BX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0732%/8h= +80.2% APRnext payment +$7.32 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against OKX+0.047%7-day average −0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$618as in the Funding arb table

Net, price: spread back to 7d avg − costs−$618as in the Price arb table

costs, in and out, $10k−$6286.277% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.095%+$10 on $10k

Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.047%, 7d avg −0.050%

Together, before fees+0.096%+$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and KuCoin is 0.097% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.050%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.095% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.32 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	OKX BX-USDT-SWAP	126.48	0.0154	pay 0.0154% / 8h	1h 03m	$163K	$106K	20x
Short	KuCoin BXUSDTM	126.54	0.0886	get 0.0886% / 8h	1h 03m	$112K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now +0.047%Rate

Funding earned: $153.81
Price spread: +0.047% → −0.050%: $9.71
Slippage, 4 orders: −$605.69
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$464.18
Costs to cover: 6.277%
Break-even: 28.1 days

Slippage from OKX: live order book, 11 min ago; KuCoin: live order book, 1 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 OKX live order book, 11 min ago	7.51 bp	77.2 bp −$77	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 1 min ago	10.27 bp	224.3 bp −$224	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
QFEX BX-USD	−0.0080%	1h	126.42	−0.047%	$1.1M	$1.3M	10x	as long as short
Aster BXUSDT	0.0000%	8h	126.38	−0.080%	$5K	$2K	20x	as long as short
Bybit BXUSDT	0.0000%	8h	126.58	+0.079%	$498K	$857K	25x	as long as short
Gate BX_USDT	0.0000%	8h	126.69	+0.166%	$425K	$20K	20x	as long as short
Bitget BXUSDT	0.0000%	8h	126.46	−0.016%	$902K	$45K	20x	as long as short
SunX BX-USDT	0.0000%	8h	126.56	+0.063%	$740	$303K	10x	as long as short
HTX BX-USDT	0.0000%	8h	126.65	+0.134%	$7K	$3K	20x	as long as short
OKX BX-USDT-SWAPlong	+0.0154%	8h	126.48	long leg	$163K	$106K	20x
Injective BX/USDC PERP	+0.0220%	1h	126.28	−0.158%	$963	$27K	12x	as long as short
tradeXYZ xyz:BX	+0.0466%	1h	126.40	−0.063%	$662K	$180K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BXUSDTMshort	+0.0886%	8h	126.54	+0.047%	$112K	$1.1M	20x
Variational Omni BX	+0.0908%	8h	126.56	+0.062%	$31K	$127	—	as long as short
Binance BXUSDT	+0.1206%	8h	126.55	+0.055%	$804K	$455K	20x	as long as short
GRVT BX_USDT_Perp	+0.2042%	8h	126.53	+0.043%	$421	$124K	10x	as long as short