Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against OKX−0.133%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$557as in the Funding arb table
Net, price: spread back to 7d avg − costs−$577as in the Price arb table
costs, in and out, $10k−$5595.587% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)+0.114%+$11 · spread now −0.133%, 7d avg +0.053%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.186% cheaper against OKX than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MEGA-USDT-SWAP | 0.04511 | 0.0100 | pay 0.0050% / 4h | 2h 22m | $914K | $3.2M | 20x |
| Short | KuCoin MEGAUSDTM | 0.04505 | 0.0100 | get 0.0050% / 4h | 2h 22m | $228K | $120K | 50x |
OKX MEGA-USDT-SWAP
KuCoin MEGAUSDTMFunding 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
- $0
- Price spread: −0.133% → +0.053%
- −$18.59
- Slippage, 4 orders
- −$536.66
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$577.24
- Costs to cover
- 5.587%
- Break-even
- never at this rate
Slippage from OKX: live order book, just now; KuCoin: live order book, 34 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, just now | 2.22 bp | 36.5 bp −$36 | 159.4 bp −$1,594 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 34 min ago | 14.31 bp | 322.6 bp −$323 | doesn't fit | doesn't fit | doesn't fit |
MEGA on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MEGA-PERP-INTX | −0.0048% | 1h | 0.04589 | +1.740% | $5K | $12K | 50x | as long as short |
| Bybit MEGAUSDT | −0.0043% | 4h | 0.04507 | −0.089% | $3.4M | $5.9M | 20x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04505 | −0.136% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0057% | 1h | 0.04500 | −0.244% | $194K | $141K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0099% | 4h | 0.04491 | −0.443% | $198K | $93K | 50x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04509 | −0.044% | $18K | $91K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04498 | −0.288% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04511 | +0.006% | $4.0M | $13.7M | 50x | as long as short |
| OKX MEGA-USDT-SWAPlong | +0.0100% | 4h | 0.04511 | long leg | $914K | $3.2M | 20x | |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04490 | −0.466% | $133K | $111 | 10x | as long as short |
Coinbase International MEGA-PERP-INTX
Bybit MEGAUSDT
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
BloFin MEGA-USDT
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bulk MEGA-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04507 | −0.089% | $202K | $331K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04510 | −0.022% | $814K | $398K | 50x | as long as short |
| KuCoin MEGAUSDTMshort | +0.0100% | 4h | 0.04505 | −0.133% | $228K | $120K | 50x | |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04511 | 0.000% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04511 | 0.000% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04509 | −0.044% | $18K | $57K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04482 | −0.637% | $316K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04492 | −0.421% | $28K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04484 | −0.599% | $23K | $228K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04506 | −0.111% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04505 | −0.133% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04508 | −0.072% | $126K | $431K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04503 | −0.171% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0177% | 1h | 0.04492 | −0.421% | $20K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04504 | −0.146% | $3K | — | 45x | as long as short |
| Lighter MEGA | +0.0344% | 1h | 0.04528 | +0.377% | $617K | $366K | 3x | as long as short |
| Hyperliquid MEGA | +0.0417% | 1h | 0.04520 | +0.197% | $7.8M | $2.6M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1103% | 1h | 0.04513 | +0.047% | $109 | $15 | 25x | as long as short |
Gate MEGA_USDT
MEXC MEGA_USDT
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Lighter MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL