Settings8H · net · $10k
Funding arb · Price arb /

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0755%/8h= +82.7% APRnext payment +$3.78 per $10,000 · paid last 24h +0.104%
Price spread now: OKX against KuCoin+0.182%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$324as in the Funding arb table
Net, price: spread back to 7d avg − costs−$304as in the Price arb table
costs, in and out, $10k−$3223.225% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 7 days−0.272%−$27 · spread now +0.182%, 7d avg 0.000%
Together, before fees−0.290%−$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and OKX is 0.182% dearer against KuCoin than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of 0.000%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.019% in total (about -1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.78 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin HOMEUSDTM0.0065840.0100pay 0.0050% / 4h3h 28m$2.8M$89K30x
ShortOKX HOME-USDT-SWAP0.0065960.0855get 0.0428% / 4h3h 28m$1.9M$5.1M20x

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

Funding earned
$158.58
Price spread: +0.182% → 0.000%
$18.19
Slippage, 4 orders
−$300.47
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$145.7
Costs to cover
3.225%
Break-even
13.4 days
Slippage from KuCoin: live order book, 9 min ago; OKX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 9 min ago8.29 bp119.4 bp −$119doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 5 min ago1.51 bp32.3 bp −$32doesn't fitdoesn't fitdoesn't fit

HOME on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX HOME-USDT+0.0070%4h0.006580−0.061%$6.6Mas long as short
Bybit HOMEUSDT+0.0100%4h0.006576−0.122%$3.5M$4.1M25xas long as short
Gate HOME_USDT+0.0100%4h0.006580−0.061%$444K$1.5M75xas long as short
KuCoin HOMEUSDTMlong+0.0100%4h0.006584long leg$2.8M$89K30x
Bitget HOMEUSDT+0.0100%4h0.006575−0.137%$1.2M$1.0M20xas long as short
Variational Omni HOME+0.0100%4h0.006606+0.333%$7K$2Kas long as short
Binance HOMEUSDT+0.0264%4h0.006587+0.046%$4.7M$10.8M50xas long as short
BloFin HOME-USDT+0.0280%4h0.006601+0.258%$302K$22K50xas long as short
Aster HOMEUSDT+0.0333%4h0.006587+0.040%$49K$39K5xas long as short
MEXC HOME_USDT+0.0384%4h0.006577−0.106%$380K$151K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX HOME-USDT-SWAPshort+0.0855%4h0.006596+0.182%$1.9M$5.1M20x