Funding you earn now, next payment 04:00 UTC+0.0260%/8h= +28.5% APRpaid last 24h +0.076%
Price spread now: KuCoin against Kraken Futures−0.024%7-day average −0.151% · you buy dearer than you sell
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1961.956% of the position
Funding, last 7 days+0.243%+$24 on $10k
+Price spread, last 4 days (all we have)−0.306%−$31 · spread now −0.024%, 7d avg −0.151%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.127% dearer against Kraken Futures than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.151%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XTZUSD | 0.3401 | −0.0160 | get 0.0020% / 1h | 36m 07s | $281K | $251K | 50x |
| Short | KuCoin XTZUSDTM | 0.3400 | 0.0100 | get 0.0050% / 4h | 36m 07s | $624K | $191K | 30x |
Kraken Futures PF_XTZUSD
KuCoin XTZUSDTMFunding 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
- $54.68
- Price spread: −0.024% → −0.151%
- $12.67
- Slippage, 4 orders
- −$173.6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$128.25
- Costs to cover
- 1.956%
- Break-even
- 23.4 days
Slippage from Kraken Futures: live order book, 21 min ago; KuCoin: live order book, 48 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 Kraken Futures live order book, 21 min ago | 14.66 bp | 41.7 bp −$42 | 120.6 bp −$1,206 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 48 min ago | 4.37 bp | 60.8 bp −$61 | 444.3 bp −$4,443 | doesn't fit | doesn't fit |
XTZ 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XTZUSDlong | −0.0160% | 1h | 0.3401 | long leg | $281K | $251K | 50x | |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +2.446% | $62 | $17K | 5.5x | as long as short |
| BloFin XTZ-USDT | +0.0082% | 4h | 0.3401 | +0.005% | $281K | $96K | 75x | as long as short |
| Bitget XTZUSDT | +0.0098% | 4h | 0.3394 | −0.200% | $916K | $939K | 75x | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3396 | −0.142% | $4.7M | $9.7M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3399 | −0.053% | $2.7M | $2.8M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3397 | −0.112% | $1.2M | $1.3M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3400 | −0.024% | $630K | $168K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3395 | −0.171% | $2.1M | $656K | 100x | as long as short |
| KuCoin XTZUSDTMshort | +0.0100% | 4h | 0.3400 | −0.024% | $624K | $191K | 30x |
Injective XTZ/USDC PERP
BloFin XTZ-USDT
Bitget XTZUSDT
Binance XTZUSDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
MEXC XTZ_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XTZ-USDT | +0.0100% | 4h | 0.3399 | −0.053% | — | $1.1M | — | as long as short |
| Variational Omni XTZ | +0.0100% | 4h | 0.3395 | −0.159% | $86K | $331K | — | as long as short |
BingX XTZ-USDT
Variational Omni XTZ