Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: OKX against KuCoin−0.310%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,619as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,627as in the Price arb table
costs, in and out, $10k−$1,59615.956% of the position
Funding, last 7 days−0.232%−$23 on $10k
+Price spread, last 4 days (all we have)+0.645%+$64 · spread now −0.310%, 7d avg +0.003%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.313% cheaper against KuCoin than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of +0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ALABUSDTM | 332.42 | 0.0100 | pay 0.0100% / 8h | 7h 37m | $330K | $93K | 20x |
| Short | OKX ALAB-USDT-SWAP | 331.39 | 0 | get 0.0000% / 8h | 7h 37m | $570K | $453K | 10x |
KuCoin ALABUSDTM
OKX ALAB-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: −0.310% → +0.003%
- −$31.33
- Slippage, 4 orders
- −$1,573.63
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$1,647.96
- Costs to cover
- 15.956%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 55 min ago; OKX: live order book, 59 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, 55 min ago | 12.21 bp | 247.3 bp −$247 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 59 min ago | 5.35 bp | 25.8 bp −$26 | 945.4 bp −$9,454 | doesn't fit | doesn't fit |
ALAB on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ALABUSDT | −0.0441% | 8h | 331.14 | −0.385% | $212K | $160K | 20x | as long as short |
| Bybit ALABUSDT | −0.0099% | 8h | 331.99 | −0.129% | $441K | $209K | 25x | as long as short |
| Binance ALABUSDT | 0.0000% | 8h | 331.57 | −0.254% | $1.2M | $5.8M | 20x | as long as short |
| OKX ALAB-USDT-SWAPshort | 0.0000% | 8h | 331.39 | −0.310% | $570K | $453K | 10x | |
| Gate ALAB_USDT | 0.0000% | 8h | 331.60 | −0.247% | $470K | $333K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 333.50 | +0.326% | $61K | $87K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 331.42 | −0.301% | $1.6M | $266K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0010% | 8h | 331.26 | −0.349% | $72K | $104K | 20x | as long as short |
| QFEX ALAB-USD | +0.0024% | 1h | 330.92 | −0.451% | $1.1M | $3.4M | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 333.31 | +0.268% | $11K | — | 10x | as long as short |
Bitget ALABUSDT
Bybit ALABUSDT
Binance ALABUSDT
Gate ALAB_USDT
Variational Omni ALAB
Phemex ALABUSDT
BloFin ALAB-USDT
QFEX ALAB-USD
Extended ALAB_24_5-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ALAB-USD-PERP | +0.0046% | 1h | 331.30 | −0.337% | — | — | 5x | as long as short |
| KuCoin ALABUSDTMlong | +0.0100% | 8h | 332.42 | long leg | $330K | $93K | 20x | |
| HTX ALAB-USDT | +0.0100% | 8h | 330.99 | −0.430% | $1K | $381K | 10x | as long as short |
Vest ALAB-USD-PERP
HTX ALAB-USDT