Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against OKX−0.093%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$512as in the Funding arb table
Net, price: spread back to 7d avg − costs−$538as in the Price arb table
costs, in and out, $10k−$5315.306% of the position
Funding, last 7 days+0.190%+$19 on $10k
+Price spread, last 4 days (all we have)−0.090%−$9 · spread now −0.093%, 7d avg −0.023%
=Funding pays, the price is against you. KuCoin is 0.070% cheaper against OKX than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of −0.023%). If the spread goes back, that is −$7 on $10k: about 2.3 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 INTW-USDT-SWAP | 32.100 | 0 | get 0.0000% / 8h | 2h 11m | $306K | $2.5M | 25x |
| Short | KuCoin INTWUSDTM | 32.070 | 0.0100 | get 0.0100% / 8h | 2h 11m | $59K | $112K | 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 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: −0.093% → −0.023%
- −$7.02
- Slippage, 4 orders
- −$508.59
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$516.62
- Costs to cover
- 5.306%
- Break-even
- 179.2 days
Slippage from OKX: live order book, 6 min ago; KuCoin: live order book, 38 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, 6 min ago | 3.14 bp | 51.5 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 38 min ago | 17.08 bp | 222.3 bp −$222 | doesn't fit | doesn't fit | doesn't fit |
INTW on 8 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 INTWUSDT | −0.2496% | 8h | 32.064 | −0.112% | $274K | $1.6M | 20x | as long as short |
| Binance INTWUSDT | 0.0000% | 8h | 32.105 | +0.014% | $3.1M | $35.3M | 25x | as long as short |
| Bybit INTWUSDT | 0.0000% | 8h | 32.090 | −0.031% | $732K | $1.2M | 25x | as long as short |
| OKX INTW-USDT-SWAPlong | 0.0000% | 8h | 32.100 | long leg | $306K | $2.5M | 25x | |
| Gate INTW_USDT | 0.0000% | 8h | 32.100 | 0.000% | $490K | $2.1M | 25x | as long as short |
| MEXC INTW_USDT | 0.0000% | 8h | 32.080 | −0.062% | $1.3M | $415K | 50x | as long as short |
| HTX INTW-USDT | 0.0000% | 8h | 32.100 | 0.000% | $10K | $8K | 10x | as long as short |
| KuCoin INTWUSDTMshort | +0.0100% | 8h | 32.070 | −0.093% | $59K | $112K | 20x |
OKX INTW-USDT-SWAP
KuCoin INTWUSDTM
Bitget INTWUSDT
Binance INTWUSDT
Bybit INTWUSDT
Gate INTW_USDT
MEXC INTW_USDT
HTX INTW-USDT