Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: OKX against KuCoin+0.104%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$975as in the Funding arb table
Net, price: spread back to 7d avg − costs−$952as in the Price arb table
costs, in and out, $10k−$9609.604% of the position
Funding, last 7 days−0.147%−$15 on $10k
+Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.104%, 7d avg +0.017%
=The price spread pays, funding is against you. OKX is 0.087% dearer against KuCoin than usual: you sell high and buy low (spread +0.104% now, against its 7-day average of +0.017%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ADBEUSDTM | 249.31 | 0.0100 | pay 0.0100% / 8h | 4h 38m | $264K | $190K | 20x |
| Short | OKX ADBE-USDT-SWAP | 249.57 | 0 | get 0.0000% / 8h | 4h 38m | $496K | $182K | 20x |
KuCoin ADBEUSDTM
OKX ADBE-USDT-SWAPFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: +0.104% → +0.017%
- $8.71
- Slippage, 4 orders
- −$938.43
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$972.71
- Costs to cover
- 9.604%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 42 min ago; OKX: 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 KuCoin live order book, 42 min ago | 14.01 bp | 549.2 bp −$549 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 17 min ago | 2.60 bp | 66.6 bp −$67 | 559.5 bp −$5,595 | doesn't fit | doesn't fit |
ADBE 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ADBE/USDC PERP | −0.0220% | 1h | 245.91 | −1.364% | $16K | $19K | 12x | as long as short |
| Aster ADBEUSDT | 0.0000% | 8h | 249.30 | −0.003% | $7K | $2K | 20x | as long as short |
| Bybit ADBEUSDT | 0.0000% | 8h | 249.29 | −0.008% | $516K | $122K | 25x | as long as short |
| OKX ADBE-USDT-SWAPshort | 0.0000% | 8h | 249.57 | +0.104% | $496K | $182K | 20x | |
| Gate ADBE_USDT | 0.0000% | 8h | 249.56 | +0.100% | $334K | $140K | 20x | as long as short |
| Bitget ADBEUSDT | 0.0000% | 8h | 249.48 | +0.068% | $513K | $102K | 20x | as long as short |
| SunX ADBE-USDT | 0.0000% | 8h | 249.47 | +0.064% | $1K | $340K | 10x | as long as short |
| HTX ADBE-USDT | 0.0000% | 8h | 249.44 | +0.052% | $6K | $38K | 20x | as long as short |
| Binance ADBEUSDT | +0.0002% | 8h | 249.47 | +0.063% | $1.6M | $513K | 20x | as long as short |
| Extended ADBE_24_5-USD | +0.0040% | 1h | 249.33 | +0.008% | $999 | $2K | 10x | as long as short |
Injective ADBE/USDC PERP
Aster ADBEUSDT
Bybit ADBEUSDT
Gate ADBE_USDT
Bitget ADBEUSDT
SunX ADBE-USDT
HTX ADBE-USDT
Binance ADBEUSDT
Extended ADBE_24_5-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ADBEUSDTMlong | +0.0100% | 8h | 249.31 | long leg | $264K | $190K | 20x |