Funding you earn now, next payment 06:00 UTC+0.1810%/8h= +198.2% APRpaid last 24h +0.843%
Price spread now: KuCoin against Kraken Futures−0.212%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. KuCoin is 0.212% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.212% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 9 hours of funding at the current rate (+$54 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TUSD | 0.005185 | −0.1722 | get 0.0215% / 1h | 24m 19s | $4K | $4K | 10x |
| Short | KuCoin TUSDTM | 0.005174 | 0.0088 | get 0.0044% / 4h | 2h 24m | $1.3M | $85K | 12x |
Kraken Futures PF_TUSD
KuCoin TUSDTMFunding 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
- $380.13
- Price spread: −0.212% → 0.000%
- −$21.19
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $336.94
- Costs to cover
- 0.220%
- Break-even
- 0.8 days
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 1 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, 1 min ago | 8.69 bp | 96.3 bp −$96 | 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.
T on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TUSDlong | −0.1722% | 1h | 0.005185 | long leg | $4K | $4K | 10x | |
| Gate T_USDT | −0.0464% | 4h | 0.005179 | −0.115% | $211K | $85K | 20x | as long as short |
| Binance TUSDT | −0.0049% | 4h | 0.005179 | −0.115% | $3.2M | $7.0M | 50x | as long as short |
| MEXC T_USDT | −0.0046% | 4h | 0.005179 | −0.115% | $3.1M | $227K | 20x | as long as short |
| Bitget TUSDT | −0.0040% | 4h | 0.005173 | −0.231% | $893K | $542K | 50x | as long as short |
| Variational Omni T | −0.0035% | 4h | 0.005169 | −0.306% | $7K | $6K | — | as long as short |
| Bybit TUSDT | +0.0035% | 4h | 0.005177 | −0.154% | $1.5M | $1.5M | 25x | as long as short |
| KuCoin TUSDTMshort | +0.0088% | 4h | 0.005174 | −0.212% | $1.3M | $85K | 12x |
Gate T_USDT
Binance TUSDT
MEXC T_USDT
Bitget TUSDT
Variational Omni T
Bybit TUSDT