Funding you earn now, next payment 04:00 UTC−0.0334%/8h= −36.6% APRnext payment −$1.67 per $10,000 · paid last 24h −0.036%
Price spread now: KuCoin against OKX−0.130%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$361as in the Funding arb table
Net, price: spread back to 7d avg − costs−$383as in the Price arb table
costs, in and out, $10k−$3693.692% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 7 days+0.232%+$23 · spread now −0.130%, 7d avg +0.009%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.140% cheaper against OKX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.009%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.087%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.087% in total (about 4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.67 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX HOME-USDT-SWAP | 0.006902 | 0.0434 | pay 0.0217% / 4h | 17m 58s | $1.8M | $5.9M | 20x |
| Short | KuCoin HOMEUSDTM | 0.006893 | 0.0100 | get 0.0050% / 4h | 17m 58s | $2.9M | $142K | 30x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$70.22
- Price spread: −0.130% → +0.009%
- −$13.96
- Slippage, 4 orders
- −$347.25
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$453.43
- Costs to cover
- 3.692%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 4 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 | 1.45 bp | 19.5 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 7.98 bp | 170.6 bp −$171 | doesn't fit | doesn't fit | doesn't fit |
HOME on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX HOME-USDT | +0.0070% | 4h | 0.006897 | −0.072% | — | $6.6M | — | as long as short |
| BloFin HOME-USDT | +0.0071% | 4h | 0.006910 | +0.116% | $284K | $27K | 50x | as long as short |
| Aster HOMEUSDT | +0.0100% | 4h | 0.006900 | −0.028% | $51K | $47K | 5x | as long as short |
| Binance HOMEUSDT | +0.0100% | 4h | 0.006896 | −0.087% | $4.7M | $11.4M | 50x | as long as short |
| Bybit HOMEUSDT | +0.0100% | 4h | 0.006901 | −0.014% | $3.1M | $3.9M | 25x | as long as short |
| Gate HOME_USDT | +0.0100% | 4h | 0.006900 | −0.029% | $485K | $1.5M | 75x | as long as short |
| KuCoin HOMEUSDTMshort | +0.0100% | 4h | 0.006893 | −0.130% | $2.9M | $142K | 30x | |
| Bitget HOMEUSDT | +0.0100% | 4h | 0.006901 | −0.014% | $1.2M | $1.3M | 20x | as long as short |
| Variational Omni HOME | +0.0100% | 4h | 0.006876 | −0.373% | $7K | $2K | — | as long as short |
| MEXC HOME_USDT | +0.0254% | 4h | 0.006896 | −0.087% | $413K | $153K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HOME-USDT-SWAPlong | +0.0434% | 4h | 0.006902 | long leg | $1.8M | $5.9M | 20x |
OKX HOME-USDT-SWAP
KuCoin HOMEUSDTM
BingX HOME-USDT
BloFin HOME-USDT
Aster HOMEUSDT
Binance HOMEUSDT
Bybit HOMEUSDT
Gate HOME_USDT
Bitget HOMEUSDT
Variational Omni HOME
MEXC HOME_USDT