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

AUCTION

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against KuCoin+0.054%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$601as in the Funding arb table
Net, price: spread back to 7d avg − costs−$613as in the Price arb table
costs, in and out, $10k−$6186.184% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.178%+$18 on $10k
Price spread, last 4 days (all we have)+0.090%+$9 · spread now +0.054%, 7d avg −0.002%
Together, before fees+0.267%+$27 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: OKX is 0.055% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AUCTIONUSDTM3.72800.0100pay 0.0050% / 4h2h 51m$366K$113K20x
ShortOKX AUCTION-USDT-SWAP3.73000.0100get 0.0050% / 4h2h 51m$790K$695K20x

Funding 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 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: +0.054% → −0.002%
$5.52
Slippage, 4 orders
−$596.37
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$612.85
Costs to cover
6.184%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; OKX: live order book, 59 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 KuCoin live order book, 6 min ago6.74 bp284.6 bp −$285doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 59 min ago4.04 bp25.9 bp −$26810.3 bp −$8,103doesn't fitdoesn't fit

AUCTION 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
Kraken Futures PF_AUCTIONUSD+0.0004%1h3.7315+0.095%$8K$25910xas long as short
Aster AUCTIONUSDT+0.0100%4h3.7251−0.079%$930$3K5xas long as short
Binance AUCTIONUSDT+0.0100%4h3.7310+0.080%$2.5M$1.6M50xas long as short
Bybit AUCTIONUSDT+0.0100%4h3.7330+0.134%$595K$267K25xas long as short
OKX AUCTION-USDT-SWAPshort+0.0100%4h3.7300+0.054%$790K$695K20x
Gate AUCTION_USDT+0.0100%8h3.7240−0.107%$106K$63K50xas long as short
MEXC AUCTION_USDT+0.0100%4h3.7300+0.054%$447K$142K20xas long as short
KuCoin AUCTIONUSDTMlong+0.0100%4h3.7280long leg$366K$113K20x
Bitget AUCTIONUSDT+0.0100%4h3.7300+0.054%$376K$153K25xas long as short
BingX AUCTION-USDT+0.0100%4h3.7300+0.054%$13.8Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AUCTION+0.0100%4h3.7109−0.460%$172$38as long as short