Settings8H · net · $10k
Funding arb · Price arb /

ORDER

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.070%−$7 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 0.241% 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ORDER-USDT-SWAP0.040040.0100pay 0.0050% / 4h2h 36m$168K$286K20x
ShortKuCoin ORDERUSDTM0.040130.0100get 0.0050% / 4h2h 36m$222K$81K30x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 9 min ago4.97 bp84.7 bp −$85doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 20 min ago13.66 bp247.3 bp −$247doesn't fitdoesn't fitdoesn't fit

ORDER on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ORDERUSDT+0.0100%4h0.04019+0.375%$1.4M$1.9M50xas long as short
Bybit ORDERUSDT+0.0100%8h0.04006+0.050%$1.3M$754K20xas long as short
OKX ORDER-USDT-SWAPlong+0.0100%4h0.04004long leg$168K$286K20x
Gate ORDER_USDT+0.0100%4h0.04010+0.150%$76K$37K20xas long as short
MEXC ORDER_USDT+0.0100%4h0.04019+0.375%$271K$101K20xas long as short
KuCoin ORDERUSDTMshort+0.0100%4h0.04013+0.225%$222K$81K30x
Bitget ORDERUSDT+0.0100%4h0.04006+0.050%$477K$256K20xas long as short
BingX ORDER-USDT+0.0100%4h0.04009+0.125%$1.3Mas long as short
Variational Omni ORDER+0.0100%8h0.04012+0.196%$10K$2Kas long as short
BloFin ORDER-USDT+0.0129%8h0.03996−0.200%$64K$7K16xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ORDER_USDC+0.0491%4h0.04010+0.150%$187K$158K10xas long as short