Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%
Price spread now: KuCoin against OKX−0.101%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1461.459% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 7 days+0.044%+$4 · spread now −0.101%, 7d avg −0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.084% cheaper against OKX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ETHFI-USDT-SWAP | 0.6954 | 0.0100 | pay 0.0050% / 4h | 2h 36m | $5.0M | $12.3M | 20x |
| Short | KuCoin ETHFIUSDTM | 0.6947 | 0.0100 | get 0.0050% / 4h | 2h 36m | $1.2M | $232K | 50x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.101% → −0.016%
- −$8.44
- Slippage, 4 orders
- −$123.9
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$154.34
- Costs to cover
- 1.459%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; KuCoin: live order book, 4 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 OKX live order book, 2 min ago | 1.44 bp | 14.4 bp −$14 | 37.8 bp −$378 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 9.41 bp | 53.6 bp −$54 | 208.0 bp −$2,080 | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0470% | 1h | 0.6942 | −0.173% | $39K | $10K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0411% | 1h | 0.6961 | +0.094% | $285K | $277K | 20x | as long as short |
| HTX ETHFI-USDT | −0.0409% | 4h | 0.6940 | −0.201% | $80K | $183K | 20x | as long as short |
| Bybit ETHFIUSDT | −0.0282% | 4h | 0.6949 | −0.072% | $17.3M | $12.8M | 25x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0263% | 4h | 0.6938 | −0.230% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0092% | 4h | 0.6932 | −0.310% | $947K | $722K | — | as long as short |
| Binance ETHFIUSDT | −0.0024% | 4h | 0.6947 | −0.101% | $24.1M | $35.6M | 75x | as long as short |
| Extended ETHFI-USD | −0.0024% | 1h | 0.6937 | −0.250% | $94K | $502K | 10x | as long as short |
| MEXC ETHFI_USDT | −0.0022% | 4h | 0.6945 | −0.129% | $15.7M | $4.1M | 125x | as long as short |
| Aster ETHFIUSDT | −0.0002% | 4h | 0.6951 | −0.046% | $178K | $260K | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex ETHFI-USD-PERP | +0.0005% | 8h | 0.6948 | −0.087% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +4.113% | $321 | $51K | 5.5x | as long as short |
| Aevo ETHFI-PERP | +0.0072% | 1h | 0.6943 | −0.162% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6950 | −0.058% | $1.1M | $831K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6951 | −0.049% | $16.9M | $8.4M | 5x | as long as short |
| OKX ETHFI-USDT-SWAPlong | +0.0100% | 4h | 0.6954 | long leg | $5.0M | $12.3M | 20x | |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6951 | −0.043% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTMshort | +0.0100% | 4h | 0.6947 | −0.101% | $1.2M | $232K | 50x | |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6946 | −0.115% | $6.0M | $5.3M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.6950 | −0.058% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6952 | −0.026% | $63K | $127K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6959 | +0.072% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0217% | 4h | 0.6942 | −0.173% | $1.2M | $237K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0376% | 1h | 0.7054 | +1.438% | $31K | $5K | 50x | as long as short |
OKX ETHFI-USDT-SWAP
KuCoin ETHFIUSDTM
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
HTX ETHFI-USDT
Bybit ETHFIUSDT
Variational Omni ETHFI
Binance ETHFIUSDT
Extended ETHFI-USD
MEXC ETHFI_USDT
Aster ETHFIUSDT
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Lighter ETHFI
Hyperliquid ETHFI
Gate ETHFI_USDT
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX