KCS funding rate explained
Right now KuCoin (KCS) perpetual futures trade on 1 exchange we track. The highest funding is on KuCoin at -0.138% per day, the lowest on KuCoin at -0.138%. The average across all venues is -0.138% per day, or about -50.3% a year. Negative funding means KCS shorts are paying longs — the market is leaning short.
The gap between the highest and lowest venue is 0.000% per day. A delta-neutral position that shorts KCS on KuCoin and goes long on KuCoin would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live KCS arbitrage board for the price side of the trade.
Settlement intervals differ: KCS funding is paid every 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: KCS arbitrage · KuCoin price · funding rates for all coins.