Funding you earn now, next payment 00:00 UTC+0.0058%/8h= +6.3% APRnext payment +$0.29 per $10,000 · paid last 24h +0.001%
Price spread now: KuCoin against OKX−0.071%7-day average +0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$300as in the Funding arb table
Net, price: spread back to 7d avg − costs−$316as in the Price arb table
costs, in and out, $10k−$2992.995% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.672%+$67 · spread now −0.071%, 7d avg +0.090%
=Funding pays, the price is against you. KuCoin is 0.161% cheaper against OKX than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of +0.090%). If the spread goes back, that is −$16 on $10k: about 9.3 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ATH-USDT-SWAP | 0.005607 | 0.0042 | pay 0.0021% / 4h | 2h 20m | $719K | $1.3M | 20x |
| Short | KuCoin ATHUSDTM | 0.005603 | 0.0100 | get 0.0050% / 4h | 2h 20m | $562K | $84K | 30x |
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
- $12.11
- Price spread: −0.071% → +0.090%
- −$16.14
- Slippage, 4 orders
- −$277.47
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$303.5
- Costs to cover
- 2.995%
- Break-even
- 182.4 days
Slippage from OKX: live order book, 1 min ago; KuCoin: live order book, 62 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 OKX live order book, 1 min ago | 7.14 bp | 65.9 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 62 min ago | 12.76 bp | 77.6 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
ATH on 13 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_ATHUSD | −0.3496% | 1h | 0.005602 | −0.084% | $20K | $107K | 10x | as long as short |
| Variational Omni ATH | −0.0146% | 4h | 0.005626 | +0.335% | $189K | $94K | — | as long as short |
| dYdX ATH-USD | 0.0000% | 1h | 0.005630 | +0.404% | $11K | $16 | 5x | as long as short |
| OKX ATH-USDT-SWAPlong | +0.0042% | 4h | 0.005607 | long leg | $719K | $1.3M | 20x | |
| Aster ATHUSDT | +0.0100% | 4h | 0.005608 | +0.013% | $7K | $34K | 5x | as long as short |
| Binance ATHUSDT | +0.0100% | 4h | 0.005603 | −0.073% | $3.4M | $3.9M | 50x | as long as short |
| Bybit ATHUSDT | +0.0100% | 4h | 0.005600 | −0.125% | $4.5M | $2.3M | 25x | as long as short |
| Gate ATH_USDT | +0.0100% | 4h | 0.005602 | −0.089% | $803K | $531K | 30x | as long as short |
| MEXC ATH_USDT | +0.0100% | 4h | 0.005611 | +0.071% | $8.9M | $666K | 50x | as long as short |
| KuCoin ATHUSDTMshort | +0.0100% | 4h | 0.005603 | −0.071% | $562K | $84K | 30x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ATHUSDT | +0.0100% | 4h | 0.005602 | −0.089% | $1.6M | $805K | 25x | as long as short |
| BingX ATH-USDT | +0.0100% | 4h | 0.005609 | +0.036% | — | $21.7M | — | as long as short |
| BloFin ATH-USDT | +0.0142% | 4h | 0.005632 | +0.446% | $173K | $62K | 75x | as long as short |
OKX ATH-USDT-SWAP
KuCoin ATHUSDTM
Kraken Futures PF_ATHUSD
Variational Omni ATH
Aster ATHUSDT
Binance ATHUSDT
Bybit ATHUSDT
Gate ATH_USDT
MEXC ATH_USDT
Bitget ATHUSDT
BingX ATH-USDT
BloFin ATH-USDT