BOT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0987%/8h= −108.0% APRnext payment −$9.87 per $10,000 · paid last 24h +0.004%

Price spread now: OKX against KuCoin+0.103%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$881as in the Funding arb table

Net, price: spread back to 7d avg − costs−$878as in the Price arb table

costs, in and out, $10k−$8888.876% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.071%+$7 on $10k

Price spread, last 4 days (all we have)−0.280%−$28 · spread now +0.103%, 7d avg +0.003%

Together, before fees−0.209%−$21 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.100% dearer against KuCoin than usual: you sell high and buy low (spread +0.103% now, against its 7-day average of +0.003%): +$10 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 8 hours. Mind the row above: over the last 7 days funding on this pair paid +0.071%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.071% in total (about 3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.87 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BOTUSDTM	29.080	−0.0878	get 0.0878% / 8h	17m 33s	$93K	$408K	20x
Short	OKX BOT-USDT-SWAP	29.110	−0.1865	pay 0.1865% / 8h	17m 33s	$232K	$222K	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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee OKXbpOrdersPrice spread, now +0.103%Rate

Funding earned: −$207.18
Price spread: +0.103% → +0.003%: $10.04
Slippage, 4 orders: −$865.61
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$1,084.75
Costs to cover: 8.876%
Break-even: never at this rate

Slippage from KuCoin: live order book, 16 min ago; OKX: live order book, 18 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, 16 min ago	17.19 bp	313.7 bp −$314	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 18 min ago	6.87 bp	85.7 bp −$86	doesn't fit	doesn't fit	doesn't fit

BOT on 12 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
OKX BOT-USDT-SWAPshort	−0.1865%	8h	29.110	+0.103%	$232K	$222K	20x
tradeXYZ xyz:BOT	−0.0997%	1h	29.052	−0.096%	$3.0M	$800K	10x	as long as short
KuCoin BOTUSDTMlong	−0.0878%	8h	29.080	long leg	$93K	$408K	20x
Binance BOTUSDT	−0.0681%	8h	29.100	+0.069%	$457K	$1.2M	10x	as long as short
Variational Omni BOT	−0.0579%	8h	29.080	0.000%	$33K	$16K	—	as long as short
Bitget BOTUSDT	−0.0131%	8h	29.170	+0.309%	$242K	$130K	5x	as long as short
QFEX BOT-USD	−0.0012%	1h	29.090	+0.034%	$1.2M	$485K	10x	as long as short
Bybit BOTUSDT	0.0000%	8h	29.060	−0.069%	$511K	$576K	25x	as long as short
Gate BOT_USDT	0.0000%	8h	29.130	+0.172%	$250K	$230K	20x	as long as short
Lighter BOT	+0.0032%	1h	29.299	+0.753%	$67K	$1K	3x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus BOT-USD	+0.0040%	1h	29.040	−0.138%	$3K	$9K	5x	as long as short
HTX BOT-USDT	+0.0100%	8h	29.094	+0.048%	$4K	$34K	10x	as long as short