Funding you earn now, next payment 08:00 UTC+0.0308%/8h= +33.7% APRnext payment +$3.08 per $10,000 · paid last 24h +0.003%
Price spread now: OKX against KuCoin−0.078%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$850as in the Funding arb table
Net, price: spread back to 7d avg − costs−$900as in the Price arb table
costs, in and out, $10k−$8948.939% of the position
Funding, last 7 days+0.442%+$44 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.078%, 7d avg −0.015%
=Funding pays, the price is against you. OKX is 0.062% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.078% now, against its 7-day average of −0.015%). If the spread goes back, that is −$6 on $10k: about 16 hours of funding at the current rate (+$9 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BSPUSDTM | 38.510 | 0.0217 | pay 0.0217% / 8h | 7h 02m | $47K | $149K | 20x |
| Short | OKX BSP-USDT-SWAP | 38.480 | 0.0525 | get 0.0525% / 8h | 7h 02m | $154K | $161K | 10x |
KuCoin BSPUSDTM
OKX BSP-USDT-SWAPFunding 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
- $64.62
- Price spread: −0.078% → −0.015%
- −$6.25
- Slippage, 4 orders
- −$871.87
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$835.5
- Costs to cover
- 8.939%
- Break-even
- 97.5 days
Slippage from KuCoin: live order book, 41 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, 41 min ago | 14.29 bp | 292.1 bp −$292 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.60 bp | 103.7 bp −$104 | doesn't fit | doesn't fit | doesn't fit |
BSP on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance BSPUSDT | 0.0000% | 8h | 38.460 | −0.129% | $480K | $694K | 10x | as long as short |
| Bybit BSPUSDT | 0.0000% | 8h | 38.510 | 0.000% | $379K | $83K | 25x | as long as short |
| Gate BSP_USDT | 0.0000% | 8h | 38.490 | −0.052% | $251K | $276K | 25x | as long as short |
| Bitget BSPUSDT | 0.0000% | 8h | 38.533 | +0.060% | $100K | $64K | 20x | as long as short |
| HTX BSP-USDT | +0.0100% | 8h | 38.480 | −0.078% | $6K | $42K | 10x | as long as short |
| KuCoin BSPUSDTMlong | +0.0217% | 8h | 38.510 | long leg | $47K | $149K | 20x | |
| OKX BSP-USDT-SWAPshort | +0.0525% | 8h | 38.480 | −0.078% | $154K | $161K | 10x |
Binance BSPUSDT
Bybit BSPUSDT
Gate BSP_USDT
Bitget BSPUSDT
HTX BSP-USDT