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

ESP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against OKX+0.032%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$229as in the Price arb table
costs, in and out, $10k−$2262.264% 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+0.043%+$4 · spread now +0.032%, 7d avg +0.055%
Together, before fees+0.360%+$36 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: KuCoin is 0.023% cheaper against OKX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ESP-USDT-SWAP0.094680.0100pay 0.0050% / 4h1h 35m$601K$1.1M20x
ShortKuCoin ESPUSDTM0.094710.0100get 0.0050% / 4h1h 35m$1.5M$40K25x

Funding 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 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: +0.032% → +0.055%
−$2.29
Slippage, 4 orders
−$204.44
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$228.73
Costs to cover
2.264%
Break-even
never at this rate
Slippage from OKX: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 1 min ago3.17 bp29.8 bp −$30477.2 bp −$4,772doesn't fitdoesn't fit
Sell KuCoin live order book, 11 min ago12.12 bp73.5 bp −$74doesn'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
Aster ESPUSDT+0.0100%4h0.09465−0.035%$7K$17K5xas long as short
Binance ESPUSDT+0.0100%4h0.09462−0.063%$2.4M$4.0M25xas long as short
OKX ESP-USDT-SWAPlong+0.0100%4h0.09468long leg$601K$1.1M20x
Gate ESP_USDT+0.0100%8h0.09465−0.032%$189K$601K50xas long as short
MEXC ESP_USDT+0.0100%4h0.09463−0.053%$1.3M$127K20xas long as short
KuCoin ESPUSDTMshort+0.0100%4h0.09471+0.032%$1.5M$40K25x
Bitget ESPUSDT+0.0100%4h0.09468−0.002%$952K$136K20xas long as short
edgeX ESPUSDC+0.0118%4h0.09472+0.041%$29K$267K10xas long as short
BloFin ESP-USDT+0.0133%4h0.09465−0.032%$127K$33K25xas long as short
BingX ESP-USDT+0.0522%4h0.09470+0.021%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ESPUSDT+0.0641%4h0.09450−0.190%$1.1M$650K50xas long as short