Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.050%
Price spread now: OKX against KuCoin+0.313%7-day average +0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$362as in the Funding arb table
Net, price: spread back to 7d avg − costs−$340as in the Price arb table
costs, in and out, $10k−$3613.607% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 7 days−0.252%−$25 · spread now +0.313%, 7d avg +0.111%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.202% dearer against KuCoin than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.111%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LIGHTUSDTM | 0.1821 | 0.0100 | pay 0.0050% / 4h | 2h 36m | $2.0M | $2.5M | 10x |
| Short | OKX LIGHT-USDT-SWAP | 0.1827 | 0.0100 | get 0.0050% / 4h | 2h 36m | $903K | $1.3M | 10x |
KuCoin LIGHTUSDTM
OKX LIGHT-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
- $0
- Price spread: +0.313% → +0.111%
- $20.24
- Slippage, 4 orders
- −$338.69
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$340.45
- Costs to cover
- 3.607%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 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, 5 min ago | 8.23 bp | 63.6 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.74 bp | 40.9 bp −$41 | 1606.1 bp −$16.1K | doesn't fit | doesn't fit |
LIGHT on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX LIGHT-USDT-SWAPshort | +0.0100% | 4h | 0.1827 | +0.313% | $903K | $1.3M | 10x | |
| Gate LIGHT_USDT | +0.0100% | 8h | 0.1824 | +0.148% | $2.3M | $548K | 10x | as long as short |
| KuCoin LIGHTUSDTMlong | +0.0100% | 4h | 0.1821 | long leg | $2.0M | $2.5M | 10x | |
| SunX LIGHT-USDT | +0.0100% | 4h | 0.1820 | −0.071% | $1K | $1.4M | 20x | as long as short |
| Bybit LIGHTUSDT | +0.0158% | 4h | 0.1824 | +0.165% | $2.2M | $611K | 13x | as long as short |
| Aster LIGHTUSDT | +0.0173% | 4h | 0.1824 | +0.153% | $22K | $6K | 5x | as long as short |
| MEXC LIGHT_USDT | +0.0296% | 4h | 0.1824 | +0.148% | $1.4M | $295K | 50x | as long as short |
| Binance LIGHTUSDT | +0.0297% | 4h | 0.1827 | +0.313% | $4.2M | $3.1M | 10x | as long as short |
| BloFin LIGHT-USDT | +0.0340% | 4h | 0.1822 | +0.038% | $242K | $15K | 10x | as long as short |
Gate LIGHT_USDT
SunX LIGHT-USDT
Bybit LIGHTUSDT
Aster LIGHTUSDT
MEXC LIGHT_USDT
Binance LIGHTUSDT
BloFin LIGHT-USDT