Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: OKX against KuCoin+0.074%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$616as in the Funding arb table
Net, price: spread back to 7d avg − costs−$597as in the Price arb table
costs, in and out, $10k−$6026.022% of the position
Funding, last 7 days−0.142%−$14 on $10k
+Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.074%, 7d avg +0.023%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.051% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ORDERUSDTM | 0.04048 | 0.0100 | pay 0.0050% / 4h | 3h 38m | $223K | $83K | 30x |
| Short | OKX ORDER-USDT-SWAP | 0.04051 | 0.0100 | get 0.0050% / 4h | 3h 38m | $163K | $281K | 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: +0.074% → +0.023%
- $5.11
- Slippage, 4 orders
- −$580.23
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$597.11
- Costs to cover
- 6.022%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 12 min ago; OKX: live order book, 32 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, 12 min ago | 17.47 bp | 226.0 bp −$226 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 32 min ago | 6.25 bp | 66.6 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
ORDER 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ORDERUSDT | +0.0100% | 4h | 0.04052 | +0.099% | $1.4M | $1.5M | 50x | as long as short |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.04042 | −0.148% | $1.3M | $592K | 20x | as long as short |
| OKX ORDER-USDT-SWAPshort | +0.0100% | 4h | 0.04051 | +0.074% | $163K | $281K | 20x | |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04052 | +0.099% | $74K | $71K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.04054 | +0.148% | $273K | $100K | 20x | as long as short |
| KuCoin ORDERUSDTMlong | +0.0100% | 4h | 0.04048 | long leg | $223K | $83K | 30x | |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.04052 | +0.099% | $482K | $202K | 20x | as long as short |
| BingX ORDER-USDT | +0.0100% | 4h | 0.04048 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni ORDER | +0.0100% | 8h | 0.04047 | −0.028% | $10K | $2K | — | as long as short |
| BloFin ORDER-USDT | +0.0106% | 8h | 0.04040 | −0.198% | $66K | $7K | 16x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDC | +0.0844% | 4h | 0.04053 | +0.124% | $191K | $217K | 10x | as long as short |
KuCoin ORDERUSDTM
OKX ORDER-USDT-SWAP
Binance ORDERUSDT
Bybit ORDERUSDT
Gate ORDER_USDT
MEXC ORDER_USDT
Bitget ORDERUSDT
BingX ORDER-USDT
Variational Omni ORDER
BloFin ORDER-USDT