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

SHELL

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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 0.000%
Price spread now: OKX against KuCoin+0.259%7-day average +0.005% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.147%+$15 on $10k
Price spread, last 4 days (all we have)−0.272%−$27 · spread now +0.259%, 7d avg +0.005%
Together, before fees−0.125%−$12 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: OKX is 0.254% dearer against KuCoin than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SHELLUSDTM0.027040.0100pay 0.0050% / 4h1h 49m$342K$35K10x
ShortOKX SHELL-USDT-SWAP0.027110.0100get 0.0050% / 4h1h 49m$171K$462K10x

Funding 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 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: +0.259% → +0.005%
$25.37
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
$3.37
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: KuCoin: live order book, 69 min ago; OKX: live order book, 57 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 69 min ago14.60 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 57 min ago7.30 bp61.4 bp −$61doesn't fitdoesn't fitdoesn't fit

SHELL on 10 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
Aster SHELLUSDT+0.0100%4h0.02699−0.184%$1K$10K5xas long as short
OKX SHELL-USDT-SWAPshort+0.0100%4h0.02711+0.259%$171K$462K10x
Gate SHELL_USDT+0.0100%4h0.02708+0.148%$411K$207K10xas long as short
KuCoin SHELLUSDTMlong+0.0100%4h0.02704long leg$342K$35K10x
Variational Omni SHELL+0.0100%4h0.02693−0.405%$1K$1Kas long as short
MEXC SHELL_USDT+0.0126%4h0.02700−0.148%$280K$143K50xas long as short
Binance SHELLUSDT+0.0127%4h0.02702−0.059%$2.1M$2.9M10xas long as short
Bybit SHELLUSDT+0.0562%4h0.02701−0.111%$509K$216K13xas long as short
BingX SHELL-USDT+0.1130%4h0.02705+0.037%$6.5Mas long as short
Bitget SHELLUSDT+0.1220%4h0.02706+0.074%$568K$247K10xas long as short