Funding arb · Price arb /

TRUST

all TRUST markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.021%

Price spread now: KuCoin against OKX0.000%7-day average −0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,860as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,857as in the Price arb table

costs, in and out, $10k−$1,86518.649% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.052%+$5 on $10k

Price spread, last 4 days (all we have)−0.195%−$19 · spread now 0.000%, 7d avg −0.083%

Together, before fees−0.142%−$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: KuCoin is 0.083% dearer against OKX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.083%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TRUST-USDT-SWAP	0.06211	0.0100	pay 0.0050% / 4h	3h 37m	$118K	$226K	10x
Short	KuCoin TRUSTUSDTM	0.06211	0.0100	get 0.0050% / 4h	2h 37m	$293K	$723K	10x

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

Position, each leg$Hold fordaysFee OKXbpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.083%: $8.33
Slippage, 4 orders: −$1,842.86
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,856.53
Costs to cover: 18.649%
Break-even: never at this rate

Slippage from OKX: live order book, 33 min ago; KuCoin: live order book, 17 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, 33 min ago	13.29 bp	63.5 bp −$63	15667.7 bp −$156.7K	doesn't fit	doesn't fit
Sell KuCoin live order book, 17 min ago	45.01 bp	670.5 bp −$671	doesn't fit	doesn't fit	doesn't fit

TRUST on 10 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
OKX TRUST-USDT-SWAPlong	+0.0100%	4h	0.06211	long leg	$118K	$226K	10x
Gate TRUST_USDT	+0.0100%	8h	0.06230	+0.306%	$509K	$27K	10x	as long as short
KuCoin TRUSTUSDTMshort	+0.0100%	4h	0.06211	0.000%	$293K	$723K	10x
Bitget TRUSTUSDT	+0.0100%	4h	0.06237	+0.419%	$672K	$67K	10x	as long as short
MEXC TRUST_USDT	+0.0268%	4h	0.06217	+0.097%	$225K	$100K	50x	as long as short
BingX TRUST-USDT	+0.0270%	4h	0.06227	+0.258%	—	$6.5M	—	as long as short
Binance TRUSTUSDT	+0.0293%	4h	0.06217	+0.097%	$1.7M	$1.4M	10x	as long as short
Aster TRUSTUSDT	+0.0382%	4h	0.06220	+0.145%	$10K	$7K	5x	as long as short
Bybit TRUSTUSDT	+0.0507%	4h	0.06211	0.000%	$517K	$347K	25x	as long as short
Variational Omni TRUST	+0.3211%	4h	0.06236	+0.403%	$57K	$409	—	as long as short