Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: KuCoin against OKX+0.225%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$780as in the Funding arb table
Net, price: spread back to 7d avg − costs−$771as in the Price arb table
costs, in and out, $10k−$7957.946% of the position
Funding, last 7 days+0.142%+$14 on $10k
+Price spread, last 4 days (all we have)−0.212%−$21 · spread now +0.225%, 7d avg −0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.241% dearer against OKX than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORDER-USDT-SWAP | 0.04004 | 0.0100 | pay 0.0050% / 4h | 2h 36m | $168K | $286K | 20x |
| Short | KuCoin ORDERUSDTM | 0.04013 | 0.0100 | get 0.0050% / 4h | 2h 36m | $222K | $81K | 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
- $0
- Price spread: +0.225% → −0.016%
- $24.12
- Slippage, 4 orders
- −$772.65
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$770.53
- Costs to cover
- 7.946%
- Break-even
- never at this rate
Slippage from OKX: live order book, 9 min ago; KuCoin: live order book, 20 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, 9 min ago | 4.97 bp | 84.7 bp −$85 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 20 min ago | 13.66 bp | 247.3 bp −$247 | 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 | 0.04019 | +0.375% | $1.4M | $1.9M | 50x | as long as short |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.04006 | +0.050% | $1.3M | $754K | 20x | as long as short |
| OKX ORDER-USDT-SWAPlong | +0.0100% | 4h | 0.04004 | long leg | $168K | $286K | 20x | |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04010 | +0.150% | $76K | $37K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.04019 | +0.375% | $271K | $101K | 20x | as long as short |
| KuCoin ORDERUSDTMshort | +0.0100% | 4h | 0.04013 | +0.225% | $222K | $81K | 30x | |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.04006 | +0.050% | $477K | $256K | 20x | as long as short |
| BingX ORDER-USDT | +0.0100% | 4h | 0.04009 | +0.125% | — | $1.3M | — | as long as short |
| Variational Omni ORDER | +0.0100% | 8h | 0.04012 | +0.196% | $10K | $2K | — | as long as short |
| BloFin ORDER-USDT | +0.0129% | 8h | 0.03996 | −0.200% | $64K | $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 | +0.0491% | 4h | 0.04010 | +0.150% | $187K | $158K | 10x | as long as short |
OKX ORDER-USDT-SWAP
KuCoin ORDERUSDTM
Binance ORDERUSDT
Bybit ORDERUSDT
Gate ORDER_USDT
MEXC ORDER_USDT
Bitget ORDERUSDT
BingX ORDER-USDT
Variational Omni ORDER
BloFin ORDER-USDT