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

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.319%+$32 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX HOME-USDT-SWAP0.0069020.0434pay 0.0217% / 4h17m 58s$1.8M$5.9M20x
ShortKuCoin HOMEUSDTM0.0068930.0100get 0.0050% / 4h17m 58s$2.9M$142K30x

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

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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 5 min ago1.45 bp19.5 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago7.98 bp170.6 bp −$171doesn'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%4h0.006897−0.072%$6.6Mas long as short
BloFin HOME-USDT+0.0071%4h0.006910+0.116%$284K$27K50xas long as short
Aster HOMEUSDT+0.0100%4h0.006900−0.028%$51K$47K5xas long as short
Binance HOMEUSDT+0.0100%4h0.006896−0.087%$4.7M$11.4M50xas long as short
Bybit HOMEUSDT+0.0100%4h0.006901−0.014%$3.1M$3.9M25xas long as short
Gate HOME_USDT+0.0100%4h0.006900−0.029%$485K$1.5M75xas long as short
KuCoin HOMEUSDTMshort+0.0100%4h0.006893−0.130%$2.9M$142K30x
Bitget HOMEUSDT+0.0100%4h0.006901−0.014%$1.2M$1.3M20xas long as short
Variational Omni HOME+0.0100%4h0.006876−0.373%$7K$2Kas long as short
MEXC HOME_USDT+0.0254%4h0.006896−0.087%$413K$153K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX HOME-USDT-SWAPlong+0.0434%4h0.006902long leg$1.8M$5.9M20x