H

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.42 per $10,000 · paid last 24h −0.002%

Price spread now: KuCoin against OKX−0.134%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$645as in the Funding arb table

Net, price: spread back to 7d avg − costs−$675as in the Price arb table

costs, in and out, $10k−$6636.632% of the position

Long on OKX Short on KuCoin

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+0.149%+$15 · spread now −0.134%, 7d avg −0.021%

Together, before fees+0.335%+$34 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.113% cheaper against OKX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.021%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.187%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX H-USDT-SWAP	0.06694	0.0100	pay 0.0050% / 4h	42m 43s	$1.8M	$6.0M	10x
Short	KuCoin HUSDTM	0.06685	0.0016	get 0.0008% / 4h	42m 43s	$1.6M	$10.0M	8x

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

Position, each leg$Hold fordaysFee OKXbpFee KuCoinbpOrdersPrice spread, now −0.134%Rate

Funding earned: −$17.64
Price spread: −0.134% → −0.021%: −$11.3
Slippage, 4 orders: −$641.21
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$692.15
Costs to cover: 6.632%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; KuCoin: 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 OKX live order book, 5 min ago	5.21 bp	24.4 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	3.73 bp	248.9 bp −$249	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
KuCoin HUSDTMshort	+0.0016%	4h	0.06685	−0.134%	$1.6M	$10.0M	8x
Injective H/USDC PERP	+0.0033%	1h	0.06250	−6.633%	$1K	$1	5.5x	as long as short
Aster HUSDT	+0.0100%	4h	0.06684	−0.150%	$109K	$54K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06688	−0.086%	$14.3M	$11.0M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06678	−0.239%	$7.4M	$4.9M	13x	as long as short
OKX H-USDT-SWAPlong	+0.0100%	4h	0.06694	long leg	$1.8M	$6.0M	10x
Gate H_USDT	+0.0100%	4h	0.06677	−0.254%	$2.7M	$1.8M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.06684	−0.149%	$6.0M	$1.1M	20x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06669	−0.373%	$1.7M	$447K	4x	as long as short
BingX H-USDT	+0.0100%	4h	0.06677	−0.254%	—	$2.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni H	+0.0100%	4h	0.06676	−0.265%	$7K	$9K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06689	−0.075%	$1.1M	$434K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06686	−0.118%	$9K	$100K	5x	as long as short
BloFin H-USDT	+0.0113%	4h	0.06682	−0.179%	$579K	$108K	25x	as long as short