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

BAT

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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−0.190%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$559as in the Funding arb table
Net, price: spread back to 7d avg − costs−$581as in the Price arb table
costs, in and out, $10k−$5665.659% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.070%+$7 on $10k
Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.190%, 7d avg −0.038%
Together, before fees+0.137%+$14 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 0.152% cheaper against KuCoin than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BATUSDTM0.084200.0100pay 0.0100% / 8h7h 37m$265K$61K20x
ShortOKX BAT-USDT-SWAP0.084040.0100get 0.0100% / 8h7h 37m$532K$464K20x

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: −0.190% → −0.038%
−$15.23
Slippage, 4 orders
−$543.87
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$581.09
Costs to cover
5.659%
Break-even
never at this rate
Slippage from KuCoin: live order book, 13 min ago; OKX: live order book, 33 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, 13 min ago11.89 bp296.6 bp −$297doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 33 min ago0.60 bp29.1 bp −$29doesn't fitdoesn't fitdoesn't fit

BAT 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_BATUSD−0.0342%1h0.08404−0.190%$115K$17K10xas long as short
BloFin BAT-USDT+0.0085%8h0.08410−0.119%$99K$22K50xas long as short
Binance BATUSDT+0.0100%8h0.08408−0.143%$1.9M$2.1M50xas long as short
Bybit BATUSDT+0.0100%8h0.08408−0.143%$1.1M$446K25xas long as short
OKX BAT-USDT-SWAPshort+0.0100%8h0.08404−0.190%$532K$464K20x
Gate BAT_USDT+0.0100%8h0.08407−0.154%$84K$53K25xas long as short
MEXC BAT_USDT+0.0100%8h0.08410−0.119%$876K$625K125xas long as short
KuCoin BATUSDTMlong+0.0100%8h0.08420long leg$265K$61K20x
Bitget BATUSDT+0.0100%8h0.08413−0.083%$685K$187K50xas long as short
BingX BAT-USDT+0.0100%8h0.08409−0.131%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BAT+0.0100%8h0.08419−0.015%$114K$78as long as short