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: OKX against KuCoin+0.084%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$713as in the Funding arb table
Net, price: spread back to 7d avg − costs−$681as in the Price arb table
costs, in and out, $10k−$6836.830% of the position
Funding, last 7 days−0.304%−$30 on $10k
+Price spread, last 4 days (all we have)−0.197%−$20 · spread now +0.084%, 7d avg +0.061%
=The price spread pays, funding is against you. OKX is 0.023% dearer against KuCoin than usual: you sell high and buy low (spread +0.084% now, against its 7-day average of +0.061%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LRCXUSDTM | 299.05 | 0.0100 | pay 0.0100% / 8h | 1h 41m | $178K | $613K | 20x |
| Short | OKX LRCX-USDT-SWAP | 299.30 | 0 | get 0.0000% / 8h | 1h 41m | $378K | $290K | 20x |
KuCoin LRCXUSDTM
OKX LRCX-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: +0.084% → +0.061%
- $2.28
- Slippage, 4 orders
- −$660.95
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$701.67
- Costs to cover
- 6.830%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 22 min ago; OKX: live order book, 64 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, 22 min ago | 20.12 bp | 320.6 bp −$321 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 64 min ago | 13.14 bp | 18.9 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
LRCX on 12 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 LRCXUSDT | 0.0000% | 8h | 299.18 | +0.043% | $805K | $2.7M | 20x | as long as short |
| Bybit LRCXUSDT | 0.0000% | 8h | 298.95 | −0.033% | $279K | $508K | 25x | as long as short |
| OKX LRCX-USDT-SWAPshort | 0.0000% | 8h | 299.30 | +0.084% | $378K | $290K | 20x | |
| Gate LRCX_USDT | 0.0000% | 8h | 299.20 | +0.050% | $239K | $476K | 20x | as long as short |
| Bitget LRCXUSDT | 0.0000% | 8h | 299.37 | +0.107% | $312K | $192K | 20x | as long as short |
| BloFin LRCX-USDT | +0.0028% | 8h | 299.32 | +0.090% | $63K | $35K | 20x | as long as short |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 298.87 | −0.062% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 298.95 | −0.033% | — | $4K | 10x | as long as short |
| QFEX LRCX-USD | +0.0053% | 1h | 299.02 | −0.010% | $1.1M | $2.6M | 10x | as long as short |
| KuCoin LRCXUSDTMlong | +0.0100% | 8h | 299.05 | long leg | $178K | $613K | 20x |
Binance LRCXUSDT
Bybit LRCXUSDT
Gate LRCX_USDT
Bitget LRCXUSDT
BloFin LRCX-USDT
Extended LRCX_24_5-USD
Vest LRCX-USD-PERP
QFEX LRCX-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LRCX-USDT | +0.0100% | 8h | 299.19 | +0.047% | $8K | $358K | 10x | as long as short |
| Paragon para:LRCX | +0.0714% | 1h | 299.06 | +0.002% | $426K | $52K | 10x | as long as short |
HTX LRCX-USDT
Paragon para:LRCX