Funding you earn now, next payment 02:00 UTC+0.0610%/8h= +66.8% APRpaid last 24h +0.029%
Price spread now: Kraken Futures against KuCoin−0.464%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
Funding pays, the price is against you. Kraken Futures is 0.464% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.464% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$46 on $10k: about 2.5 days of funding at the current rate (+$18 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SOONUSDTM | 0.1951 | 0.0100 | pay 0.0050% / 4h | 2h 57m | $1.8M | $3.2M | 50x |
| Short | Kraken Futures PF_SOONUSD | 0.1942 | 0.0710 | get 0.0089% / 1h | 57m 41s | $11K | $1K | 10x |
KuCoin SOONUSDTM
Kraken Futures PF_SOONUSDFunding 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
- $128.05
- Price spread: −0.464% → 0.000%
- −$46.38
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $59.66
- Costs to cover
- 0.220%
- Break-even
- 3.7 days
Slippage unknown: KuCoin: live order book, 5 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, 5 min ago | 4.86 bp | 196.4 bp −$196 | doesn't fit | 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.
SOON 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTMlong | +0.0100% | 4h | 0.1951 | long leg | $1.8M | $3.2M | 50x | |
| Extended SOON-USD | +0.0280% | 1h | 0.1951 | +0.007% | $7K | $193K | 5x | as long as short |
| Binance SOONUSDT | +0.0283% | 4h | 0.1952 | +0.037% | $8.0M | $1.9M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0394% | 4h | 0.1951 | −0.010% | $2.0M | $445K | 20x | as long as short |
| Kraken Futures PF_SOONUSDshort | +0.0710% | 1h | 0.1942 | −0.464% | $11K | $1K | 10x | |
| Aster SOONUSDT | +0.0947% | 4h | 0.1949 | −0.120% | $190K | $3K | 5x | as long as short |
| Gate SOON_USDT | +0.1012% | 4h | 0.1947 | −0.215% | $3.2M | $111K | 50x | as long as short |
| Bitget SOONUSDT | +0.1114% | 4h | 0.1950 | −0.062% | $9.1M | $245K | 25x | as long as short |
| Bybit SOONUSDT | +0.1642% | 4h | 0.1936 | −0.779% | $2.5M | $1.1M | 25x | as long as short |
| BingX SOON-USDT | +0.2000% | 4h | 0.1948 | −0.164% | — | $6.7M | — | as long as short |
Extended SOON-USD
Binance SOONUSDT
OKX SOON-USDT-SWAP
Aster SOONUSDT
Gate SOON_USDT
Bitget SOONUSDT
Bybit SOONUSDT
BingX SOON-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOON | +0.2663% | 4h | 0.1938 | −0.694% | $239K | $20K | — | as long as short |
Variational Omni SOON