H

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.002%

Price spread now: OKX against KuCoin+0.105%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$751as in the Funding arb table

Net, price: spread back to 7d avg − costs−$724as in the Price arb table

costs, in and out, $10k−$7327.324% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.187%−$19 on $10k

Price spread, last 7 days−0.119%−$12 · spread now +0.105%, 7d avg +0.021%

Together, before fees−0.306%−$31 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.084% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.021%. Mind the row above: over the last 7 days funding on this pair cost −0.187%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin HUSDTM	0.06670	0.0050	pay 0.0025% / 4h	21m 18s	$1.6M	$10.0M	8x
Short	OKX H-USDT-SWAP	0.06677	0.0100	get 0.0050% / 4h	21m 18s	$1.8M	$6.0M	10x

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

Position, each leg$Hold fordaysFee KuCoinbpFee OKXbpOrdersPrice spread, now +0.105%Rate

Funding earned: $10.5
Price spread: +0.105% → +0.021%: $8.35
Slippage, 4 orders: −$710.36
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$713.51
Costs to cover: 7.324%
Break-even: 482.7 days

Slippage from KuCoin: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago	3.00 bp	332.3 bp −$332	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	0.75 bp	31.9 bp −$32	doesn't fit	doesn't fit	doesn't fit

H on 14 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
Injective H/USDC PERP	+0.0033%	1h	0.06250	−6.297%	$1K	$1	5.5x	as long as short
BloFin H-USDT	+0.0049%	4h	0.06671	+0.015%	$580K	$108K	25x	as long as short
KuCoin HUSDTMlong	+0.0050%	4h	0.06670	long leg	$1.6M	$10.0M	8x
Aster HUSDT	+0.0100%	4h	0.06676	+0.093%	$109K	$54K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06674	+0.066%	$14.3M	$11.0M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06659	−0.159%	$7.4M	$4.9M	13x	as long as short
OKX H-USDT-SWAPshort	+0.0100%	4h	0.06677	+0.105%	$1.8M	$6.0M	10x
Gate H_USDT	+0.0100%	4h	0.06669	−0.015%	$2.7M	$1.8M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.06675	+0.075%	$6.0M	$1.1M	20x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06649	−0.315%	$1.6M	$447K	4x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX H-USDT	+0.0100%	4h	0.06668	−0.030%	—	$2.7M	—	as long as short
Variational Omni H	+0.0100%	4h	0.06677	+0.101%	$7K	$9K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06673	+0.048%	$1.1M	$423K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06671	+0.014%	$10K	$102K	5x	as long as short