Funding you earn now, next payment 08:00 UTC+0.0065%/8h= +7.1% APRnext payment +$0.65 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against OKX+0.462%7-day average +0.390% · you sell dearer than you buy
Net, funding: paid 7d − costs−$892as in the Funding arb table
Net, price: spread back to 7d avg − costs−$846as in the Price arb table
costs, in and out, $10k−$8538.534% of the position
Funding, last 7 days−0.390%−$39 on $10k
+Price spread, last 4 days (all we have)−0.289%−$29 · spread now +0.462%, 7d avg +0.390%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.073% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.390%. Mind the row above: over the last 7 days funding on this pair cost −0.390%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GPRO-USDT-SWAP | 1.2980 | 0.0925 | pay 0.0925% / 8h | 2h 06m | $546K | $698K | 10x |
| Short | KuCoin GPROUSDTM | 1.3040 | 0.0990 | get 0.0990% / 8h | 2h 06m | $64K | $1.3M | 20x |
OKX GPRO-USDT-SWAP
KuCoin GPROUSDTMFunding 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
- $13.7
- Price spread: +0.462% → +0.390%
- $7.26
- Slippage, 4 orders
- −$831.45
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$832.48
- Costs to cover
- 8.534%
- Break-even
- 432.3 days
Slippage from OKX: live order book, 39 min ago; KuCoin: live order book, 3 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, 39 min ago | 7.70 bp | 32.1 bp −$32 | 410.9 bp −$4,109 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 26.85 bp | 392.0 bp −$392 | 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 | 1.3062 | +0.632% | $362K | $226K | 25x | as long as short |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3100 | +0.924% | $1.2M | $31K | 10x | as long as short |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3007 | +0.208% | $54K | $130K | 20x | as long as short |
| Bitget GPROUSDT | 0.0000% | 8h | 1.3033 | +0.408% | $425K | $2.6M | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3020 | +0.308% | — | $1.8M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3030 | +0.385% | $8K | $209K | 20x | as long as short |
| Variational Omni GPRO | +0.0883% | 8h | 1.3018 | +0.291% | $37K | $33K | — | as long as short |
| Binance GPROUSDT | +0.0905% | 8h | 1.3000 | +0.154% | $881K | $1.7M | 20x | as long as short |
| OKX GPRO-USDT-SWAPlong | +0.0925% | 8h | 1.2980 | long leg | $546K | $698K | 10x | |
| KuCoin GPROUSDTMshort | +0.0990% | 8h | 1.3040 | +0.462% | $64K | $1.3M | 20x |
Bybit GPROUSDT
QFEX GPRO-USD
Gate GPRO_USDT
Bitget GPROUSDT
SunX GPRO-USDT
HTX GPRO-USDT
Variational Omni GPRO
Binance GPROUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GPROUSD1 | +0.1103% | 8h | 1.3019 | +0.302% | $7.7M | $14.4M | 20x | as long as short |
| Entropy io:GPRO | +0.1610% | 1h | 1.3007 | +0.208% | $469K | $30.6M | 5x | as long as short |
Aster GPROUSD1
Entropy io:GPRO