Funding you earn now, next payment 08:00 UTC+0.0279%/8h= +30.6% APRnext payment +$2.79 per $10,000 · paid last 24h −0.030%
Price spread now: OKX against KuCoin+0.204%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1821.822% of the position
Funding, last 7 days−0.127%−$13 on $10k
+Price spread, last 4 days (all we have)−1.141%−$114 · spread now +0.204%, 7d avg +0.091%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and OKX is 0.112% dearer against KuCoin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.091%. Mind the row above: over the last 7 days funding on this pair cost −0.127%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.127% in total (about -6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.79 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 COHRUSDTM | 324.20 | −0.0279 | get 0.0279% / 8h | 5h 02m | $359K | $334K | 20x |
| Short | OKX COHR-USDT-SWAP | 324.86 | 0 | get 0.0000% / 8h | 5h 02m | $1.0M | $2.1M | 25x |
KuCoin COHRUSDTM
OKX COHR-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
- $58.59
- Price spread: +0.204% → +0.091%
- $11.23
- Slippage, 4 orders
- −$160.16
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$112.34
- Costs to cover
- 1.822%
- Break-even
- 20.4 days
Slippage from KuCoin: live order book, 19 min ago; OKX: live order book, 4 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, 19 min ago | 21.64 bp | 125.8 bp −$126 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.92 bp | 13.6 bp −$14 | 54.6 bp −$546 | doesn't fit | doesn't fit |
COHR on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin COHRUSDTMlong | −0.0279% | 8h | 324.20 | long leg | $359K | $334K | 20x | |
| BloFin COHR-USDT | −0.0013% | 8h | 324.77 | +0.176% | $46K | $113K | 20x | as long as short |
| Aster COHRUSDT | 0.0000% | 8h | 324.67 | +0.146% | $40K | $36K | 20x | as long as short |
| Extended COHR-USD | 0.0000% | 1h | 324.67 | +0.144% | $36K | $190K | 10x | as long as short |
| Binance COHRUSDT | 0.0000% | 8h | 324.72 | +0.160% | $7.4M | $9.2M | 25x | as long as short |
| Bybit COHRUSDT | 0.0000% | 8h | 324.50 | +0.093% | $1.2M | $339K | 25x | as long as short |
| OKX COHR-USDT-SWAPshort | 0.0000% | 8h | 324.86 | +0.204% | $1.0M | $2.1M | 25x | |
| Gate COHR_USDT | 0.0000% | 8h | 324.65 | +0.139% | $621K | $1.1M | 25x | as long as short |
| Bitget COHRUSDT | 0.0000% | 8h | 324.45 | +0.077% | $1.8M | $1.3M | 20x | as long as short |
| GRVT COHR_USDT_Perp | 0.0000% | 8h | 324.74 | +0.167% | $1K | $174K | 10x | as long as short |
BloFin COHR-USDT
Aster COHRUSDT
Extended COHR-USD
Binance COHRUSDT
Bybit COHRUSDT
Gate COHR_USDT
Bitget COHRUSDT
GRVT COHR_USDT_PerpShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX COHR-USDT | 0.0000% | 8h | 324.69 | +0.151% | — | $2.4M | 10x | as long as short |
| HTX COHR-USDT | 0.0000% | 8h | 325.11 | +0.281% | $5K | $41K | 10x | as long as short |
| QFEX COHR-USD | +0.0026% | 1h | 324.63 | +0.133% | $1.2M | $3.5M | 10x | as long as short |
| Paragon para:COHR | +0.0060% | 1h | 324.38 | +0.056% | $478K | $164K | 10x | as long as short |
| Aevo COHR-PERP | +0.0104% | 1h | 324.59 | +0.122% | — | — | 10x | as long as short |
SunX COHR-USDT
HTX COHR-USDT
QFEX COHR-USD
Paragon para:COHR
Aevo COHR-PERP