Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.024%
Price spread now: OKX against KuCoin+0.206%7-day average +0.158% · you sell dearer than you buy
Net, funding: paid 7d − costs−$632as in the Funding arb table
Net, price: spread back to 7d avg − costs−$611as in the Price arb table
costs, in and out, $10k−$6166.162% of the position
Funding, last 7 days−0.159%−$16 on $10k
+Price spread, last 4 days (all we have)−0.121%−$12 · spread now +0.206%, 7d avg +0.158%
=The price spread pays, funding is against you. OKX is 0.048% dearer against KuCoin than usual: you sell high and buy low (spread +0.206% now, against its 7-day average of +0.158%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 38 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KOUSDTM | 87.370 | 0.0100 | pay 0.0100% / 8h | 6h 19m | $55K | $2.2M | 20x |
| Short | OKX KO-USDT-SWAP | 87.550 | 0 | get 0.0000% / 8h | 6h 19m | $759K | $290K | 20x |
KuCoin KOUSDTM
OKX KO-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: +0.206% → +0.158%
- $4.78
- Slippage, 4 orders
- −$594.2
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$632.42
- Costs to cover
- 6.162%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; OKX: live order book, 47 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, 2 min ago | 4.58 bp | 267.5 bp −$268 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 47 min ago | 2.86 bp | 31.3 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
KO 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KOUSDT | 0.0000% | 8h | 87.555 | +0.212% | $810K | $592K | 20x | as long as short |
| Bybit KOUSDT | 0.0000% | 8h | 87.480 | +0.126% | $343K | $19K | 25x | as long as short |
| OKX KO-USDT-SWAPshort | 0.0000% | 8h | 87.550 | +0.206% | $759K | $290K | 20x | |
| Gate KO_USDT | 0.0000% | 8h | 87.490 | +0.137% | $546K | $14K | 25x | as long as short |
| Bitget KOUSDT | 0.0000% | 8h | 87.480 | +0.126% | $543K | $142K | 20x | as long as short |
| HTX KO-USDT | 0.0000% | 8h | 87.560 | +0.217% | $5K | $367K | 10x | as long as short |
| KuCoin KOUSDTMlong | +0.0100% | 8h | 87.370 | long leg | $55K | $2.2M | 20x | |
| edgeX KOUSDC | +0.0193% | 4h | 87.489 | +0.136% | $88K | $210K | 10x | as long as short |
Binance KOUSDT
Bybit KOUSDT
Gate KO_USDT
Bitget KOUSDT
HTX KO-USDT
edgeX KOUSDC