Settings8H · net · $10k
Funding arb · Price arb /

ESP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against KuCoin+0.075%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$257as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$2262.257% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.317%−$32 on $10k
Price spread, last 7 days−0.138%−$14 · spread now +0.075%, 7d avg −0.055%
Together, before fees−0.455%−$45 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.130% dearer against KuCoin than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ESPUSDTM0.093300.0100pay 0.0050% / 4h45m 32s$1.5M$45K25x
ShortOKX ESP-USDT-SWAP0.093370.0100get 0.0050% / 4h45m 32s$590K$1.1M20x

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

Funding earned
$0
Price spread: +0.075% → −0.055%
$13.02
Slippage, 4 orders
−$203.69
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$212.67
Costs to cover
2.257%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 5 min ago15.00 bp100.2 bp −$100830.8 bp −$8,308doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago1.07 bp21.1 bp −$21doesn't fitdoesn't fitdoesn't fit

ESP on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ESP-USDT+0.0036%4h0.09324−0.064%$1.7Mas long as short
Aster ESPUSDT+0.0100%4h0.09325−0.054%$6K$18K5xas long as short
Binance ESPUSDT+0.0100%4h0.09325−0.050%$2.4M$4.1M25xas long as short
OKX ESP-USDT-SWAPshort+0.0100%4h0.09337+0.075%$590K$1.1M20x
Gate ESP_USDT+0.0100%8h0.09329−0.011%$174K$595K50xas long as short
MEXC ESP_USDT+0.0100%4h0.09325−0.054%$1.2M$119K20xas long as short
KuCoin ESPUSDTMlong+0.0100%4h0.09330long leg$1.5M$45K25x
Bitget ESPUSDT+0.0100%4h0.09330−0.002%$937K$136K20xas long as short
edgeX ESPUSDC+0.0101%4h0.09319−0.116%$29K$268K10xas long as short
BloFin ESP-USDT+0.0144%4h0.09316−0.150%$124K$32K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ESPUSDT+0.0392%4h0.09308−0.236%$1.1M$613K50xas long as short