Funding you earn now, next payment 10:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.009%
Price spread now: KuCoin against SoDEX+0.051%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.051% dearer against SoDEX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX COIN-USD | 197.70 | 0.0050 | pay 0.0006% / 1h | 57m 12s | $75 | $3K | 10x |
| Short | KuCoin COINUSDTM | 197.80 | 0.0100 | get 0.0100% / 8h | 6h 57m | $932K | $228K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against SoDEX. 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
- $10.5
- Price spread: +0.051% → 0.000%
- $5.06
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$4.44
- Costs to cover
- 0.200%
- Break-even
- 10.0 days
Slippage unknown: SoDEX: no order-book sample; KuCoin: live order book, 67 min ago. Net counts fees only.
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 SoDEX no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 67 min ago | 13.31 bp | 58.5 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.283% | $17K | $224K | 30x | as long as short |
| Ondo Perps COIN-USD.P | −0.0142% | 1h | 197.47 | −0.116% | $381K | $2.3M | 10x | as long as short |
| Vest COIN-USD-PERP | −0.0020% | 1h | 197.50 | −0.101% | — | $322K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.82 | +0.059% | $345K | $879K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.87 | +0.086% | $4.7M | $5.8M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 198.12 | +0.212% | $3.1M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 197.91 | +0.106% | $1.2M | $6.5M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 198.08 | +0.192% | $6.4M | $10.0M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.99 | +0.146% | $672K | $831K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 198.26 | +0.283% | $14K | $3.0M | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended COIN_24_5-USD | +0.0024% | 1h | 197.76 | +0.032% | $105K | $848K | 10x | as long as short |
| Binance COINUSDT | +0.0027% | 8h | 197.90 | +0.099% | $14.6M | $79.3M | 20x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.70 | −0.002% | $357K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.71 | +0.005% | $471K | $1.2M | 10x | as long as short |
| QFEX COIN-USD | +0.0036% | 1h | 197.60 | −0.051% | $1.3M | $2.7M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.75 | +0.025% | $17K | $37K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0046% | 1h | 197.90 | +0.101% | $14.9M | $12.2M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.55 | −0.076% | $138K | $1.4M | 10x | as long as short |
| SoDEX COIN-USDlong | +0.0050% | 1h | 197.70 | long leg | $75 | $3K | 10x | |
| KuCoin COINUSDTMshort | +0.0100% | 8h | 197.80 | +0.051% | $932K | $228K | 20x | |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.00 | +0.152% | $89K | $280K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.82 | +0.061% | $572 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.70 | 0.000% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0108% | 8h | 197.91 | +0.106% | $190K | $489K | 20x | as long as short |
| Phoenix COIN | +0.0164% | 1h | 198.21 | +0.258% | $5K | $253K | 10x | as long as short |
| edgeX COINUSDC | +0.0632% | 4h | 198.03 | +0.165% | $51K | $293K | 10x | as long as short |
SoDEX COIN-USD
KuCoin COINUSDTM
Injective COIN/USDC PERP
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Extended COIN_24_5-USD
Binance COINUSDT
Lighter COIN
Lighter RH COIN
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
ApeX Omni COINUSDT
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC