Funding you earn now, next payment 08:00 UTC−0.0339%/8h= −37.2% APRnext payment −$3.39 per $10,000 · paid last 24h −0.029%
Price spread now: KuCoin against OKX−0.123%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$2062.061% of the position
Funding, last 7 days+0.056%+$6 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.123%, 7d avg −0.073%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.049% cheaper against OKX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.073%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.056%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.056% in total (about 2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.39 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DELL-USDT-SWAP | 578.37 | 0.0439 | pay 0.0439% / 8h | 4h 38m | $5.9M | $6.7M | 20x |
| Short | KuCoin DELLUSDTM | 577.66 | 0.0100 | get 0.0100% / 8h | 4h 38m | $947K | $29K | 20x |
OKX DELL-USDT-SWAP
KuCoin DELLUSDTMFunding 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
- −$71.28
- Price spread: −0.123% → −0.073%
- −$4.94
- Slippage, 4 orders
- −$184.14
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$282.36
- Costs to cover
- 2.061%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 10 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, 4 min ago | 1.38 bp | 10.5 bp −$11 | 57.7 bp −$577 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 14.22 bp | 66.4 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
DELL on 20 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 DELLUSDT | 0.0000% | 8h | 577.27 | −0.191% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 578.15 | −0.038% | $4.1M | $7.3M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 578.10 | −0.047% | $3.6M | $4.6M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 578.54 | +0.029% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −1.158% | $8K | $83K | 12x | as long as short |
| Bybit DELLUSDT | +0.0043% | 8h | 578.05 | −0.055% | $6.2M | $3.9M | 50x | as long as short |
| tradeXYZ xyz:DELL | +0.0053% | 1h | 577.57 | −0.138% | $7.6M | $7.0M | 10x | as long as short |
| KuCoin DELLUSDTMshort | +0.0100% | 8h | 577.66 | −0.123% | $947K | $29K | 20x | |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 579.06 | +0.119% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 578.75 | +0.066% | $17K | $58K | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
Bybit DELLUSDT
tradeXYZ xyz:DELL
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DELL-USD | +0.0172% | 1h | 578.24 | −0.022% | $7K | $54K | 10x | as long as short |
| edgeX DELLUSDC | +0.0198% | 4h | 578.80 | +0.075% | $5K | $333K | 10x | as long as short |
| OKX DELL-USDT-SWAPlong | +0.0439% | 8h | 578.37 | long leg | $5.9M | $6.7M | 20x | |
| GRVT DELL_USDT_Perp | +0.0476% | 8h | 578.61 | +0.042% | $654 | $151K | 10x | as long as short |
| Variational Omni DELL | +0.0514% | 8h | 578.78 | +0.071% | $264K | $86K | — | as long as short |
| Extended DELL-USD | +0.0616% | 1h | 578.11 | −0.045% | $335K | $1.2M | 10x | as long as short |
| Binance DELLUSDT | +0.0620% | 8h | 578.30 | −0.013% | $19.0M | $65.8M | 20x | as long as short |
| BloFin DELL-USDT | +0.0639% | 8h | 578.53 | +0.028% | $321K | $221K | 20x | as long as short |
| Phoenix DELL | +0.0679% | 1h | 578.45 | +0.014% | $3K | $258K | 10x | as long as short |
| Nado DELL-PERP | +0.0741% | 1h | 577.64 | −0.127% | $69K | $18K | 10x | as long as short |
Polymarket Perps DELL-USD
edgeX DELLUSDC
GRVT DELL_USDT_Perp
Variational Omni DELL
Extended DELL-USD
Binance DELLUSDT
BloFin DELL-USDT
Phoenix DELL
Nado DELL-PERP