Funding you earn now, next payment 12:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h −0.051%
Price spread now: OKX against KuCoin−0.123%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$732as in the Funding arb table
Net, price: spread back to 7d avg − costs−$737as in the Price arb table
costs, in and out, $10k−$7297.292% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+0.153%+$15 · spread now −0.123%, 7d avg −0.049%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.074% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.049%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BREVUSDTM | 0.08950 | 0.0100 | pay 0.0050% / 4h | 1h 27m | $446K | $67K | 50x |
| Short | OKX BREV-USDT-SWAP | 0.08939 | 0.0068 | get 0.0034% / 4h | 1h 27m | $533K | $1.2M | 20x |
KuCoin BREVUSDTM
OKX BREV-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
- −$6.79
- Price spread: −0.123% → −0.049%
- −$7.36
- Slippage, 4 orders
- −$707.2
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$743.35
- Costs to cover
- 7.292%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; OKX: live order book, 2 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, 7 min ago | 28.11 bp | 271.0 bp −$271 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 6.71 bp | 30.3 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
BREV on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BREVUSDT | +0.0040% | 4h | 0.08946 | −0.043% | $15K | $4K | 5x | as long as short |
| OKX BREV-USDT-SWAPshort | +0.0068% | 4h | 0.08939 | −0.123% | $533K | $1.2M | 20x | |
| Binance BREVUSDT | +0.0100% | 4h | 0.08941 | −0.102% | $1.6M | $3.7M | 50x | as long as short |
| Bybit BREVUSDT | +0.0100% | 4h | 0.08949 | −0.011% | $558K | $1.1M | 50x | as long as short |
| Gate BREV_USDT | +0.0100% | 8h | 0.08950 | 0.000% | $73K | $140K | 50x | as long as short |
| MEXC BREV_USDT | +0.0100% | 4h | 0.08947 | −0.034% | $4.0M | $377K | 20x | as long as short |
| KuCoin BREVUSDTMlong | +0.0100% | 4h | 0.08950 | long leg | $446K | $67K | 50x | |
| Bitget BREVUSDT | +0.0100% | 4h | 0.08948 | −0.022% | $461K | $329K | 20x | as long as short |
| BingX BREV-USDT | +0.0100% | 4h | 0.08942 | −0.089% | — | $2.7M | — | as long as short |
| Variational Omni BREV | +0.0100% | 4h | 0.08925 | −0.280% | $175 | $1 | — | as long as short |
Aster BREVUSDT
Binance BREVUSDT
Bybit BREVUSDT
Gate BREV_USDT
MEXC BREV_USDT
Bitget BREVUSDT
BingX BREV-USDT
Variational Omni BREVShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX BREV-USDT | +0.0100% | 4h | 0.08940 | −0.112% | $1K | $2.6M | 20x | as long as short |
SunX BREV-USDT