Settings8H · net · $10k
Funding arb · Price arb /

BE

RWAall BE markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.339%−$34 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BEUSDTM275.830.0100pay 0.0100% / 8h5h 48m$358K$190K20x
ShortOKX BE-USDT-SWAP275.900get 0.0000% / 8h5h 48m$2.6M$6.9M25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 55 min ago16.97 bp85.5 bp −$86doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 2 min ago1.09 bp15.6 bp −$1683.9 bp −$839doesn't fitdoesn't fit

BE on 21 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BEUSDT0.0000%8h275.73−0.038%$348K$137K20xas long as short
OKX BE-USDT-SWAPshort0.0000%8h275.90+0.025%$2.6M$6.9M25x
Gate BE_USDT0.0000%8h275.80−0.011%$1.4M$3.4M50xas long as short
Bitget BEUSDT0.0000%8h275.830.000%$1.6M$3.1M20xas long as short
SunX BE-USDT0.0000%8h275.53−0.109%$1K$2.0M10xas long as short
Coinbase International BE-PERP-INTX+0.0008%1h274.05−0.645%$469K$132K10xas long as short
Lighter BE+0.0032%1h275.78−0.018%10xas long as short
Lighter RH BE+0.0032%1h275.99+0.058%$251K$301K10xas long as short
QFEX BE-USD+0.0037%1h275.88+0.018%$1.3M$2.2M10xas long as short
Arcus BE-USD+0.0040%1h275.70−0.047%$115K$96K10xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BE-USD-PERP+0.0046%1h275.93+0.036%10xas long as short
Binance BEUSDT+0.0056%8h275.85+0.007%$8.3M$39.0M25xas long as short
Extended BE-USD+0.0056%1h275.69−0.051%$46K$388K10xas long as short
Bybit BEUSDT+0.0093%8h275.87+0.015%$2.0M$1.0M25xas long as short
KuCoin BEUSDTMlong+0.0100%8h275.83long leg$358K$190K20x
Aevo BE-PERP+0.0104%1h275.99+0.057%10xas long as short
HTX BE-USDT+0.0109%8h275.75−0.029%$13K$35K20xas long as short
Deribit BE_USDC-PERPETUAL+0.0149%1h275.96+0.047%$7K$4K10xas long as short
BloFin BE-USDT+0.0172%8h276.00+0.062%$46K$163K20xas long as short
tradeXYZ xyz:BE+0.0201%1h275.86+0.011%$5.9M$2.9M10xas long as short
GRVT BE_USDT_Perp+0.0760%8h275.34−0.176%$6K$137K10xas long as short