Funding you earn now, next payment 00:00 UTC+0.0035%/8h= +3.9% APRnext payment +$0.35 per $10,000 · paid last 24h −0.026%
Price spread now: OKX against KuCoin+0.163%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$480.476% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 7 days−0.172%−$17 · spread now +0.163%, 7d avg −0.023%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.185% dearer against KuCoin than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FILUSDTM | 0.9839 | −0.0025 | get 0.0025% / 8h | 23m 11s | $7.4M | $7.1M | 50x |
| Short | OKX FIL-USDT-SWAP | 0.9855 | 0.0010 | get 0.0010% / 8h | 23m 11s | $18.1M | $99.0M | 50x |
KuCoin FILUSDTM
OKX FIL-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
- $7.39
- Price spread: +0.163% → −0.023%
- $18.55
- Slippage, 4 orders
- −$25.59
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$21.65
- Costs to cover
- 0.476%
- Break-even
- 27.5 days
Slippage from KuCoin: live order book, 5 min ago; OKX: live order book, 6 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, 5 min ago | 1.01 bp | 14.9 bp −$15 | 39.0 bp −$390 | doesn't fit | doesn't fit |
| Sell OKX live order book, 6 min ago | 0.51 bp | 8.9 bp −$9 | 17.1 bp −$171 | 88.3 bp −$8,832 | doesn't fit |
FIL on 29 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 FIL_USDC-PERPETUAL | −0.0662% | 1h | 0.9856 | +0.173% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0395% | 1h | 0.9858 | +0.188% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0352% | 1h | 0.9828 | −0.112% | $315K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0245% | 1h | 0.9855 | +0.163% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTMlong | −0.0025% | 8h | 0.9839 | long leg | $7.4M | $7.1M | 50x | |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9846 | +0.073% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9835 | −0.045% | $57K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAPshort | +0.0010% | 8h | 0.9855 | +0.163% | $18.1M | $99.0M | 50x | |
| Bitget FILUSDT | +0.0033% | 8h | 0.9845 | +0.061% | $10.8M | $21.6M | 75x | as long as short |
| Bybit FILUSDT | +0.0045% | 8h | 0.9859 | +0.203% | $15.4M | $18.4M | 25x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Bitget FILUSDT
Bybit FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0045% | 8h | 0.9857 | +0.183% | $57.1M | $179.3M | 75x | as long as short |
| Extended FIL-USD | +0.0048% | 1h | 0.9841 | +0.019% | $689K | $2.3M | 10x | as long as short |
| MEXC FIL_USDC | +0.0048% | 8h | 0.9829 | −0.102% | $249K | $104K | 50x | as long as short |
| BingX FIL-USDC | +0.0051% | 8h | 0.9843 | +0.041% | — | $6.5M | — | as long as short |
| Gate FIL_USDT | +0.0077% | 8h | 0.9840 | +0.010% | $8.1M | $16.4M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9848 | +0.094% | $158K | $348K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9838 | −0.006% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9843 | +0.039% | $494K | $546K | 20x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9855 | +0.166% | $439K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9834 | −0.046% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9856 | +0.169% | $294K | $805K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9840 | +0.010% | $30K | $198K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9851 | +0.127% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9850 | +0.112% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9847 | +0.081% | $483 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9856 | +0.173% | $628K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9850 | +0.112% | $1.1M | $2.4M | 50x | as long as short |
| BloFin FIL-USDT | +0.0165% | 8h | 0.9842 | +0.030% | $2.7M | $570K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0570% / S −0.0666% | 1h | 0.9846 | +0.073% | $195K | — | 100x | as long as short |
Binance FILUSDT
Extended FIL-USD
MEXC FIL_USDC
BingX FIL-USDC
Gate FIL_USDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]