CAP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0304%/8h= +33.3% APRnext payment +$1.52 per $10,000 · paid last 24h +0.003%

Price spread now: OKX against KuCoin+0.043%7-day average −0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$160as in the Funding arb table

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$1261.257% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.342%−$34 on $10k

Price spread, last 7 days−0.307%−$31 · spread now +0.043%, 7d avg −0.063%

Together, before fees−0.650%−$65 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and OKX is 0.106% dearer against KuCoin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.063%. Mind the row above: over the last 7 days funding on this pair cost −0.342%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CAPUSDTM	0.04632	−0.0204	get 0.0102% / 4h	26m 32s	$4.4M	$1.4M	10x
Short	OKX CAP-USDT-SWAP	0.04634	0.0100	get 0.0050% / 4h	26m 32s	$2.0M	$7.3M	10x

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

Position, each leg$Hold fordaysFee KuCoinbpFee OKXbpOrdersPrice spread, now +0.043%Rate

Funding earned: $63.84
Price spread: +0.043% → −0.063%: $10.57
Slippage, 4 orders: −$103.72
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$51.31
Costs to cover: 1.257%
Break-even: 12.6 days

Slippage from KuCoin: live order book, 1 min ago; OKX: live order book, 1 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, 1 min ago	4.32 bp	53.6 bp −$54	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	1.08 bp	16.7 bp −$17	93.3 bp −$933	doesn't fit	doesn't fit

CAP on 14 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
KuCoin CAPUSDTMlong	−0.0204%	4h	0.04632	long leg	$4.4M	$1.4M	10x
gTrade (Gains Network) CAP/USD	L 0.0000% / S 0.0000%	1h	0.04633	+0.019%	—	—	150x	as long as short
BloFin CAP-USDT	+0.0055%	4h	0.04631	−0.022%	$370K	$60K	10x	as long as short
BingX CAP-USDT	+0.0070%	4h	0.04628	−0.086%	—	$1.6M	—	as long as short
Lighter CAP	+0.0096%	1h	0.04634	+0.032%	$19K	$2K	3x	as long as short
Aster CAPUSDT	+0.0100%	4h	0.04635	+0.060%	$26K	$67K	5x	as long as short
Binance CAPUSDT	+0.0100%	4h	0.04632	0.000%	$8.8M	$9.0M	10x	as long as short
Bybit CAPUSDT	+0.0100%	4h	0.04630	−0.043%	$4.5M	$4.2M	10x	as long as short
OKX CAP-USDT-SWAPshort	+0.0100%	4h	0.04634	+0.043%	$2.0M	$7.3M	10x
Gate CAP_USDT	+0.0100%	4h	0.04635	+0.065%	$324K	$1.2M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC CAP_USDT	+0.0100%	4h	0.04633	+0.022%	$530K	$232K	20x	as long as short
Bitget CAPUSDT	+0.0100%	4h	0.04632	0.000%	$1.0M	$605K	10x	as long as short
Variational Omni CAP	+0.0100%	4h	0.04641	+0.198%	$8K	$8K	—	as long as short
Orderly PERP_CAP_USDC_mythos	+0.0100%	4h	0.04638	+0.125%	$4K	$1K	10x	as long as short