Settings8H · net · $10k
Funding arb · Price arb /

A

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against OKX+0.053%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$696as in the Funding arb table
Net, price: spread back to 7d avg − costs−$701as in the Price arb table
costs, in and out, $10k−$6976.973% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 4 days (all we have)−0.133%−$13 · spread now +0.053%, 7d avg +0.093%
Together, before fees−0.119%−$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.039% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.093%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX A-USDT-SWAP0.094110.0100pay 0.0050% / 4h3h 12m$740K$545K10x
ShortKuCoin AUSDTM0.094160.0100get 0.0050% / 4h3h 12m$681K$48K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.053% → +0.093%
−$3.94
Slippage, 4 orders
−$675.35
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$701.29
Costs to cover
6.973%
Break-even
never at this rate
Slippage from OKX: live order book, 18 min ago; KuCoin: live order book, 31 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 18 min ago4.84 bp47.6 bp −$485920.9 bp −$59.2K52271.8 bp −$5.23M241558.3 bp −$120.78M
Sell KuCoin live order book, 31 min ago18.11 bp278.9 bp −$279doesn't fitdoesn't fitdoesn't fit

A on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective A/USDC PERP+0.0033%1h0.08945−4.952%$1K$55.5xas long as short
Binance AUSDT+0.0100%4h0.09410−0.008%$2.9M$3.3M75xas long as short
Bybit AUSDT+0.0100%4h0.09404−0.074%$3.3M$977K50xas long as short
OKX A-USDT-SWAPlong+0.0100%4h0.09411long leg$740K$545K10x
Gate A_USDT+0.0100%4h0.09409−0.021%$235K$77K50xas long as short
MEXC A_USDT+0.0100%4h0.09410−0.011%$4.1M$137K100xas long as short
KuCoin AUSDTMshort+0.0100%4h0.09416+0.053%$681K$48K75x
Bitget AUSDT+0.0100%4h0.09408−0.032%$908K$171K75xas long as short
BingX A-USDT+0.0100%4h0.09406−0.053%$6.5Mas long as short
Variational Omni A+0.0100%4h0.09392−0.200%$1K$1as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin A-USDT+0.0146%4h0.09406−0.053%$146K$7K75xas long as short