Funding you earn now, next payment 00:00 UTC+0.0094%/8h= +10.3% APRnext payment +$0.47 per $10,000 · paid last 24h +0.069%
Price spread now: OKX against KuCoin+0.054%7-day average −0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$629as in the Funding arb table
Net, price: spread back to 7d avg − costs−$595as in the Price arb table
costs, in and out, $10k−$6066.062% of the position
Funding, last 7 days−0.231%−$23 on $10k
+Price spread, last 7 days−0.168%−$17 · spread now +0.054%, 7d avg −0.058%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.112% dearer against KuCoin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.058%. Mind the row above: over the last 7 days funding on this pair cost −0.231%, 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 LAUSDTM | 0.07412 | −0.0074 | get 0.0037% / 4h | 1h 27m | $1.0M | $57K | 30x |
| Short | OKX LA-USDT-SWAP | 0.07416 | 0.0020 | get 0.0010% / 4h | 1h 27m | $1.3M | $2.8M | 20x |
KuCoin LAUSDTM
OKX LA-USDT-SWAPFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $19.71
- Price spread: +0.054% → −0.058%
- $11.15
- Slippage, 4 orders
- −$584.22
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$575.36
- Costs to cover
- 6.062%
- Break-even
- 211.4 days
Slippage from KuCoin: live order book, 2 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 2 min ago | 6.07 bp | 173.3 bp −$173 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.35 bp | 20.8 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDT | −0.0366% | 4h | 0.07416 | +0.054% | $249K | $796K | 50x | as long as short |
| Bitget LAUSDT | −0.0196% | 4h | 0.07402 | −0.135% | $2.0M | $514K | 25x | as long as short |
| BingX LA-USDT | −0.0192% | 4h | 0.07410 | −0.027% | — | $6.6M | — | as long as short |
| KuCoin LAUSDTMlong | −0.0074% | 4h | 0.07412 | long leg | $1.0M | $57K | 30x | |
| Aster LAUSDT | −0.0042% | 4h | 0.07407 | −0.067% | $52K | $8K | 5x | as long as short |
| Binance LAUSDT | −0.0016% | 4h | 0.07414 | +0.027% | $4.7M | $8.4M | 25x | as long as short |
| MEXC LA_USDT | −0.0010% | 4h | 0.07416 | +0.054% | $395K | $137K | 50x | as long as short |
| OKX LA-USDT-SWAPshort | +0.0020% | 4h | 0.07416 | +0.054% | $1.3M | $2.8M | 20x | |
| BloFin LA-USDT | +0.0033% | 4h | 0.07421 | +0.121% | $251K | $19K | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07417 | +0.067% | $2.4M | $2.3M | 25x | as long as short |
Gate LA_USDT
Bitget LAUSDT
BingX LA-USDT
Aster LAUSDT
Binance LAUSDT
MEXC LA_USDT
BloFin LA-USDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07410 | −0.026% | $147K | $468K | 10x | as long as short |
GRVT LA_USDT_Perp