Funding you earn now, next payment 08:00 UTC+0.4459%/8h= +488.3% APRpaid last 24h +0.272%
Price spread now: Kraken Futures against KuCoin+0.290%52s7-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
Both sides work for this trade now. Funding pays +$134 a day on $10k at the current rate, and Kraken Futures is 0.290% dearer against KuCoin than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet). 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 STEEMUSDTM | 0.05850 | 0.0100 | pay 0.0050% / 4h | 50m 24s | $436K | $93K | 30x |
| Short | Kraken Futures PF_STEEMUSD | 0.05867 | 0.4559 | get 0.0570% / 1h | 50m 24s | $8K | $6K | 10x |
KuCoin STEEMUSDTM
Kraken Futures PF_STEEMUSDFunding 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
- $936.44
- Price spread: +0.290% → 0.000%
- $29.02
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $943.46
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 53 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, 53 min ago | 15.54 bp | 150.6 bp −$151 | 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.
STEEM 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX STEEM-USDT | +0.0070% | 4h | 0.05849 | −0.017% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05859 | +0.160% | $17K | $11K | 5x | as long as short |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05853 | +0.053% | $2.1M | $3.7M | 25x | as long as short |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05853 | +0.051% | $495K | $136K | 20x | as long as short |
| KuCoin STEEMUSDTMlong | +0.0100% | 4h | 0.05850 | long leg | $436K | $93K | 30x | |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05856 | +0.103% | $494K | $296K | 25x | as long as short |
| Variational Omni STEEM | +0.0100% | 4h | 0.05835 | −0.250% | $12K | $267 | — | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05843 | −0.120% | $39K | $56K | 20x | as long as short |
| Gate STEEM_USDT | +0.0902% | 4h | 0.05861 | +0.188% | $288K | $102K | 20x | as long as short |
| Bybit STEEMUSDT | +0.1337% | 4h | 0.05837 | −0.222% | $1.3M | $982K | 13x | as long as short |
BingX STEEM-USDT
Aster STEEMUSDT
Binance STEEMUSDT
MEXC STEEM_USDT
Bitget STEEMUSDT
Variational Omni STEEM
HTX STEEM-USDT
Gate STEEM_USDT
Bybit STEEMUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STEEMUSDshort | +0.4559% | 1h | 0.05867 | +0.290% | $8K | $6K | 10x |