Funding you earn now, next payment 08:00 UTC+0.0818%/8h= +89.6% APRnext payment +$4.09 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against OKX−0.044%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$714as in the Funding arb table
Net, price: spread back to 7d avg − costs−$720as in the Price arb table
costs, in and out, $10k−$7107.105% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.044%, 7d avg +0.048%
=Funding pays, the price is against you. KuCoin is 0.092% cheaper against OKX than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of +0.048%). If the spread goes back, that is −$9 on $10k: about 9 hours of funding at the current rate (+$25 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.039% in total (about -2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.09 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BREV-USDT-SWAP | 0.09084 | −0.0718 | get 0.0359% / 4h | 22m 38s | $545K | $1.1M | 20x |
| Short | KuCoin BREVUSDTM | 0.09080 | 0.0100 | get 0.0050% / 4h | 22m 38s | $457K | $64K | 50x |
OKX BREV-USDT-SWAP
KuCoin BREVUSDTMFunding 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
- $171.8
- Price spread: −0.044% → +0.048%
- −$9.17
- Slippage, 4 orders
- −$688.46
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$547.82
- Costs to cover
- 7.105%
- Break-even
- 29.3 days
Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 11 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, 4 min ago | 0.55 bp | 35.8 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 11 min ago | 32.90 bp | 200.9 bp −$201 | doesn't fit | doesn't fit | doesn't fit |
BREV 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX BREV-USDT-SWAPlong | −0.0718% | 4h | 0.09084 | long leg | $545K | $1.1M | 20x | |
| Aster BREVUSDT | −0.0385% | 4h | 0.09107 | +0.248% | $16K | $4K | 5x | as long as short |
| Bybit BREVUSDT | −0.0024% | 4h | 0.09099 | +0.165% | $551K | $921K | 50x | as long as short |
| Binance BREVUSDT | +0.0100% | 4h | 0.09083 | −0.011% | $1.6M | $3.2M | 50x | as long as short |
| Gate BREV_USDT | +0.0100% | 8h | 0.09090 | +0.066% | $55K | $92K | 50x | as long as short |
| MEXC BREV_USDT | +0.0100% | 4h | 0.09079 | −0.055% | $4.0M | $355K | 20x | as long as short |
| KuCoin BREVUSDTMshort | +0.0100% | 4h | 0.09080 | −0.044% | $457K | $64K | 50x | |
| Bitget BREVUSDT | +0.0100% | 4h | 0.09087 | +0.033% | $451K | $260K | 20x | as long as short |
| BingX BREV-USDT | +0.0100% | 4h | 0.09085 | +0.011% | — | $2.3M | — | as long as short |
| Variational Omni BREV | +0.0100% | 4h | 0.09084 | +0.004% | $178 | $105 | — | as long as short |
Aster BREVUSDT
Bybit BREVUSDT
Binance BREVUSDT
Gate BREV_USDT
MEXC BREV_USDT
Bitget BREVUSDT
BingX BREV-USDT
Variational Omni BREVShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX BREV-USDT | +0.0100% | 4h | 0.09080 | −0.044% | $1K | $2.2M | 20x | as long as short |
SunX BREV-USDT