Funding you earn now, next payment 04:00 UTC+0.0249%/8h= +27.3% APRnext payment +$1.25 per $10,000 · paid last 24h +0.014%
Price spread now: KuCoin against OKX+0.055%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1031.028% of the position
Funding, last 7 days+0.302%+$30 on $10k
+Price spread, last 4 days (all we have)+0.118%+$12 · spread now +0.055%, 7d avg +0.041%
=The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LUNA-USDT-SWAP | 0.05447 | −0.0149 | get 0.0075% / 4h | 3h 32m | $1.2M | $5.1M | 10x |
| Short | KuCoin LUNAUSDTM | 0.05450 | 0.0100 | get 0.0050% / 4h | 3h 32m | $893K | $625K | 50x |
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
- $52.31
- Price spread: +0.055% → +0.041%
- $1.38
- Slippage, 4 orders
- −$80.85
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$49.15
- Costs to cover
- 1.028%
- Break-even
- 13.6 days
Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 22 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 | 2.77 bp | 17.4 bp −$17 | 173.0 bp −$1,730 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 22 min ago | 10.12 bp | 31.4 bp −$31 | 139.4 bp −$1,394 | doesn't fit | doesn't fit |
LUNA on 6 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 LUNA-USDT-SWAPlong | −0.0149% | 4h | 0.05447 | long leg | $1.2M | $5.1M | 10x | |
| Gate LUNA_USDT | +0.0100% | 8h | 0.05448 | +0.018% | $190K | $208K | 10x | as long as short |
| KuCoin LUNAUSDTMshort | +0.0100% | 4h | 0.05450 | +0.055% | $893K | $625K | 50x | |
| Bitget LUNAUSDT | +0.0100% | 4h | 0.05452 | +0.092% | $799K | $708K | 20x | as long as short |
| BingX LUNA-USDT | +0.0100% | 4h | 0.05448 | +0.018% | — | $2.4M | — | as long as short |
| SunX LUNA-USDT | +0.0100% | 4h | 0.05527 | +1.469% | $1K | $4.8M | 20x | as long as short |
OKX LUNA-USDT-SWAP
KuCoin LUNAUSDTM
Gate LUNA_USDT
Bitget LUNAUSDT
BingX LUNA-USDT
SunX LUNA-USDT