Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.168%
Price spread now: OKX against KuCoin+0.179%7-day average −0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1951.945% of the position
Funding, last 7 days−0.165%−$16 on $10k
+Price spread, last 7 days−0.154%−$15 · spread now +0.179%, 7d avg −0.080%
=The price spread pays, funding is against you. OKX is 0.258% dearer against KuCoin than usual: you sell high and buy low (spread +0.179% now, against its 7-day average of −0.080%): +$26 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.6 days. At the pace of the last 7 days (−0.165% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.165% in total (about -8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MUBARAKUSDTM | 0.04591 | 0.0340 | pay 0.0170% / 4h | 1h 09m | $1.7M | $1.1M | 30x |
| Short | OKX MUBARAK-USDT-SWAP | 0.04599 | 0.0100 | get 0.0050% / 4h | 1h 09m | $2.8M | $57.7M | 20x |
KuCoin MUBARAKUSDTM
OKX MUBARAK-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
- −$50.4
- Price spread: +0.179% → −0.080%
- $25.84
- Slippage, 4 orders
- −$172.52
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$219.08
- Costs to cover
- 1.945%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 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, 7 min ago | 13.14 bp | 104.0 bp −$104 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 4.39 bp | 19.9 bp −$20 | 104.2 bp −$1,042 | doesn't fit | doesn't fit |
MUBARAK 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSD | −0.0816% | 1h | 0.04591 | +0.002% | $58K | $434K | 10x | as long as short |
| OKX MUBARAK-USDT-SWAPshort | +0.0100% | 4h | 0.04599 | +0.179% | $2.8M | $57.7M | 20x | |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04570 | −0.463% | $11K | $54K | — | as long as short |
| MEXC MUBARAK_USDT | +0.0224% | 4h | 0.04587 | −0.087% | $906K | $1.5M | 50x | as long as short |
| Binance MUBARAKUSDT | +0.0230% | 4h | 0.04588 | −0.076% | $16.9M | $91.3M | 25x | as long as short |
| KuCoin MUBARAKUSDTMlong | +0.0340% | 4h | 0.04591 | long leg | $1.7M | $1.1M | 30x | |
| Bitget MUBARAKUSDT | +0.0356% | 4h | 0.04588 | −0.065% | $2.9M | $7.5M | 25x | as long as short |
| Bybit MUBARAKUSDT | +0.0412% | 4h | 0.04597 | +0.131% | $3.5M | $11.1M | 25x | as long as short |
| BingX MUBARAK-USDT | +0.0418% | 4h | 0.04599 | +0.174% | — | $3.1M | — | as long as short |
| Aster MUBARAKUSDT | +0.0452% | 4h | 0.04583 | −0.174% | $11K | $451K | 5x | as long as short |
Kraken Futures PF_MUBARAKUSD
Variational Omni MUBARAK
MEXC MUBARAK_USDT
Binance MUBARAKUSDT
Bitget MUBARAKUSDT
Bybit MUBARAKUSDT
BingX MUBARAK-USDT
Aster MUBARAKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.1434% | 4h | 0.04594 | +0.065% | $7.3M | $5.4M | 50x | as long as short |
Gate MUBARAK_USDT