Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against OKX+0.025%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,579as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,583as in the Price arb table
costs, in and out, $10k−$1,58215.822% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.025%, 7d avg +0.035%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX UMA-USDT-SWAP | 0.3973 | 0.0100 | pay 0.0050% / 4h | 1h 29m | $310K | $238K | 10x |
| Short | KuCoin UMAUSDTM | 0.3974 | 0.0100 | get 0.0050% / 4h | 1h 29m | $151K | $59K | 30x |
OKX UMA-USDT-SWAP
KuCoin UMAUSDTMFunding 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: +0.025% → +0.035%
- −$0.99
- Slippage, 4 orders
- −$1,560.22
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,583.2
- Costs to cover
- 15.822%
- Break-even
- never at this rate
Slippage from OKX: live order book, 14 min ago; KuCoin: live order book, 72 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, 14 min ago | 2.50 bp | 34.9 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 72 min ago | 9.89 bp | 571.7 bp −$572 | doesn't fit | doesn't fit | doesn't fit |
UMA on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid UMA | +0.0100% | 1h | 0.3977 | +0.106% | $215K | $72K | 3x | as long as short |
| Aster UMAUSDT | +0.0100% | 4h | 0.3975 | +0.051% | $24K | $769 | 5x | as long as short |
| Binance UMAUSDT | +0.0100% | 4h | 0.3973 | +0.005% | $1.4M | $1.1M | 50x | as long as short |
| Bybit UMAUSDT | +0.0100% | 4h | 0.3975 | +0.050% | $677K | $147K | 25x | as long as short |
| OKX UMA-USDT-SWAPlong | +0.0100% | 4h | 0.3973 | long leg | $310K | $238K | 10x | |
| Gate UMA_USDT | +0.0100% | 4h | 0.3982 | +0.227% | $71K | $40K | 25x | as long as short |
| MEXC UMA_USDT | +0.0100% | 4h | 0.3973 | 0.000% | $214K | $182K | 50x | as long as short |
| KuCoin UMAUSDTMshort | +0.0100% | 4h | 0.3974 | +0.025% | $151K | $59K | 30x | |
| Bitget UMAUSDT | +0.0100% | 4h | 0.3977 | +0.101% | $954K | $63K | 50x | as long as short |
| BingX UMA-USDT | +0.0100% | 4h | 0.3975 | +0.050% | — | $2.3M | — | as long as short |
Hyperliquid UMA
Aster UMAUSDT
Binance UMAUSDT
Bybit UMAUSDT
Gate UMA_USDT
MEXC UMA_USDT
Bitget UMAUSDT
BingX UMA-USDTShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UMA | +0.0100% | 4h | 0.3974 | +0.014% | $4K | $1 | — | as long as short |
| BloFin UMA-USDT | +0.0141% | 4h | 0.3972 | −0.025% | $72K | $5K | 50x | as long as short |
| Kraken Futures PF_UMAUSD | +0.3897% | 1h | 0.3990 | +0.418% | $14K | $6K | 10x | as long as short |
Variational Omni UMA
BloFin UMA-USDT
Kraken Futures PF_UMAUSD