Funding you earn now, next payment 08:00 UTC−0.0266%/8h= −29.2% APRnext payment −$1.33 per $10,000 · paid last 24h −0.010%
Price spread now: KuCoin against OKX+0.203%7-day average +0.247% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,162as in the Price arb table
costs, in and out, $10k−$1,15811.577% of the position
Funding, last 7 days+0.220%+$22 on $10k
+Price spread, last 7 days+0.180%+$18 · spread now +0.203%, 7d avg +0.247%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and KuCoin is 0.043% cheaper against OKX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.247%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.220%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AEON-USDT-SWAP | 0.05897 | 0.1066 | pay 0.0533% / 4h | 3h 50m | $1.7M | $6.0M | 20x |
| Short | KuCoin AEONUSDTM | 0.05909 | 0.0800 | get 0.0400% / 4h | 3h 50m | $994K | $1.7M | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$55.91
- Price spread: +0.203% → +0.247%
- −$4.35
- Slippage, 4 orders
- −$1,135.72
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,217.98
- Costs to cover
- 11.577%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; KuCoin: live order book, just now.
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 OKX live order book, 2 min ago | 3.38 bp | 48.7 bp −$49 | 452.5 bp −$4,525 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, just now | 10.99 bp | 510.7 bp −$511 | doesn't fit | doesn't fit | doesn't fit |
AEON on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AEONUSDT | +0.0100% | 1h | 0.05891 | −0.096% | $33K | $30K | 5x | as long as short |
| Bybit AEONUSDT | +0.0100% | 4h | 0.05893 | −0.068% | $492K | $184K | 25x | as long as short |
| Gate AEON_USDT | +0.0100% | 4h | 0.05929 | +0.543% | $574K | $250K | 20x | as long as short |
| Bitget AEONUSDT | +0.0100% | 4h | 0.05903 | +0.102% | $2.0M | $752K | 20x | as long as short |
| KuCoin AEONUSDTMshort | +0.0800% | 4h | 0.05909 | +0.203% | $994K | $1.7M | 20x | |
| OKX AEON-USDT-SWAPlong | +0.1066% | 4h | 0.05897 | long leg | $1.7M | $6.0M | 20x |
OKX AEON-USDT-SWAP
KuCoin AEONUSDTM
Aster AEONUSDT
Bybit AEONUSDT
Gate AEON_USDT
Bitget AEONUSDT