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

SATS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.018%
Price spread now: KuCoin against OKX−0.016%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,159as in the Price arb table
costs, in and out, $10k−$1,15711.575% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.094%+$9 on $10k
Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.016%, 7d avg 0.000%
Together, before fees+0.153%+$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SATS-USDT-SWAP0.000000012280.0100pay 0.0100% / 8h7h 54m$832K$3.0M10x
ShortKuCoin 10000SATSUSDTM0.000000012280.0100get 0.0050% / 4h3h 54m$218K$84K10x

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: −0.016% → 0.000%
−$1.64
Slippage, 4 orders
−$1,135.45
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,159.09
Costs to cover
11.575%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; KuCoin: live order book, 65 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, 2 min ago3.25 bp37.8 bp −$38doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 65 min ago12.23 bp622.4 bp −$622doesn't fitdoesn't fitdoesn't fit

SATS on 8 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
Bitget 1000SATSUSDT−0.0004%4h0.00000001228−0.016%$722K$217K25xas long as short
Binance 1000SATSUSDT+0.0100%4h0.00000001226−0.179%$2.1M$5.2M25xas long as short
Bybit 10000SATSUSDT+0.0100%4h0.00000001228−0.008%$283K$861K13xas long as short
OKX SATS-USDT-SWAPlong+0.0100%8h0.00000001228long leg$832K$3.0M10x
Gate SATS_USDT+0.0100%4h0.00000001227−0.098%$354K$237K25xas long as short
MEXC SATS_USDT+0.0100%8h0.00000001228−0.016%$375K$178K100xas long as short
KuCoin 10000SATSUSDTMshort+0.0100%4h0.00000001228−0.016%$218K$84K10x
BingX 10000SATS-USDT+0.0100%4h0.00000001227−0.098%$90.8Mas long as short