at the current rate, and KuCoin is 0.313% cheaper against Kraken Futures than usual: you would sell low and buy high (−$31 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_ONTUSD | 0.05644 | 0.0563 | pay 0.0070% / 1h | 58m 05s | $9K | $236 | 10x |
| Short | KuCoin ONTUSDTM | 0.05626 | 0.0100 | get 0.0050% / 4h | 2h 58m | $521K | $46K | 30x |
Funding 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
- −$97.33
- Price spread: −0.313% → 0.000%
- −$31.31
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$150.65
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 55 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, 55 min ago | 10.59 bp | 229.5 bp −$230 | 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.
ONT 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONT-USDT-SWAP | +0.0049% | 4h | 0.05625 | −0.331% | $796K | $886K | 20x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05634 | −0.170% | $27K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05627 | −0.289% | $2.4M | $2.6M | 50x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05623 | −0.366% | $174K | $54K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05628 | −0.278% | $1.5M | $155K | 50x | as long as short |
| KuCoin ONTUSDTMshort | +0.0100% | 4h | 0.05626 | −0.313% | $521K | $46K | 30x | |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05621 | −0.402% | $796K | $326K | 50x | as long as short |
| BloFin ONT-USDT | +0.0153% | 4h | 0.05638 | −0.101% | $132K | $23K | 50x | as long as short |
| Kraken Futures PF_ONTUSDlong | +0.0563% | 1h | 0.05644 | long leg | $9K | $236 | 10x | |
| Bybit ONTUSDT | +0.0994% | 4h | 0.05620 | −0.419% | $797K | $318K | 25x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ONT | +0.1137% | 4h | 0.05627 | −0.295% | $4K | $3K | — | as long as short |
| BingX ONT-USDT | +0.1330% | 4h | 0.05623 | −0.366% | — | $2.3M | — | as long as short |
Kraken Futures PF_ONTUSD
KuCoin ONTUSDTM
OKX ONT-USDT-SWAP
Aster ONTUSDT
Binance ONTUSDT
Gate ONT_USDT
MEXC ONT_USDT
Bitget ONTUSDT
BloFin ONT-USDT
Bybit ONTUSDT
Variational Omni ONT
BingX ONT-USDT