Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.10 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against KuCoin−0.537%7-day average −0.390% · you buy dearer than you sell
Net, funding: paid 7d − costs−$779as in the Funding arb table
Net, price: spread back to 7d avg − costs−$833as in the Price arb table
costs, in and out, $10k−$8188.179% of the position
Funding, last 7 days+0.390%+$39 on $10k
+Price spread, last 4 days (all we have)+0.319%+$32 · spread now −0.537%, 7d avg −0.390%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and OKX is 0.147% cheaper against KuCoin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.390%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.390%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GPROUSDTM | 1.3040 | 0.0533 | pay 0.0533% / 8h | 49m 04s | $64K | $1.2M | 20x |
| Short | OKX GPRO-USDT-SWAP | 1.2970 | 0.0523 | get 0.0523% / 8h | 49m 04s | $547K | $687K | 10x |
KuCoin GPROUSDTM
OKX GPRO-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
- −$2.04
- Price spread: −0.537% → −0.390%
- −$14.73
- Slippage, 4 orders
- −$795.92
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$834.68
- Costs to cover
- 8.179%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; OKX: live order book, 52 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, 6 min ago | 19.16 bp | 266.5 bp −$267 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 52 min ago | 7.72 bp | 44.4 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
GPRO on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GPROUSDT | 0.0000% | 8h | 1.3056 | +0.123% | $361K | $224K | 25x | as long as short |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3100 | +0.460% | $1.2M | $31K | 10x | as long as short |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3021 | −0.146% | $55K | $130K | 20x | as long as short |
| Bitget GPROUSDT | 0.0000% | 8h | 1.3036 | −0.031% | $421K | $2.7M | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3040 | 0.000% | — | $1.7M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3030 | −0.077% | $8K | $206K | 20x | as long as short |
| Binance GPROUSDT | +0.0409% | 8h | 1.3030 | −0.077% | $872K | $1.7M | 20x | as long as short |
| Variational Omni GPRO | +0.0429% | 8h | 1.3027 | −0.096% | $37K | $30K | — | as long as short |
| OKX GPRO-USDT-SWAPshort | +0.0523% | 8h | 1.2970 | −0.537% | $547K | $687K | 10x | |
| Entropy io:GPRO | +0.0529% | 1h | 1.3023 | −0.130% | $483K | $30.6M | 5x | as long as short |
Bybit GPROUSDT
QFEX GPRO-USD
Gate GPRO_USDT
Bitget GPROUSDT
SunX GPRO-USDT
HTX GPRO-USDT
Binance GPROUSDT
Variational Omni GPRO
Entropy io:GPROShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GPROUSDTMlong | +0.0533% | 8h | 1.3040 | long leg | $64K | $1.2M | 20x | |
| Aster GPROUSD1 | +0.0543% | 8h | 1.3024 | −0.123% | $7.7M | $19.1M | 20x | as long as short |
Aster GPROUSD1