Funding arb · Price arb /

TRUST

all TRUST markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%

Price spread now: OKX against KuCoin−0.066%7-day average +0.072% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,652as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,660as in the Price arb table

costs, in and out, $10k−$1,64716.466% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.053%−$5 on $10k

Price spread, last 4 days (all we have)+0.195%+$20 · spread now −0.066%, 7d avg +0.072%

Together, before fees+0.143%+$14 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 0.137% cheaper against KuCoin than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.072%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TRUSTUSDTM	0.06089	0.0100	pay 0.0050% / 4h	3h 09m	$288K	$801K	10x
Short	OKX TRUST-USDT-SWAP	0.06085	0.0100	get 0.0050% / 4h	9m 05s	$103K	$314K	10x

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

Position, each leg$Hold fordaysFee KuCoinbpFee OKXbpOrdersPrice spread, now −0.066%Rate

Funding earned: $0
Price spread: −0.066% → +0.072%: −$13.74
Slippage, 4 orders: −$1,624.61
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$1,660.35
Costs to cover: 16.466%
Break-even: never at this rate

Slippage from KuCoin: live order book, 18 min ago; OKX: live order book, 29 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 KuCoin live order book, 18 min ago	31.33 bp	908.6 bp −$909	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 29 min ago	9.87 bp	63.2 bp −$63	doesn't fit	doesn't fit	doesn't fit

TRUST on 10 exchanges

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
Aster TRUSTUSDT	+0.0100%	4h	0.06080	−0.148%	$10K	$6K	5x	as long as short
Binance TRUSTUSDT	+0.0100%	4h	0.06090	+0.016%	$1.7M	$2.0M	10x	as long as short
OKX TRUST-USDT-SWAPshort	+0.0100%	4h	0.06085	−0.066%	$103K	$314K	10x
Gate TRUST_USDT	+0.0100%	8h	0.06090	+0.016%	$499K	$27K	10x	as long as short
MEXC TRUST_USDT	+0.0100%	4h	0.06088	−0.016%	$212K	$100K	50x	as long as short
KuCoin TRUSTUSDTMlong	+0.0100%	4h	0.06089	long leg	$288K	$801K	10x
Bitget TRUSTUSDT	+0.0100%	4h	0.06083	−0.099%	$661K	$59K	10x	as long as short
BingX TRUST-USDT	+0.0194%	4h	0.06092	+0.049%	—	$6.5M	—	as long as short
Bybit TRUSTUSDT	+0.0324%	4h	0.06084	−0.082%	$533K	$446K	25x	as long as short
Variational Omni TRUST	+0.0972%	4h	0.06080	−0.142%	$56K	$277	—	as long as short