Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: KuCoin against Extended+0.032%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$629as in the Funding arb table
Net, price: spread back to 7d avg − costs−$635as in the Price arb table
costs, in and out, $10k−$6296.286% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.032%, 7d avg +0.098%
=Together, before fees−0.107%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.066% cheaper against Extended than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.098%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended OPEN-USD | 0.1449 | 0.0104 | pay 0.0013% / 1h | 27m 34s | $2K | $105K | 5x |
| Short | KuCoin OPENUSDTM | 0.1449 | 0.0100 | get 0.0050% / 4h | 2h 27m | $2.4M | $59K | 30x |
Extended OPEN-USD
KuCoin OPENUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Extended. 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
- −$0.84
- Price spread: +0.032% → +0.098%
- −$6.57
- Slippage, 4 orders
- −$611.63
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$636.04
- Costs to cover
- 6.286%
- Break-even
- never at this rate
Slippage from Extended: live order book, 38 min ago; KuCoin: 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 Extended live order book, 38 min ago | 5.17 bp | 66.2 bp −$66 | 470.8 bp −$4,708 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 19.29 bp | 270.4 bp −$270 | doesn't fit | doesn't fit | doesn't fit |
OPEN on 8 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 OPENUSDT | +0.0100% | 4h | 0.1447 | −0.107% | $253K | $4K | 5x | as long as short |
| Binance OPENUSDT | +0.0100% | 4h | 0.1449 | +0.025% | $7.2M | $2.8M | 75x | as long as short |
| Gate OPEN_USDT | +0.0100% | 8h | 0.1448 | −0.044% | $833K | $192K | 75x | as long as short |
| KuCoin OPENUSDTMshort | +0.0100% | 4h | 0.1449 | +0.032% | $2.4M | $59K | 30x | |
| Bitget OPENUSDT | +0.0100% | 4h | 0.1447 | −0.113% | $2.2M | $192K | 20x | as long as short |
| Extended OPEN-USDlong | +0.0104% | 1h | 0.1449 | long leg | $2K | $105K | 5x | |
| Kraken Futures PF_OPENUSD | +0.0834% | 1h | 0.1449 | −0.001% | $14K | $55K | 10x | as long as short |
| Bybit OPENUSDT | +0.1086% | 4h | 0.1450 | +0.087% | $1.5M | $733K | 25x | as long as short |
Aster OPENUSDT
Binance OPENUSDT
Gate OPEN_USDT
Bitget OPENUSDT
Kraken Futures PF_OPENUSD
Bybit OPENUSDT