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: OKX against KuCoin+0.270%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,065as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,023as in the Price arb table
costs, in and out, $10k−$1,04710.475% of the position
Funding, last 7 days−0.173%−$17 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.270%, 7d avg +0.022%
=The price spread pays, funding is against you. OKX is 0.248% dearer against KuCoin than usual: you sell high and buy low (spread +0.270% now, against its 7-day average of +0.022%): +$25 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CSCOUSDTM | 111.15 | 0.0100 | pay 0.0100% / 8h | 4h 39m | $326K | $703K | 20x |
| Short | OKX CSCO-USDT-SWAP | 111.45 | 0 | get 0.0000% / 8h | 4h 39m | $272K | $162K | 20x |
KuCoin CSCOUSDTM
OKX CSCO-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
- −$21
- Price spread: +0.270% → +0.022%
- $24.83
- Slippage, 4 orders
- −$1,025.45
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$1,043.62
- Costs to cover
- 10.475%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 45 min ago; OKX: live order book, 16 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, 45 min ago | 21.10 bp | 785.7 bp −$786 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 16 min ago | 6.73 bp | 18.5 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
CSCO on 13 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 CSCOUSDT | 0.0000% | 8h | 111.49 | +0.307% | $4K | $6K | 20x | as long as short |
| Binance CSCOUSDT | 0.0000% | 8h | 111.51 | +0.324% | $740K | $452K | 20x | as long as short |
| Bybit CSCOUSDT | 0.0000% | 8h | 111.50 | +0.315% | $416K | $59K | 25x | as long as short |
| OKX CSCO-USDT-SWAPshort | 0.0000% | 8h | 111.45 | +0.270% | $272K | $162K | 20x | |
| Gate CSCO_USDT | 0.0000% | 8h | 111.58 | +0.387% | $305K | $7K | 25x | as long as short |
| Bitget CSCOUSDT | 0.0000% | 8h | 111.56 | +0.369% | $337K | $74K | 20x | as long as short |
| Variational Omni CSCO | 0.0000% | 8h | 111.57 | +0.382% | $39K | $8K | — | as long as short |
| GRVT CSCO_USDT_Perp | 0.0000% | 8h | 111.55 | +0.360% | $638 | $192K | 10x | as long as short |
| SunX CSCO-USDT | 0.0000% | 8h | 111.60 | +0.405% | $1K | $1.3M | 10x | as long as short |
| HTX CSCO-USDT | 0.0000% | 8h | 111.96 | +0.729% | $6K | $3K | 10x | as long as short |
Aster CSCOUSDT
Binance CSCOUSDT
Bybit CSCOUSDT
Gate CSCO_USDT
Bitget CSCOUSDT
Variational Omni CSCO
GRVT CSCO_USDT_Perp
SunX CSCO-USDT
HTX CSCO-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CSCOUSDT | 0.0000% | 8h | 111.57 | +0.378% | $1.3M | $35K | 10x | as long as short |
| KuCoin CSCOUSDTMlong | +0.0100% | 8h | 111.15 | long leg | $326K | $703K | 20x | |
| Extended CSCO_24_5-USD | +0.0104% | 1h | 111.38 | +0.202% | $232K | $2K | 10x | as long as short |
Phemex CSCOUSDT
Extended CSCO_24_5-USD