Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against OKX−0.126%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1601.603% of the position
Funding, last 7 days+0.123%+$12 on $10k
+Price spread, last 7 days+0.070%+$7 · spread now −0.126%, 7d avg −0.019%
=Funding pays, the price is against you. KuCoin is 0.107% cheaper against OKX than usual: you would sell low and buy high (spread −0.126% now, against its 7-day average of −0.019%). If the spread goes back, that is −$11 on $10k: about 3.6 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX COIN-USDT-SWAP | 197.68 | 0 | get 0.0000% / 8h | 6h 39m | $3.1M | $4.5M | 20x |
| Short | KuCoin COINUSDTM | 197.43 | 0.0100 | get 0.0100% / 8h | 6h 39m | $981K | $138K | 20x |
OKX COIN-USDT-SWAP
KuCoin COINUSDTMFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: −0.126% → −0.019%
- −$10.73
- Slippage, 4 orders
- −$138.26
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$149.98
- Costs to cover
- 1.603%
- Break-even
- 57.0 days
Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, just now.
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, 4 min ago | 0.25 bp | 11.0 bp −$11 | 22.5 bp −$225 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, just now | 17.21 bp | 55.0 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.14 | −0.273% | $43K | $48K | 30x | as long as short |
| Bitget COINUSDT | −0.0104% | 8h | 197.67 | −0.005% | $6.5M | $10.3M | 20x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.58 | −0.051% | $362K | $850K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.55 | −0.065% | $117K | $699K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.60 | −0.040% | $14.9M | $78.0M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.57 | −0.056% | $4.9M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAPlong | 0.0000% | 8h | 197.68 | long leg | $3.1M | $4.5M | 20x | |
| Gate COIN_USDT | 0.0000% | 8h | 197.58 | −0.051% | $1.3M | $6.9M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.93 | +0.129% | $820K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 198.00 | +0.162% | $14K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Bitget COINUSDT
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest COIN-USD-PERP | +0.0009% | 1h | 196.88 | −0.405% | — | $289K | 25x | as long as short |
| QFEX COIN-USD | +0.0028% | 1h | 197.32 | −0.182% | $1.3M | $3.7M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.42 | −0.132% | $388K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.37 | −0.157% | $428K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.89 | +0.106% | $16K | $53K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.58 | −0.051% | $15.9M | $13.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.16 | −0.263% | $127K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.28 | −0.202% | $93 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.01 | −0.339% | $349K | $3.2M | 10x | as long as short |
| KuCoin COINUSDTMshort | +0.0100% | 8h | 197.43 | −0.126% | $981K | $138K | 20x | |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.23 | +0.278% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.51 | −0.086% | $571 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.42 | −0.132% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 199.02 | +0.678% | $198K | $377K | 20x | as long as short |
| Phoenix COIN | +0.0160% | 1h | 198.09 | +0.207% | $5K | $251K | 10x | as long as short |
| edgeX COINUSDC | +0.0362% | 4h | 198.51 | +0.421% | $51K | $293K | 10x | as long as short |
Vest COIN-USD-PERP
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC