Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.044%
Price spread now: KuCoin against OKX+0.082%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$911as in the Funding arb table
Net, price: spread back to 7d avg − costs−$903as in the Price arb table
costs, in and out, $10k−$9079.073% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 7 days+0.082%+$8 · spread now +0.082%, 7d avg +0.036%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.047% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SOON-USDT-SWAP | 0.1940 | 0.0100 | pay 0.0050% / 4h | 1h 27m | $1.9M | $422K | 20x |
| Short | KuCoin SOONUSDTM | 0.1942 | 0.0100 | get 0.0050% / 4h | 1h 27m | $1.8M | $3.0M | 50x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.082% → +0.036%
- $4.65
- Slippage, 4 orders
- −$885.27
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$902.61
- Costs to cover
- 9.073%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 5 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, 5 min ago | 2.58 bp | 28.9 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 1.55 bp | 352.6 bp −$353 | 704.2 bp −$7,042 | doesn't fit | doesn't fit |
SOON on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX SOON-USDT | +0.0070% | 4h | 0.1940 | 0.000% | — | $6.7M | — | as long as short |
| Binance SOONUSDT | +0.0100% | 4h | 0.1943 | +0.142% | $8.0M | $1.9M | 50x | as long as short |
| OKX SOON-USDT-SWAPlong | +0.0100% | 4h | 0.1940 | long leg | $1.9M | $422K | 20x | |
| Gate SOON_USDT | +0.0100% | 4h | 0.1934 | −0.309% | $3.1M | $92K | 50x | as long as short |
| KuCoin SOONUSDTMshort | +0.0100% | 4h | 0.1942 | +0.082% | $1.8M | $3.0M | 50x | |
| Extended SOON-USD | +0.0104% | 1h | 0.1942 | +0.117% | $7K | $207K | 5x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0338% | 1h | 0.1939 | −0.055% | $11K | $1K | 10x | as long as short |
| Bitget SOONUSDT | +0.0522% | 4h | 0.1939 | −0.052% | $9.1M | $217K | 25x | as long as short |
| Aster SOONUSDT | +0.0629% | 4h | 0.1942 | +0.101% | $189K | $2K | 5x | as long as short |
| Variational Omni SOON | +0.3252% | 4h | 0.1924 | −0.837% | $222K | $4K | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.3333% | 4h | 0.1926 | −0.722% | $2.5M | $1.1M | 25x | as long as short |
OKX SOON-USDT-SWAP
KuCoin SOONUSDTM
BingX SOON-USDT
Binance SOONUSDT
Gate SOON_USDT
Extended SOON-USD
Kraken Futures PF_SOONUSD
Bitget SOONUSDT
Aster SOONUSDT
Variational Omni SOON
Bybit SOONUSDT