Funding you earn now, next payment 08:00 UTC+0.0875%/8h= +95.8% APRnext payment +$4.38 per $10,000 · paid last 24h +0.044%
Price spread now: OKX against KuCoin−0.073%7-day average +0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$1851.851% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 7 days−0.050%−$5 · spread now −0.073%, 7d avg +0.039%
=Funding pays, the price is against you. OKX is 0.112% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.073% now, against its 7-day average of +0.039%). If the spread goes back, that is −$11 on $10k: about 10 hours of funding at the current rate (+$26 a day). At the pace of the last 7 days (+0.068% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.068% in total (about 3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.38 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 | KuCoin CASHCATUSDTM | 0.1635 | 0.0100 | pay 0.0050% / 4h | 1h 23m | $574K | $2.4M | 10x |
| Short | OKX CASHCAT-USDT-SWAP | 0.1634 | 0.0975 | get 0.0488% / 4h | 1h 23m | $1.4M | $12.2M | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $183.78
- Price spread: −0.073% → +0.039%
- −$11.23
- Slippage, 4 orders
- −$163.05
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$12.51
- Costs to cover
- 1.851%
- Break-even
- 7.5 days
Slippage from KuCoin: live order book, 3 min ago; OKX: live order book, 5 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, 3 min ago | 5.80 bp | 68.1 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 6.10 bp | 22.8 bp −$23 | 73.0 bp −$730 | doesn't fit | doesn't fit |
CASHCAT on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter CASHCAT | −0.0288% | 1h | 0.1636 | +0.073% | $1.1M | $1.8M | 3x | as long as short |
| Lighter RH CASHCAT | +0.0096% | 1h | 0.1638 | +0.196% | $345K | $965K | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1635 | −0.031% | $44.7M | $20.3M | 3x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1636 | +0.024% | $1.5M | $2.0M | 20x | as long as short |
| KuCoin CASHCATUSDTMlong | +0.0100% | 4h | 0.1635 | long leg | $574K | $2.4M | 10x | |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1639 | +0.258% | $1.1M | $1.8M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1640 | +0.287% | $74K | $59K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1636 | +0.070% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1638 | +0.177% | $491 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1639 | +0.216% | $20K | $289K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CASHCATUSDT | +0.0192% | 4h | 0.1635 | −0.012% | $12.2M | $19.2M | 10x | as long as short |
| MEXC CASHCAT_USDT | +0.0206% | 4h | 0.1637 | +0.092% | $8.2M | $530K | 20x | as long as short |
| Nado CASHCAT-PERP | +0.0339% | 1h | 0.1630 | −0.339% | $205K | $194K | 5x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1634 | −0.082% | $106K | $756K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0678% | 1h | 0.1637 | +0.128% | $64K | $1.3M | 3x | as long as short |
| edgeX CASHCATUSDC | +0.0722% | 4h | 0.1640 | +0.264% | $50K | $168K | 5x | as long as short |
| Aster CASHCATUSDT | +0.0884% | 1h | 0.1636 | +0.055% | $548K | $1.1M | 10x | as long as short |
| BingX CASHCAT-USDT | +0.0924% | 4h | 0.1634 | −0.073% | — | $1.1M | — | as long as short |
| OKX CASHCAT-USDT-SWAPshort | +0.0975% | 4h | 0.1634 | −0.073% | $1.4M | $12.2M | 20x | |
| Arcus CASHCAT-USD | +0.0990% | 1h | 0.1642 | +0.420% | $117K | $296K | 5x | as long as short |
| BloFin CASHCAT-USDT | +0.1250% | 4h | 0.1638 | +0.171% | $52K | $563K | 20x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1664 | +1.761% | $8K | $19K | 5.5x | as long as short |
KuCoin CASHCATUSDTM
OKX CASHCAT-USDT-SWAP
Lighter CASHCAT
Lighter RH CASHCAT
Hyperliquid CASHCAT
Gate CASHCAT_USDT
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
Bybit CASHCATUSDT
MEXC CASHCAT_USDT
Extended CASHCAT-USD
Polymarket Perps CASHCAT-USD
edgeX CASHCATUSDC
Aster CASHCATUSDT
BingX CASHCAT-USDT
BloFin CASHCAT-USDT
Injective CASHCAT/USDC PERP