BX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.109%

Price spread now: OKX against KuCoin+0.214%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$542as in the Funding arb table

Net, price: spread back to 7d avg − costs−$506as in the Price arb table

costs, in and out, $10k−$5225.225% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.199%−$20 on $10k

Price spread, last 4 days (all we have)−0.254%−$25 · spread now +0.214%, 7d avg +0.053%

Together, before fees−0.454%−$45 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.161% dearer against KuCoin than usual: you sell high and buy low (spread +0.214% now, against its 7-day average of +0.053%): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BXUSDTM	126.07	0.0100	pay 0.0100% / 8h	1h 28m	$114K	$809K	20x
Short	OKX BX-USDT-SWAP	126.34	0	get 0.0000% / 8h	1h 28m	$163K	$112K	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 +0.214%Rate

Funding earned: −$21
Price spread: +0.214% → +0.053%: $16.07
Slippage, 4 orders: −$500.47
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$527.4
Costs to cover: 5.225%
Break-even: never at this rate

Slippage from KuCoin: live order book, 41 min ago; OKX: live order book, 12 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	12.68 bp	210.1 bp −$210	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 12 min ago	3.17 bp	77.0 bp −$77	doesn't fit	doesn't fit	doesn't fit

BX on 14 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 BXUSDT	0.0000%	8h	126.12	+0.043%	$5K	$2K	20x	as long as short
Binance BXUSDT	0.0000%	8h	126.23	+0.131%	$775K	$491K	20x	as long as short
Bybit BXUSDT	0.0000%	8h	126.27	+0.159%	$482K	$803K	25x	as long as short
OKX BX-USDT-SWAPshort	0.0000%	8h	126.34	+0.214%	$163K	$112K	20x
QFEX BX-USD	0.0000%	1h	126.91	+0.666%	$1.1M	$1.5M	10x	as long as short
Gate BX_USDT	0.0000%	8h	126.39	+0.254%	$422K	$25K	20x	as long as short
Bitget BXUSDT	0.0000%	8h	126.42	+0.278%	$900K	$33K	20x	as long as short
Variational Omni BX	0.0000%	8h	126.23	+0.125%	$43K	$12K	—	as long as short
GRVT BX_USDT_Perp	0.0000%	8h	126.31	+0.192%	$345	$103K	10x	as long as short
SunX BX-USDT	0.0000%	8h	126.24	+0.135%	$544	$302K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BX-USDT	0.0000%	8h	126.31	+0.190%	$7K	$4K	20x	as long as short
tradeXYZ xyz:BX	+0.0047%	1h	126.25	+0.143%	$664K	$224K	10x	as long as short
KuCoin BXUSDTMlong	+0.0100%	8h	126.07	long leg	$114K	$809K	20x
Injective BX/USDC PERP	+0.0220%	1h	138.74	+10.050%	$4K	$32K	12x	as long as short