COST

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 −0.028%

Price spread now: OKX against KuCoin+0.139%7-day average +0.117% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,075as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,057as in the Price arb table

costs, in and out, $10k−$1,05910.590% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.162%−$16 on $10k

Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.139%, 7d avg +0.117%

Together, before fees−0.264%−$26 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.022% dearer against KuCoin than usual: you sell high and buy low (spread +0.139% now, against its 7-day average of +0.117%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 18 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin COSTUSDTM	898.70	0.0100	pay 0.0100% / 8h	5h 02m	$47K	$876K	20x
Short	OKX COST-USDT-SWAP	899.95	0	get 0.0000% / 8h	5h 02m	$447K	$109K	10x

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 +0.139%Rate

Funding earned: −$21
Price spread: +0.139% → +0.117%: $2.24
Slippage, 4 orders: −$1,036.99
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$1,077.76
Costs to cover: 10.590%
Break-even: never at this rate

Slippage from KuCoin: live order book, 42 min ago; OKX: live order book, 59 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, 42 min ago	33.92 bp	337.1 bp −$337	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 59 min ago	4.39 bp	12.6 bp −$13	doesn't fit	doesn't fit	doesn't fit

COST 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
Aster COSTUSDT	0.0000%	8h	899.29	+0.066%	$45K	$178	20x	as long as short
Bybit COSTUSDT	0.0000%	8h	899.15	+0.050%	$491K	$218K	25x	as long as short
OKX COST-USDT-SWAPshort	0.0000%	8h	899.95	+0.139%	$447K	$109K	10x
Gate COST_USDT	0.0000%	8h	899.58	+0.098%	$521K	$8K	25x	as long as short
Bitget COSTUSDT	0.0000%	8h	899.15	+0.050%	$403K	$77K	25x	as long as short
Variational Omni COST	0.0000%	8h	899.20	+0.056%	$42K	$17K	—	as long as short
SunX COST-USDT	0.0000%	8h	899.00	+0.033%	$1K	$2.9M	10x	as long as short
HTX COST-USDT	0.0000%	8h	901.12	+0.269%	$10K	$42K	10x	as long as short
QFEX COST-USD	+0.0005%	1h	899.28	+0.065%	$1.1M	$2.8M	10x	as long as short
Injective COST/USDC PERP	+0.0033%	1h	891.98	−0.748%	$2K	$28K	12x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended COST-USD	+0.0040%	1h	898.25	−0.050%	—	—	10x	as long as short
Vest COST-USD-PERP	+0.0046%	1h	898.83	+0.014%	—	—	25x	as long as short
tradeXYZ xyz:COST	+0.0050%	1h	899.03	+0.037%	$1.8M	$515K	20x	as long as short
Binance COSTUSDT	+0.0077%	8h	899.46	+0.085%	$1.1M	$925K	20x	as long as short
KuCoin COSTUSDTMlong	+0.0100%	8h	898.70	long leg	$47K	$876K	20x