Funding you earn now, next payment 08:00 UTC+0.0204%/8h= +22.3% APRnext payment +$1.02 per $10,000 · paid last 24h +0.074%
Price spread now: OKX against KuCoin+0.071%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$783as in the Funding arb table
Net, price: spread back to 7d avg − costs−$840as in the Price arb table
costs, in and out, $10k−$8368.362% of the position
Funding, last 7 days+0.529%+$53 on $10k
+Price spread, last 7 days−0.068%−$7 · spread now +0.071%, 7d avg +0.112%
=Funding pays, the price is against you. OKX is 0.041% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.071% now, against its 7-day average of +0.112%). If the spread goes back, that is −$4 on $10k: about 16 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin OUSDTM | 0.5635 | 0.0260 | pay 0.0130% / 4h | 2h 52m | $1.3M | $641K | 20x |
| Short | OKX O-USDT-SWAP | 0.5639 | 0.0464 | get 0.0232% / 4h | 2h 52m | $1.5M | $1.1M | 10x |
KuCoin OUSDTM
OKX O-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
- $42.79
- Price spread: +0.071% → +0.112%
- −$4.1
- Slippage, 4 orders
- −$814.2
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$797.51
- Costs to cover
- 8.362%
- Break-even
- 137.5 days
Slippage from KuCoin: live order book, 8 min ago; OKX: live order book, 4 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, 8 min ago | 15.13 bp | 527.6 bp −$528 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.77 bp | 43.2 bp −$43 | 641.8 bp −$6,418 | doesn't fit | doesn't fit |
O 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OUSDT | +0.0100% | 4h | 0.5622 | −0.234% | $20K | $52K | 3x | as long as short |
| Bybit OUSDT | +0.0100% | 4h | 0.5627 | −0.142% | $718K | $923K | 20x | as long as short |
| Gate O_USDT | +0.0100% | 4h | 0.5627 | −0.142% | $1.5M | $545K | 20x | as long as short |
| Bitget OUSDT | +0.0100% | 4h | 0.5634 | −0.018% | $1.6M | $330K | 10x | as long as short |
| Variational Omni O | +0.0100% | 4h | 0.5645 | +0.178% | $3K | $518 | — | as long as short |
| Binance OUSDT | +0.0105% | 4h | 0.5630 | −0.084% | $4.8M | $2.0M | 10x | as long as short |
| BloFin O-USDT | +0.0151% | 4h | 0.5634 | −0.018% | $241K | $6K | 20x | as long as short |
| KuCoin OUSDTMlong | +0.0260% | 4h | 0.5635 | long leg | $1.3M | $641K | 20x | |
| BingX O-USDT | +0.0446% | 4h | 0.5633 | −0.035% | — | $1.6M | — | as long as short |
| OKX O-USDT-SWAPshort | +0.0464% | 4h | 0.5639 | +0.071% | $1.5M | $1.1M | 10x |
Aster OUSDT
Bybit OUSDT
Gate O_USDT
Bitget OUSDT
Variational Omni O
Binance OUSDT
BloFin O-USDT
BingX O-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC O_USDT | +0.0466% | 4h | 0.5633 | −0.035% | $972K | $168K | 50x | as long as short |
MEXC O_USDT