Funding you earn now, next payment 12:00 UTC−0.0154%/8h= −16.9% APRnext payment −$0.77 per $10,000 · paid last 24h −0.068%
Price spread now: KuCoin against OKX−0.088%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,772as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,809as 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+0.178%+$18 · spread now −0.088%, 7d avg +0.007%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.096% cheaper against OKX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.007%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.269%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PROS-USDT-SWAP | 0.5654 | 0.0100 | pay 0.0050% / 4h | 3h 51m | $858K | $912K | 20x |
| Short | KuCoin PROSUSDTM | 0.5649 | −0.0054 | pay 0.0027% / 4h | 3h 51m | $1.0M | $317K | 20x |
OKX PROS-USDT-SWAP
KuCoin PROSUSDTMFunding 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
- −$32.34
- Price spread: −0.088% → +0.007%
- −$9.59
- Slippage, 4 orders
- −$1,776.99
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,840.92
- Costs to cover
- 17.990%
- Break-even
- never at this rate
Slippage from OKX: live order book, 9 min ago; KuCoin: live order book, 2 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 | 5.32 bp | 31.6 bp −$32 | 2786.2 bp −$27.9K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 7.97 bp | 721.8 bp −$722 | 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 PROSUSDTMshort | −0.0054% | 4h | 0.5649 | −0.088% | $1.0M | $317K | 20x | |
| OKX PROS-USDT-SWAPlong | +0.0100% | 4h | 0.5654 | long leg | $858K | $912K | 20x | |
| Gate PROS_USDT | +0.0100% | 4h | 0.5658 | +0.071% | $350K | $42K | 20x | as long as short |
| Bitget PROSUSDT | +0.0100% | 4h | 0.5661 | +0.124% | $1.1M | $247K | 20x | as long as short |
| Aster PROSUSDT | +0.0525% | 4h | 0.5670 | +0.278% | $28K | $13K | 5x | as long as short |
Gate PROS_USDT
Bitget PROSUSDT
Aster PROSUSDT