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: OKX against KuCoin−0.109%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$251as in the Funding arb table
Net, price: spread back to 7d avg − costs−$267as in the Price arb table
costs, in and out, $10k−$2672.674% of the position
Funding, last 7 days+0.161%+$16 on $10k
+Price spread, last 7 days+0.041%+$4 · spread now −0.109%, 7d avg −0.117%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NIGHTUSDTM | 0.02367 | 0.0100 | pay 0.0050% / 4h | 21m 30s | $1.3M | $5.4M | 50x |
| Short | OKX NIGHT-USDT-SWAP | 0.02365 | 0.0100 | get 0.0050% / 4h | 21m 30s | $1.6M | $1.8M | 20x |
Funding 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: −0.109% → −0.117%
- $0.78
- Slippage, 4 orders
- −$245.41
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$266.63
- Costs to cover
- 2.674%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 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, 6 min ago | 4.54 bp | 86.3 bp −$86 | 596.3 bp −$5,963 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 3.17 bp | 32.0 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
NIGHT on 15 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 NIGHT-PERP-INTX | −2.0856% | 1h | 0.02239 | −5.435% | $1K | $74 | 50x | as long as short |
| Injective NIGHT/USDC PERP | +0.0033% | 1h | 0.02435 | +2.852% | $1K | $58K | 5.5x | as long as short |
| Aster NIGHTUSDT | +0.0100% | 4h | 0.02367 | −0.008% | $16K | $41K | 10x | as long as short |
| Binance NIGHTUSDT | +0.0100% | 4h | 0.02367 | −0.020% | $5.1M | $6.3M | 50x | as long as short |
| Bybit NIGHTUSDT | +0.0100% | 4h | 0.02368 | +0.022% | $1.9M | $1.1M | 50x | as long as short |
| OKX NIGHT-USDT-SWAPshort | +0.0100% | 4h | 0.02365 | −0.109% | $1.6M | $1.8M | 20x | |
| Gate NIGHT_USDT | +0.0100% | 8h | 0.02366 | −0.063% | $214K | $204K | 20x | as long as short |
| KuCoin NIGHTUSDTMlong | +0.0100% | 4h | 0.02367 | long leg | $1.3M | $5.4M | 50x | |
| Bitget NIGHTUSDT | +0.0100% | 4h | 0.02368 | +0.022% | $637K | $432K | 25x | as long as short |
| SunX NIGHT-USDT | +0.0100% | 4h | 0.02367 | −0.020% | $1K | $1.8M | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX NIGHT-USDT | +0.0108% | 4h | 0.02366 | −0.063% | — | $6.6M | — | as long as short |
| BloFin NIGHT-USDT | +0.0145% | 4h | 0.02370 | +0.106% | $272K | $44K | 50x | as long as short |
| MEXC NIGHT_USDT | +0.0216% | 4h | 0.02366 | −0.063% | $758K | $456K | 100x | as long as short |
| Deribit NIGHT_USDC-PERPETUAL | +0.0975% | 1h | 0.02370 | +0.094% | $97 | $99 | 10x | as long as short |
| Kraken Futures PF_NIGHTUSD | +0.2955% | 1h | 0.02354 | −0.585% | $63K | $55K | 25x | as long as short |
KuCoin NIGHTUSDTM
OKX NIGHT-USDT-SWAP
Coinbase International NIGHT-PERP-INTX
Injective NIGHT/USDC PERP
Aster NIGHTUSDT
Binance NIGHTUSDT
Bybit NIGHTUSDT
Gate NIGHT_USDT
Bitget NIGHTUSDT
SunX NIGHT-USDT
BingX NIGHT-USDT
BloFin NIGHT-USDT
MEXC NIGHT_USDT
Deribit NIGHT_USDC-PERPETUAL
Kraken Futures PF_NIGHTUSD