Funding you earn now, next payment 08:00 UTC+0.0464%/8h= +50.8% APRnext payment +$2.32 per $10,000 · paid last 24h +0.184%
Price spread now: KuCoin against OKX−1.045%7-day average +0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$276as in the Price arb table
costs, in and out, $10k−$1631.634% of the position
Funding, last 7 days+0.181%+$18 on $10k
+Price spread, last 7 days+1.026%+$103 · spread now −1.045%, 7d avg +0.081%
=Funding pays, the price is against you. KuCoin is 1.126% cheaper against OKX than usual: you would sell low and buy high (spread −1.045% now, against its 7-day average of +0.081%). If the spread goes back, that is −$113 on $10k: about 8.1 days of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.181% in total) that is about 44 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.181% in total (about 9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.32 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 | OKX MUBARAK-USDT-SWAP | 0.05644 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $4.3M | $86.8M | 20x |
| Short | KuCoin MUBARAKUSDTM | 0.05585 | 0.0564 | get 0.0282% / 4h | 2h 50m | $2.3M | $1.6M | 30x |
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
- $97.44
- Price spread: −1.045% → +0.081%
- −$112.6
- Slippage, 4 orders
- −$141.37
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$178.53
- Costs to cover
- 1.634%
- Break-even
- 19.8 days
Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 1 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, 3 min ago | 3.97 bp | 18.5 bp −$19 | 79.7 bp −$797 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 10.82 bp | 72.1 bp −$72 | doesn't fit | 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 | −0.0835% | 1h | 0.05516 | −2.271% | $68K | $521K | 10x | as long as short |
| OKX MUBARAK-USDT-SWAPlong | +0.0100% | 4h | 0.05644 | long leg | $4.3M | $86.8M | 20x | |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.05554 | −1.599% | $14K | $60K | — | as long as short |
| MEXC MUBARAK_USDT | +0.0378% | 4h | 0.05636 | −0.142% | $1.3M | $1.8M | 50x | as long as short |
| Binance MUBARAKUSDT | +0.0389% | 4h | 0.05659 | +0.272% | $24.3M | $129.9M | 25x | as long as short |
| Bitget MUBARAKUSDT | +0.0530% | 4h | 0.05654 | +0.177% | $3.9M | $10.7M | 25x | as long as short |
| KuCoin MUBARAKUSDTMshort | +0.0564% | 4h | 0.05585 | −1.045% | $2.3M | $1.6M | 30x | |
| Aster MUBARAKUSDT | +0.0616% | 4h | 0.05642 | −0.030% | $18K | $615K | 5x | as long as short |
| BingX MUBARAK-USDT | +0.0806% | 4h | 0.05648 | +0.071% | — | $3.5M | — | as long as short |
| Bybit MUBARAKUSDT | +0.0867% | 4h | 0.05646 | +0.034% | $5.4M | $16.2M | 25x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.2842% | 4h | 0.05638 | −0.106% | $9.8M | $7.4M | 50x | as long as short |
OKX MUBARAK-USDT-SWAP
KuCoin MUBARAKUSDTM
Kraken Futures PF_MUBARAKUSD
Variational Omni MUBARAK
MEXC MUBARAK_USDT
Binance MUBARAKUSDT
Bitget MUBARAKUSDT
Aster MUBARAKUSDT
BingX MUBARAK-USDT
Bybit MUBARAKUSDT
Gate MUBARAK_USDT