Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.032%
Price spread now: OKX against KuCoin−0.011%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$720as in the Funding arb table
Net, price: spread back to 7d avg − costs−$686as in the Price arb table
costs, in and out, $10k−$6906.899% of the position
Funding, last 7 days−0.297%−$30 on $10k
+Price spread, last 4 days (all we have)−0.095%−$10 · spread now −0.011%, 7d avg −0.054%
=The price spread pays, funding is against you. OKX is 0.043% dearer against KuCoin than usual: you sell high and buy low (spread −0.011% now, against its 7-day average of −0.054%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 35 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KLACUSDTM | 183.28 | 0.0100 | pay 0.0100% / 8h | 5h 02m | $205K | $1.0M | 20x |
| Short | OKX KLAC-USDT-SWAP | 183.26 | 0 | get 0.0000% / 8h | 5h 02m | $380K | $222K | 20x |
KuCoin KLACUSDTM
OKX KLAC-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
- −$21
- Price spread: −0.011% → −0.054%
- $4.31
- Slippage, 4 orders
- −$667.87
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$706.56
- Costs to cover
- 6.899%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; OKX: live order book, 41 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, 1 min ago | 8.19 bp | 247.7 bp −$248 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 41 min ago | 4.91 bp | 90.0 bp −$90 | doesn't fit | doesn't fit | doesn't fit |
KLAC on 10 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KLACUSDT | 0.0000% | 8h | 183.23 | −0.028% | $1.2M | $1.4M | 20x | as long as short |
| Bybit KLACUSDT | 0.0000% | 8h | 183.33 | +0.027% | $324K | $324K | 25x | as long as short |
| OKX KLAC-USDT-SWAPshort | 0.0000% | 8h | 183.26 | −0.011% | $380K | $222K | 20x | |
| Gate KLAC_USDT | 0.0000% | 8h | 183.18 | −0.055% | $472K | $32K | 20x | as long as short |
| Bitget KLACUSDT | 0.0000% | 8h | 183.25 | −0.016% | $783K | $270K | 20x | as long as short |
| Variational Omni KLAC | 0.0000% | 8h | 183.26 | −0.010% | $20K | $19K | — | as long as short |
| Extended KLAC_24_5-USD | +0.0040% | 1h | 183.30 | +0.011% | $5K | — | 10x | as long as short |
| Vest KLAC-USD-PERP | +0.0046% | 1h | 182.66 | −0.338% | — | $6K | 10x | as long as short |
| KuCoin KLACUSDTMlong | +0.0100% | 8h | 183.28 | long leg | $205K | $1.0M | 20x | |
| HTX KLAC-USDT | +0.0100% | 8h | 183.21 | −0.038% | $9K | $356K | 10x | as long as short |
Binance KLACUSDT
Bybit KLACUSDT
Gate KLAC_USDT
Bitget KLACUSDT
Variational Omni KLAC
Extended KLAC_24_5-USD
Vest KLAC-USD-PERP
HTX KLAC-USDT