COST

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.74 per $10,000 · paid last 24h +0.028%

Price spread now: KuCoin against OKX−0.046%7-day average −0.116% · you buy dearer than you sell

Net, funding: paid 7d − costs−$745as in the Funding arb table

Net, price: spread back to 7d avg − costs−$754as in the Price arb table

costs, in and out, $10k−$7617.609% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−0.054%−$5 · spread now −0.046%, 7d avg −0.116%

Together, before fees+0.109%+$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.070% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.116%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX COST-USDT-SWAP	898.51	0.0026	pay 0.0026% / 8h	6h 38m	$444K	$121K	10x
Short	KuCoin COSTUSDTM	898.10	0.0100	get 0.0100% / 8h	6h 38m	$47K	$865K	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 −0.046%Rate

Funding earned: $15.62
Price spread: −0.046% → −0.116%: $7.01
Slippage, 4 orders: −$738.85
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$738.22
Costs to cover: 7.609%
Break-even: 337.8 days

Slippage from OKX: live order book, 27 min ago; KuCoin: live order book, 11 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, 27 min ago	1.78 bp	10.8 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 11 min ago	56.05 bp	383.3 bp −$383	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	898.72	+0.023%	$45K	$178	20x	as long as short
Bybit COSTUSDT	0.0000%	8h	899.04	+0.059%	$491K	$218K	25x	as long as short
Gate COST_USDT	0.0000%	8h	899.04	+0.059%	$523K	$7K	25x	as long as short
Bitget COSTUSDT	0.0000%	8h	898.65	+0.016%	$403K	$111K	25x	as long as short
SunX COST-USDT	0.0000%	8h	898.00	−0.057%	$2K	$3.0M	10x	as long as short
HTX COST-USDT	0.0000%	8h	900.32	+0.201%	$10K	$42K	10x	as long as short
QFEX COST-USD	+0.0009%	1h	898.83	+0.036%	$1.1M	$3.0M	10x	as long as short
OKX COST-USDT-SWAPlong	+0.0026%	8h	898.51	long leg	$444K	$121K	10x
Injective COST/USDC PERP	+0.0033%	1h	891.98	−0.727%	$2K	$28K	12x	as long as short
Extended COST-USD	+0.0040%	1h	898.25	−0.029%	—	—	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest COST-USD-PERP	+0.0046%	1h	898.96	+0.050%	—	—	25x	as long as short
tradeXYZ xyz:COST	+0.0050%	1h	898.75	+0.027%	$1.8M	$524K	20x	as long as short
KuCoin COSTUSDTMshort	+0.0100%	8h	898.10	−0.046%	$47K	$865K	20x
Variational Omni COST	+0.0223%	8h	898.82	+0.035%	$42K	$17K	—	as long as short
Binance COSTUSDT	+0.0364%	8h	898.97	+0.051%	$1.1M	$935K	20x	as long as short