Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.032%
Price spread now: KuCoin against OKX−0.049%7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$652as in the Funding arb table
Net, price: spread back to 7d avg − costs−$693as in the Price arb table
costs, in and out, $10k−$6826.820% of the position
Funding, last 7 days+0.297%+$30 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.049%, 7d avg +0.059%
=Funding pays, the price is against you. KuCoin is 0.108% cheaper against OKX than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of +0.059%). If the spread goes back, that is −$11 on $10k: about 3.6 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 KLAC-USDT-SWAP | 182.52 | 0 | get 0.0000% / 8h | 49m 05s | $380K | $273K | 20x |
| Short | KuCoin KLACUSDTM | 182.43 | 0.0100 | get 0.0100% / 8h | 49m 05s | $201K | $896K | 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: −0.049% → +0.059%
- −$10.81
- Slippage, 4 orders
- −$660
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$671.81
- Costs to cover
- 6.820%
- Break-even
- 230.9 days
Slippage from OKX: live order book, 51 min ago; KuCoin: live order book, 45 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, 51 min ago | 3.85 bp | 43.7 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 45 min ago | 9.62 bp | 268.6 bp −$269 | doesn't fit | doesn't fit | doesn't fit |
KLAC on 10 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 KLACUSDT | −0.0254% | 8h | 182.54 | +0.011% | $697K | $153K | 20x | as long as short |
| Binance KLACUSDT | 0.0000% | 8h | 182.51 | −0.005% | $1.2M | $1.4M | 20x | as long as short |
| Bybit KLACUSDT | 0.0000% | 8h | 182.46 | −0.033% | $310K | $241K | 25x | as long as short |
| OKX KLAC-USDT-SWAPlong | 0.0000% | 8h | 182.52 | long leg | $380K | $273K | 20x | |
| Gate KLAC_USDT | 0.0000% | 8h | 182.19 | −0.181% | $459K | $33K | 20x | as long as short |
| Variational Omni KLAC | 0.0000% | 8h | 182.42 | −0.052% | $20K | $27K | — | as long as short |
| Extended KLAC_24_5-USD | +0.0040% | 1h | 182.29 | −0.123% | $5K | $4K | 10x | as long as short |
| Vest KLAC-USD-PERP | +0.0046% | 1h | 182.27 | −0.137% | — | $6K | 10x | as long as short |
| KuCoin KLACUSDTMshort | +0.0100% | 8h | 182.43 | −0.049% | $201K | $896K | 20x | |
| HTX KLAC-USDT | +0.0100% | 8h | 182.43 | −0.049% | $9K | $353K | 10x | as long as short |
OKX KLAC-USDT-SWAP
KuCoin KLACUSDTM
Bitget KLACUSDT
Binance KLACUSDT
Bybit KLACUSDT
Gate KLAC_USDT
Variational Omni KLAC
Extended KLAC_24_5-USD
HTX KLAC-USDT