Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.011%
Price spread now: KuCoin against OKX−0.107%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$414as in the Funding arb table
Net, price: spread back to 7d avg − costs−$404as in the Price arb table
costs, in and out, $10k−$3983.983% of the position
Funding, last 7 days−0.158%−$16 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.107%, 7d avg −0.050%
=Funding pays, the price is against you. KuCoin is 0.057% cheaper against OKX than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of −0.050%). If the spread goes back, that is −$6 on $10k: about 45 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.158%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AMAT-USDT-SWAP | 466.75 | 0 | get 0.0000% / 8h | 14m 52s | $1.4M | $1.6M | 20x |
| Short | KuCoin AMATUSDTM | 466.25 | 0.0100 | get 0.0100% / 8h | 14m 52s | $406K | $430K | 20x |
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 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: −0.107% → −0.050%
- −$5.68
- Slippage, 4 orders
- −$376.33
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$383.01
- Costs to cover
- 3.983%
- Break-even
- 134.7 days
Slippage from OKX: live order book, 2 min ago; KuCoin: live order book, 47 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, 2 min ago | 2.89 bp | 10.5 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 47 min ago | 6.66 bp | 180.4 bp −$180 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AMATUSDT | 0.0000% | 8h | 466.91 | +0.035% | $10K | $11K | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 466.50 | −0.054% | $928K | $617K | 25x | as long as short |
| OKX AMAT-USDT-SWAPlong | 0.0000% | 8h | 466.75 | long leg | $1.4M | $1.6M | 20x | |
| Gate AMAT_USDT | 0.0000% | 8h | 466.80 | +0.011% | $2.0M | $6.4M | 50x | as long as short |
| Bitget AMATUSDT | 0.0000% | 8h | 466.89 | +0.030% | $2.1M | $1.7M | 20x | as long as short |
| Vest AMAT-USD-PERP | +0.0046% | 1h | 466.27 | −0.103% | — | — | 10x | as long as short |
| tradeXYZ xyz:AMAT | +0.0068% | 1h | 466.45 | −0.064% | $2.6M | $2.3M | 10x | as long as short |
| KuCoin AMATUSDTMshort | +0.0100% | 8h | 466.25 | −0.107% | $406K | $430K | 20x | |
| SunX AMAT-USDT | +0.0100% | 8h | 466.72 | −0.006% | $1K | $380K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 467.85 | +0.236% | $170K | $40K | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AMAT | +0.0338% | 8h | 466.55 | −0.043% | $86K | $24K | — | as long as short |
| Phoenix AMAT | +0.0360% | 1h | 466.68 | −0.015% | $19K | $131K | 10x | as long as short |
| Extended AMAT-USD | +0.0432% | 1h | 466.53 | −0.047% | $5K | $27K | 10x | as long as short |
| Binance AMATUSDT | +0.0435% | 8h | 466.61 | −0.030% | $8.9M | $12.7M | 20x | as long as short |
| BloFin AMAT-USDT | +0.0440% | 8h | 466.61 | −0.030% | $109K | $81K | 20x | as long as short |
| GRVT AMAT_USDT_Perp | +0.0633% | 8h | 466.77 | +0.005% | $294 | $99K | 10x | as long as short |
OKX AMAT-USDT-SWAP
KuCoin AMATUSDTM
Aster AMATUSDT
Bybit AMATUSDT
Gate AMAT_USDT
Bitget AMATUSDT
tradeXYZ xyz:AMAT
SunX AMAT-USDT
HTX AMAT-USDT
Variational Omni AMAT
Phoenix AMAT
Extended AMAT-USD
Binance AMATUSDT
BloFin AMAT-USDT
GRVT AMAT_USDT_Perp