Funding you earn now, next payment 08:00 UTC−0.0029%/8h= −3.1% APRnext payment −$0.29 per $10,000 · paid last 24h −0.024%
Price spread now: OKX against KuCoin−0.164%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1751.755% of the position
Funding, last 7 days−0.055%−$6 on $10k
+Price spread, last 7 days+0.208%+$21 · spread now −0.164%, 7d avg −0.030%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.135% cheaper against KuCoin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.030%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ENSUSDTM | 6.6990 | 0.0100 | pay 0.0100% / 8h | 5h 59m | $1.8M | $146K | 50x |
| Short | OKX ENS-USDT-SWAP | 6.6880 | 0.0071 | get 0.0071% / 8h | 5h 59m | $2.3M | $3.4M | 20x |
KuCoin ENSUSDTM
OKX ENS-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
- −$6.02
- Price spread: −0.164% → −0.030%
- −$13.47
- Slippage, 4 orders
- −$153.48
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$194.97
- Costs to cover
- 1.755%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; OKX: live order book, 3 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, 2 min ago | 8.95 bp | 78.9 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.99 bp | 18.5 bp −$19 | 90.2 bp −$902 | doesn't fit | doesn't fit |
ENS 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ENSUSD | −0.0813% | 1h | 6.6842 | −0.221% | $90K | $440K | 20x | as long as short |
| OKX ENS-USDT-SWAPshort | +0.0071% | 8h | 6.6880 | −0.164% | $2.3M | $3.4M | 20x | |
| Hyperliquid ENS | +0.0100% | 1h | 6.7014 | +0.036% | $3.1M | $305K | 5x | as long as short |
| Aster ENSUSDT | +0.0100% | 8h | 6.6932 | −0.087% | $12K | $106K | 10x | as long as short |
| Binance ENSUSDT | +0.0100% | 8h | 6.7005 | +0.023% | $5.2M | $13.8M | 75x | as long as short |
| Bybit ENSUSDT | +0.0100% | 8h | 6.6890 | −0.149% | $5.4M | $3.7M | 75x | as long as short |
| Gate ENS_USDT | +0.0100% | 8h | 6.6930 | −0.090% | $455K | $562K | 75x | as long as short |
| MEXC ENS_USDT | +0.0100% | 8h | 6.6990 | 0.000% | $5.4M | $725K | 75x | as long as short |
| KuCoin ENSUSDTMlong | +0.0100% | 8h | 6.6990 | long leg | $1.8M | $146K | 50x | |
| Bitget ENSUSDT | +0.0100% | 8h | 6.6990 | 0.000% | $2.9M | $1.3M | 75x | as long as short |
Kraken Futures PF_ENSUSD
Hyperliquid ENS
Aster ENSUSDT
Binance ENSUSDT
Bybit ENSUSDT
Gate ENS_USDT
MEXC ENS_USDT
Bitget ENSUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ENS-USDT | +0.0100% | 8h | 6.6900 | −0.134% | — | $7.8M | — | as long as short |
| Variational Omni ENS | +0.0100% | 8h | 6.6913 | −0.115% | $107K | $8K | — | as long as short |
| ApeX Omni ENSUSDT | +0.0100% | 1h | 6.6990 | 0.000% | $25K | $596K | 50x | as long as short |
| Extended ENS-USD | +0.0104% | 1h | 6.7002 | +0.018% | $6K | $113K | 10x | as long as short |
BingX ENS-USDT
Variational Omni ENS
ApeX Omni ENSUSDT
Extended ENS-USD