Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.226%
Price spread now: KuCoin against OKX+0.086%7-day average −0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,099as in the Price arb table
costs, in and out, $10k−$1,11511.154% of the position
Funding, last 7 days−0.216%−$22 on $10k
+Price spread, last 4 days (all we have)−0.506%−$51 · spread now +0.086%, 7d avg −0.080%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.167% dearer against OKX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.080%. Mind the row above: over the last 7 days funding on this pair cost −0.216%, 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 INFQ-USDT-SWAP | 13.888 | 0 | get 0.0000% / 8h | 2h 25m | $140K | $88K | 10x |
| Short | KuCoin INFQUSDTM | 13.900 | 0.0100 | get 0.0100% / 8h | 2h 25m | $134K | $95K | 20x |
OKX INFQ-USDT-SWAP
KuCoin INFQUSDTMFunding 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
- $21
- Price spread: +0.086% → −0.080%
- $16.66
- Slippage, 4 orders
- −$1,093.4
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,077.73
- Costs to cover
- 11.154%
- Break-even
- 366.2 days
Slippage from OKX: live order book, 19 min ago; KuCoin: live order book, 24 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, 19 min ago | 12.20 bp | 184.9 bp −$185 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 24 min ago | 21.55 bp | 379.7 bp −$380 | doesn't fit | doesn't fit | doesn't fit |
INFQ on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget INFQUSDT | −0.0093% | 8h | 13.878 | −0.072% | $97K | $72K | 20x | as long as short |
| Bybit INFQUSDT | 0.0000% | 8h | 13.860 | −0.202% | $75K | $50K | 25x | as long as short |
| OKX INFQ-USDT-SWAPlong | 0.0000% | 8h | 13.888 | long leg | $140K | $88K | 10x | |
| Gate INFQ_USDT | 0.0000% | 8h | 13.900 | +0.086% | $41K | $8K | 20x | as long as short |
| KuCoin INFQUSDTMshort | +0.0100% | 8h | 13.900 | +0.086% | $134K | $95K | 20x | |
| HTX INFQ-USDT | +0.0100% | 8h | 13.940 | +0.374% | $1K | $279K | 20x | as long as short |
Bitget INFQUSDT
Bybit INFQUSDT
Gate INFQ_USDT
HTX INFQ-USDT