Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.004%
Price spread now: OKX against KuCoin+0.025%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$255as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2362.362% of the position
Funding, last 7 days−0.184%−$18 on $10k
+Price spread, last 4 days (all we have)−0.155%−$15 · spread now +0.025%, 7d avg +0.022%
=The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BEUSDTM | 275.83 | 0.0100 | pay 0.0100% / 8h | 5h 48m | $358K | $190K | 20x |
| Short | OKX BE-USDT-SWAP | 275.90 | 0 | get 0.0000% / 8h | 5h 48m | $2.6M | $6.9M | 25x |
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: +0.025% → +0.022%
- $0.36
- Slippage, 4 orders
- −$214.22
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$256.86
- Costs to cover
- 2.362%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 55 min ago; OKX: live order book, 2 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 | 16.97 bp | 85.5 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.09 bp | 15.6 bp −$16 | 83.9 bp −$839 | doesn't fit | doesn't fit |
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDT | 0.0000% | 8h | 275.73 | −0.038% | $348K | $137K | 20x | as long as short |
| OKX BE-USDT-SWAPshort | 0.0000% | 8h | 275.90 | +0.025% | $2.6M | $6.9M | 25x | |
| Gate BE_USDT | 0.0000% | 8h | 275.80 | −0.011% | $1.4M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 275.83 | 0.000% | $1.6M | $3.1M | 20x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 275.53 | −0.109% | $1K | $2.0M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0008% | 1h | 274.05 | −0.645% | $469K | $132K | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 275.78 | −0.018% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 275.99 | +0.058% | $251K | $301K | 10x | as long as short |
| QFEX BE-USD | +0.0037% | 1h | 275.88 | +0.018% | $1.3M | $2.2M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 275.70 | −0.047% | $115K | $96K | 10x | as long as short |
Show all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BE-USD-PERP | +0.0046% | 1h | 275.93 | +0.036% | — | — | 10x | as long as short |
| Binance BEUSDT | +0.0056% | 8h | 275.85 | +0.007% | $8.3M | $39.0M | 25x | as long as short |
| Extended BE-USD | +0.0056% | 1h | 275.69 | −0.051% | $46K | $388K | 10x | as long as short |
| Bybit BEUSDT | +0.0093% | 8h | 275.87 | +0.015% | $2.0M | $1.0M | 25x | as long as short |
| KuCoin BEUSDTMlong | +0.0100% | 8h | 275.83 | long leg | $358K | $190K | 20x | |
| Aevo BE-PERP | +0.0104% | 1h | 275.99 | +0.057% | — | — | 10x | as long as short |
| HTX BE-USDT | +0.0109% | 8h | 275.75 | −0.029% | $13K | $35K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0149% | 1h | 275.96 | +0.047% | $7K | $4K | 10x | as long as short |
| BloFin BE-USDT | +0.0172% | 8h | 276.00 | +0.062% | $46K | $163K | 20x | as long as short |
| tradeXYZ xyz:BE | +0.0201% | 1h | 275.86 | +0.011% | $5.9M | $2.9M | 10x | as long as short |
| GRVT BE_USDT_Perp | +0.0760% | 8h | 275.34 | −0.176% | $6K | $137K | 10x | as long as short |
KuCoin BEUSDTM
OKX BE-USDT-SWAP
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
Coinbase International BE-PERP-INTX
Lighter BE
Lighter RH BE
Binance BEUSDT
Extended BE-USD
Bybit BEUSDT
HTX BE-USDT
Deribit BE_USDC-PERPETUAL
BloFin BE-USDT
tradeXYZ xyz:BE
GRVT BE_USDT_Perp