Funding you earn now, next payment 12:00 UTC+0.0138%/8h= +15.1% APRnext payment +$0.69 per $10,000 · paid last 24h +0.068%
Price spread now: OKX against KuCoin+0.071%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,826as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,791as in the Price arb table
costs, in and out, $10k−$1,79917.990% of the position
Funding, last 7 days−0.269%−$27 on $10k
+Price spread, last 7 days−0.154%−$15 · spread now +0.071%, 7d avg −0.008%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and OKX is 0.079% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.008%. Mind the row above: over the last 7 days funding on this pair cost −0.269%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PROSUSDTM | 0.5651 | −0.0038 | get 0.0019% / 4h | 3h 47m | $1.0M | $318K | 20x |
| Short | OKX PROS-USDT-SWAP | 0.5655 | 0.0100 | get 0.0050% / 4h | 3h 47m | $858K | $905K | 20x |
KuCoin PROSUSDTM
OKX PROS-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
- $28.98
- Price spread: +0.071% → −0.008%
- $7.88
- Slippage, 4 orders
- −$1,776.99
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$1,762.13
- Costs to cover
- 17.990%
- Break-even
- 432.6 days
Slippage from KuCoin: live order book, 7 min ago; OKX: live order book, 14 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, 7 min ago | 7.97 bp | 1004.1 bp −$1,004 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 14 min ago | 5.32 bp | 41.5 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
PROS on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PROSUSDTMlong | −0.0038% | 4h | 0.5651 | long leg | $1.0M | $318K | 20x | |
| OKX PROS-USDT-SWAPshort | +0.0100% | 4h | 0.5655 | +0.071% | $858K | $905K | 20x | |
| Gate PROS_USDT | +0.0100% | 4h | 0.5658 | +0.124% | $350K | $42K | 20x | as long as short |
| Bitget PROSUSDT | +0.0100% | 4h | 0.5660 | +0.159% | $1.1M | $242K | 20x | as long as short |
| Aster PROSUSDT | +0.0520% | 4h | 0.5667 | +0.275% | $28K | $13K | 5x | as long as short |
Gate PROS_USDT
Bitget PROSUSDT
Aster PROSUSDT