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: KuCoin against OKX−0.273%7-day average −0.160% · you buy dearer than you sell
Net, funding: paid 7d − costs−$539as in the Funding arb table
Net, price: spread back to 7d avg − costs−$566as in the Price arb table
costs, in and out, $10k−$5555.550% of the position
Funding, last 7 days+0.160%+$16 on $10k
+Price spread, last 4 days (all we have)+0.188%+$19 · spread now −0.273%, 7d avg −0.160%
=Funding pays, the price is against you. KuCoin is 0.114% cheaper against OKX than usual: you would sell low and buy high (spread −0.273% now, against its 7-day average of −0.160%). If the spread goes back, that is −$11 on $10k: about 3.8 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 KO-USDT-SWAP | 87.800 | 0 | get 0.0000% / 8h | 37m 20s | $767K | $321K | 20x |
| Short | KuCoin KOUSDTM | 87.560 | 0.0100 | get 0.0100% / 8h | 37m 20s | $57K | $2.2M | 20x |
OKX KO-USDT-SWAP
KuCoin KOUSDTMFunding 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: −0.273% → −0.160%
- −$11.35
- Slippage, 4 orders
- −$533
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$545.35
- Costs to cover
- 5.550%
- Break-even
- 188.8 days
Slippage from OKX: live order book, 64 min ago; KuCoin: live order book, 9 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, 64 min ago | 4.56 bp | 21.4 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 3.43 bp | 244.2 bp −$244 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX KOUSDC | −0.0572% | 4h | 87.698 | −0.116% | $89K | $209K | 10x | as long as short |
| Bybit KOUSDT | 0.0000% | 8h | 87.660 | −0.159% | $344K | $19K | 25x | as long as short |
| OKX KO-USDT-SWAPlong | 0.0000% | 8h | 87.800 | long leg | $767K | $321K | 20x | |
| Gate KO_USDT | 0.0000% | 8h | 87.640 | −0.182% | $571K | $19K | 25x | as long as short |
| Bitget KOUSDT | 0.0000% | 8h | 87.680 | −0.137% | $543K | $139K | 20x | as long as short |
| HTX KO-USDT | 0.0000% | 8h | 87.780 | −0.023% | $4K | $364K | 10x | as long as short |
| KuCoin KOUSDTMshort | +0.0100% | 8h | 87.560 | −0.273% | $57K | $2.2M | 20x | |
| Binance KOUSDT | +0.0133% | 8h | 87.780 | −0.022% | $798K | $662K | 20x | as long as short |
edgeX KOUSDC
Bybit KOUSDT
Gate KO_USDT
Bitget KOUSDT
HTX KO-USDT
Binance KOUSDT