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: KuCoin against OKX+0.048%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1651.646% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 4 days (all we have)−0.191%−$19 · spread now +0.048%, 7d avg −0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.056% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GMT-USDT-SWAP | 0.008386 | 0.0100 | pay 0.0050% / 4h | 3h 37m | $353K | $574K | 20x |
| Short | KuCoin GMTUSDTM | 0.008390 | 0.0100 | get 0.0050% / 4h | 3h 37m | $245K | $98K | 50x |
OKX GMT-USDT-SWAP
KuCoin GMTUSDTMFunding 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: +0.048% → −0.009%
- $5.64
- Slippage, 4 orders
- −$142.63
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$158.99
- Costs to cover
- 1.646%
- Break-even
- never at this rate
Slippage from OKX: live order book, 33 min ago; KuCoin: live order book, 13 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, 33 min ago | 2.40 bp | 36.1 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 13 min ago | 11.95 bp | 49.8 bp −$50 | 232.8 bp −$2,328 | doesn't fit | doesn't fit |
GMT on 12 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_GMTUSD | −0.1378% | 1h | 0.008394 | +0.096% | $46K | $11K | 20x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008393 | +0.083% | $125K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008385 | −0.017% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008387 | +0.014% | $2.7M | $3.1M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008386 | 0.000% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAPlong | +0.0100% | 4h | 0.008386 | long leg | $353K | $574K | 20x | |
| Gate GMT_USDT | +0.0100% | 8h | 0.008390 | +0.048% | $145K | $107K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008386 | 0.000% | $425K | $185K | 20x | as long as short |
| KuCoin GMTUSDTMshort | +0.0100% | 4h | 0.008390 | +0.048% | $245K | $98K | 50x | |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008382 | −0.048% | $674K | $397K | 50x | as long as short |
Kraken Futures PF_GMTUSD
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
Gate GMT_USDT
MEXC GMT_USDT
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDT | +0.0100% | 4h | 0.008384 | −0.024% | — | $1.2M | — | as long as short |
| Variational Omni GMT | +0.0100% | 8h | 0.008399 | +0.157% | $3K | $5K | — | as long as short |
BingX GMT-USDT
Variational Omni GMT