EWZ

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 +0.146%

Price spread now: KuCoin against OKX−0.342%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$777as in the Funding arb table

Net, price: spread back to 7d avg − costs−$824as in the Price arb table

costs, in and out, $10k−$7937.928% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.161%+$16 on $10k

Price spread, last 4 days (all we have)+0.315%+$32 · spread now −0.342%, 7d avg −0.030%

Together, before fees+0.477%+$48 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.311% cheaper against OKX than usual: you would sell low and buy high (spread −0.342% now, against its 7-day average of −0.030%). If the spread goes back, that is −$31 on $10k: about 10 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX EWZ-USDT-SWAP	38.060	0	get 0.0000% / 8h	4h 09m	$124K	$38K	20x
Short	KuCoin EWZUSDTM	37.930	0.0100	get 0.0100% / 8h	4h 09m	$21K	$718K	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 −0.342%Rate

Funding earned: $21
Price spread: −0.342% → −0.030%: −$31.13
Slippage, 4 orders: −$770.84
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$802.97
Costs to cover: 7.928%
Break-even: 274.7 days

Slippage from OKX: live order book, 46 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, 46 min ago	10.51 bp	27.2 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 10 min ago	1.32 bp	335.4 bp −$335	doesn't fit	doesn't fit	doesn't fit

EWZ 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
tradeXYZ xyz:EWZ	−0.0492%	1h	38.017	−0.113%	$593K	$81K	20x	as long as short
Aster EWZUSDT	0.0000%	8h	37.998	−0.163%	$9K	$50	20x	as long as short
Binance EWZUSDT	0.0000%	8h	38.000	−0.158%	$295K	$229K	20x	as long as short
Bybit EWZUSDT	0.0000%	8h	37.980	−0.210%	$328K	$17K	25x	as long as short
OKX EWZ-USDT-SWAPlong	0.0000%	8h	38.060	long leg	$124K	$38K	20x
Gate EWZ_USDT	0.0000%	8h	37.980	−0.210%	$61K	$7K	20x	as long as short
MEXC EWZ_USDT	0.0000%	8h	37.980	−0.210%	$722K	$84K	50x	as long as short
Bitget EWZUSDT	0.0000%	8h	38.011	−0.129%	$80K	$17K	20x	as long as short
Variational Omni EWZ	0.0000%	8h	38.003	−0.150%	$49K	$6K	—	as long as short
SunX EWZ-USDT	0.0000%	8h	38.010	−0.131%	$1K	$484K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX EWZ-USDT	0.0000%	8h	37.970	−0.236%	$5K	$6K	10x	as long as short
GRVT EWZ_USDT_Perp	+0.0022%	8h	38.014	−0.120%	$3	$142K	10x	as long as short
KuCoin EWZUSDTMshort	+0.0100%	8h	37.930	−0.342%	$21K	$718K	20x