Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.024%
Price spread now: OKX against KuCoin+0.009%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$336as in the Funding arb table
Net, price: spread back to 7d avg − costs−$354as in the Price arb table
costs, in and out, $10k−$3503.495% of the position
Funding, last 7 days+0.135%+$14 on $10k
+Price spread, last 4 days (all we have)+0.062%+$6 · spread now +0.009%, 7d avg +0.053%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.044% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.053%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.135%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AMATUSDTM | 459.47 | 0.0100 | pay 0.0100% / 8h | 2h 26m | $398K | $550K | 20x |
| Short | OKX AMAT-USDT-SWAP | 459.51 | 0 | get 0.0000% / 8h | 2h 26m | $1.4M | $1.6M | 20x |
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 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: +0.009% → +0.053%
- −$4.44
- Slippage, 4 orders
- −$327.51
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$374.95
- Costs to cover
- 3.495%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 32 min ago; OKX: live order book, just now.
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, 32 min ago | 9.64 bp | 177.5 bp −$178 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, just now | 2.72 bp | 23.5 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
AMAT on 16 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 AMATUSDT | −0.0405% | 8h | 459.68 | +0.046% | $1.9M | $1.8M | 20x | as long as short |
| BloFin AMAT-USDT | −0.0004% | 8h | 459.68 | +0.046% | $108K | $109K | 20x | as long as short |
| Aster AMATUSDT | 0.0000% | 8h | 459.74 | +0.059% | $10K | $11K | 20x | as long as short |
| Extended AMAT-USD | 0.0000% | 1h | 459.13 | −0.074% | $5K | $27K | 10x | as long as short |
| Binance AMATUSDT | 0.0000% | 8h | 459.35 | −0.026% | $8.4M | $13.7M | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 459.25 | −0.048% | $851K | $691K | 25x | as long as short |
| OKX AMAT-USDT-SWAPshort | 0.0000% | 8h | 459.51 | +0.009% | $1.4M | $1.6M | 20x | |
| Gate AMAT_USDT | 0.0000% | 8h | 459.70 | +0.050% | $1.5M | $6.6M | 50x | as long as short |
| Variational Omni AMAT | 0.0000% | 8h | 459.93 | +0.100% | $64K | $44K | — | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 460.45 | +0.213% | $175 | $109K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMAT-USD-PERP | +0.0046% | 1h | 459.23 | −0.052% | — | — | 10x | as long as short |
| tradeXYZ xyz:AMAT | +0.0050% | 1h | 459.48 | +0.002% | $2.5M | $2.2M | 10x | as long as short |
| KuCoin AMATUSDTMlong | +0.0100% | 8h | 459.47 | long leg | $398K | $550K | 20x | |
| SunX AMAT-USDT | +0.0100% | 8h | 460.07 | +0.131% | $1K | $378K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 460.46 | +0.215% | $168K | $39K | 20x | as long as short |
| Phoenix AMAT | +0.0225% | 1h | 460.48 | +0.220% | $18K | $110K | 10x | as long as short |
KuCoin AMATUSDTM
OKX AMAT-USDT-SWAP
Bitget AMATUSDT
BloFin AMAT-USDT
Aster AMATUSDT
Extended AMAT-USD
Binance AMATUSDT
Bybit AMATUSDT
Gate AMAT_USDT
Variational Omni AMAT
GRVT AMAT_USDT_Perp
tradeXYZ xyz:AMAT
SunX AMAT-USDT
HTX AMAT-USDT
Phoenix AMAT