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−0.027%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$428as in the Funding arb table
Net, price: spread back to 7d avg − costs−$413as in the Price arb table
costs, in and out, $10k−$4104.104% of the position
Funding, last 7 days−0.178%−$18 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now −0.027%, 7d avg +0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.029% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AUCTION-USDT-SWAP | 3.7650 | 0.0100 | pay 0.0050% / 4h | 3h 02m | $800K | $746K | 20x |
| Short | KuCoin AUCTIONUSDTM | 3.7640 | 0.0100 | get 0.0050% / 4h | 3h 02m | $349K | $132K | 20x |
OKX AUCTION-USDT-SWAP
KuCoin AUCTIONUSDTMFunding 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
- $0
- Price spread: −0.027% → +0.002%
- −$2.86
- Slippage, 4 orders
- −$388.38
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$413.23
- Costs to cover
- 4.104%
- Break-even
- never at this rate
Slippage from OKX: live order book, 29 min ago; KuCoin: live order book, 20 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, 29 min ago | 4.04 bp | 34.5 bp −$34 | 917.9 bp −$9,179 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 20 min ago | 9.37 bp | 173.9 bp −$174 | doesn't fit | doesn't fit | doesn't fit |
AUCTION on 11 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_AUCTIONUSD | −0.0712% | 1h | 3.7625 | −0.066% | $8K | $4K | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.7631 | −0.049% | $723 | $3K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.7630 | −0.053% | $2.5M | $2.0M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.7650 | 0.000% | $576K | $349K | 25x | as long as short |
| OKX AUCTION-USDT-SWAPlong | +0.0100% | 4h | 3.7650 | long leg | $800K | $746K | 20x | |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.7630 | −0.053% | $103K | $76K | 50x | as long as short |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.7630 | −0.053% | $440K | $157K | 20x | as long as short |
| KuCoin AUCTIONUSDTMshort | +0.0100% | 4h | 3.7640 | −0.027% | $349K | $132K | 20x | |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.7630 | −0.053% | $367K | $180K | 25x | as long as short |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.7650 | 0.000% | — | $16.7M | — | as long as short |
Kraken Futures PF_AUCTIONUSD
Aster AUCTIONUSDT
Binance AUCTIONUSDT
Bybit AUCTIONUSDT
Gate AUCTION_USDT
MEXC AUCTION_USDT
Bitget AUCTIONUSDT
BingX AUCTION-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.7659 | +0.023% | $175 | $38 | — | as long as short |
Variational Omni AUCTION