Funding you earn now, next payment 08:00 UTC−0.0500%/8h= −54.7% APRnext payment −$2.50 per $10,000 · paid last 24h −0.131%
Price spread now: OKX against KuCoin+0.129%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$741as in the Funding arb table
Net, price: spread back to 7d avg − costs−$699as in the Price arb table
costs, in and out, $10k−$7047.043% of the position
Funding, last 7 days−0.366%−$37 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now +0.129%, 7d avg +0.077%
=The price spread pays, funding is against you. OKX is 0.053% dearer against KuCoin than usual: you sell high and buy low (spread +0.129% now, against its 7-day average of +0.077%): +$5 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.366% in total) that is about 24 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin APRUSDTM | 0.1469 | 0.0880 | pay 0.0440% / 4h | 1h 02m | $2.4M | $346K | 50x |
| Short | OKX APR-USDT-SWAP | 0.1471 | 0.0380 | get 0.0190% / 4h | 1h 02m | $1.3M | $2.5M | 20x |
KuCoin APRUSDTM
OKX APR-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against KuCoin. 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
- −$104.94
- Price spread: +0.129% → +0.077%
- $5.28
- Slippage, 4 orders
- −$682.32
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$803.98
- Costs to cover
- 7.043%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; OKX: live order book, 4 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 KuCoin live order book, 4 min ago | 10.53 bp | 446.7 bp −$447 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 6.78 bp | 37.3 bp −$37 | 381.3 bp −$3,813 | doesn't fit | doesn't fit |
APR 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin APR-USDT | +0.0070% | 4h | 0.1472 | +0.197% | $287K | $112K | 50x | as long as short |
| Binance APRUSDT | +0.0100% | 4h | 0.1470 | +0.061% | $6.7M | $5.1M | 50x | as long as short |
| Bybit APRUSDT | +0.0100% | 4h | 0.1471 | +0.129% | $1.5M | $653K | 20x | as long as short |
| MEXC APR_USDT | +0.0100% | 4h | 0.1471 | +0.129% | $368K | $176K | 50x | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1469 | 0.000% | $1K | $1.2M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1478 | +0.606% | $19K | $38K | 20x | as long as short |
| Bitget APRUSDT | +0.0166% | 4h | 0.1472 | +0.191% | $3.9M | $1.0M | 50x | as long as short |
| OKX APR-USDT-SWAPshort | +0.0380% | 4h | 0.1471 | +0.129% | $1.3M | $2.5M | 20x | |
| BingX APR-USDT | +0.0392% | 4h | 0.1470 | +0.061% | — | $1.4M | — | as long as short |
| Aster APRUSDT | +0.0686% | 4h | 0.1469 | +0.023% | $71K | $78K | 5x | as long as short |
BloFin APR-USDT
Binance APRUSDT
Bybit APRUSDT
MEXC APR_USDT
SunX APR-USDT
HTX APR-USDT
Bitget APRUSDT
BingX APR-USDT
Aster APRUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APR_USDT | +0.0876% | 4h | 0.1469 | −0.027% | $697K | $213K | 25x | as long as short |
| KuCoin APRUSDTMlong | +0.0880% | 4h | 0.1469 | long leg | $2.4M | $346K | 50x |
Gate APR_USDT