Funding you earn now, next payment 00:00 UTC−0.5902%/8h= −646.3% APRpaid last 24h +0.218%
Price spread now: KuCoin against ApeX Omni+0.028%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$304as in the Price arb table
costs, in and out, $10k−$3093.094% of the position
Funding, last 7 days+0.559%+$56 on $10k
+Price spread, last 3 days (all we have)−0.150%−$15 · spread now +0.028%, 7d avg −0.028%
=The price spread pays, funding is against you. KuCoin is 0.056% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.028% now, against its 7-day average of −0.028%): +$6 on $10k if it goes back. Holding the pair costs −$177 a day in funding at the current rate, which eats that in about under an hour. Mind the row above: over the last 7 days funding on this pair paid +0.559%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.559% in total (about 29.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni PROVEUSDT | 0.2404 | 0.0100 | pay 0.0013% / 1h | 47m 11s | $52K | $332K | 50x |
| Short | KuCoin PROVEUSDTM | 0.2404 | −0.5802 | pay 0.2901% / 4h | 47m 11s | $2.9M | $1.0M | 50x |
ApeX Omni PROVEUSDT
KuCoin PROVEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against ApeX Omni. 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
- −$1,239.42
- Price spread: +0.028% → −0.028%
- $5.6
- Slippage, 4 orders
- −$287.43
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,543.24
- Costs to cover
- 3.094%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 30 min ago; KuCoin: live order book, 10 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 ApeX Omni live order book, 30 min ago | 77.52 bp | 90.5 bp −$90 | 198.7 bp −$1,987 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 11.92 bp | 63.0 bp −$63 | 400.7 bp −$4,007 | doesn't fit | doesn't fit |
PROVE on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PROVEUSDT | −0.9988% | 4h | 0.2412 | +0.344% | $2.0M | $10.1M | 25x | as long as short |
| BingX PROVE-USDT | −0.9460% | 4h | 0.2407 | +0.136% | — | $2.5M | — | as long as short |
| Variational Omni PROVE | −0.7665% | 4h | 0.2401 | −0.126% | $28K | $46K | — | as long as short |
| Hyperliquid PROVE | −0.7661% | 1h | 0.2403 | −0.022% | $358K | $924K | 3x | as long as short |
| Gate PROVE_USDT | −0.6940% | 4h | 0.2402 | −0.072% | $219K | $1.0M | 75x | as long as short |
| Binance PROVEUSDT | −0.6741% | 4h | 0.2402 | −0.072% | $3.4M | $36.2M | 75x | as long as short |
| MEXC PROVE_USDT | −0.6716% | 4h | 0.2402 | −0.072% | $296K | $401K | 20x | as long as short |
| GRVT PROVE_USDT_Perp | −0.6514% | 4h | 0.2395 | −0.370% | $233K | $2.5M | 10x | as long as short |
| OKX PROVE-USDT-SWAP | −0.6480% | 4h | 0.2404 | +0.011% | $614K | $8.2M | 20x | as long as short |
| Aster PROVEUSDT | −0.6257% | 4h | 0.2400 | −0.142% | $46K | $268K | 5x | as long as short |
Bybit PROVEUSDT
BingX PROVE-USDT
Variational Omni PROVE
Hyperliquid PROVE
Gate PROVE_USDT
Binance PROVEUSDT
MEXC PROVE_USDT
GRVT PROVE_USDT_Perp
OKX PROVE-USDT-SWAP
Aster PROVEUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PROVEUSDT | −0.5976% | 4h | 0.2403 | −0.030% | $667K | $4.7M | 50x | as long as short |
| KuCoin PROVEUSDTMshort | −0.5802% | 4h | 0.2404 | +0.028% | $2.9M | $1.0M | 50x | |
| Lighter PROVE | −0.3440% | 1h | 0.2407 | +0.153% | $84K | $128K | 3x | as long as short |
| ApeX Omni PROVEUSDTlong | +0.0100% | 1h | 0.2404 | long leg | $52K | $332K | 50x |
Bitget PROVEUSDT
Lighter PROVE