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: KuCoin against OKX−0.111%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$592as in the Funding arb table
Net, price: spread back to 7d avg − costs−$628as in the Price arb table
costs, in and out, $10k−$6236.228% of the position
Funding, last 7 days+0.304%+$30 on $10k
+Price spread, last 4 days (all we have)+0.357%+$36 · spread now −0.111%, 7d avg −0.062%
=Funding pays, the price is against you. KuCoin is 0.049% cheaper against OKX than usual: you would sell low and buy high (spread −0.111% now, against its 7-day average of −0.062%). If the spread goes back, that is −$5 on $10k: about 40 hours 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 LRCX-USDT-SWAP | 305.75 | 0 | get 0.0000% / 8h | 4h 12m | $386K | $297K | 20x |
| Short | KuCoin LRCXUSDTM | 305.41 | 0.0100 | get 0.0100% / 8h | 4h 12m | $179K | $680K | 20x |
OKX LRCX-USDT-SWAP
KuCoin LRCXUSDTMFunding 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: −0.111% → −0.062%
- −$4.94
- Slippage, 4 orders
- −$600.8
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$606.74
- Costs to cover
- 6.228%
- Break-even
- 209.2 days
Slippage from OKX: live order book, 43 min ago; KuCoin: live order book, 1 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, 43 min ago | 14.04 bp | 54.2 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 9.98 bp | 202.1 bp −$202 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX LRCX-USD | −0.0008% | 1h | 305.78 | +0.010% | $1.1M | $2.7M | 10x | as long as short |
| Binance LRCXUSDT | 0.0000% | 8h | 305.62 | −0.043% | $837K | $2.7M | 20x | as long as short |
| Bybit LRCXUSDT | 0.0000% | 8h | 305.36 | −0.128% | $335K | $538K | 25x | as long as short |
| OKX LRCX-USDT-SWAPlong | 0.0000% | 8h | 305.75 | long leg | $386K | $297K | 20x | |
| Gate LRCX_USDT | 0.0000% | 8h | 305.80 | +0.016% | $261K | $431K | 20x | as long as short |
| Bitget LRCXUSDT | 0.0000% | 8h | 306.01 | +0.085% | $322K | $186K | 20x | as long as short |
| BloFin LRCX-USDT | +0.0006% | 8h | 306.01 | +0.085% | $63K | $36K | 20x | as long as short |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 305.67 | −0.025% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 305.64 | −0.036% | — | $4K | 10x | as long as short |
| KuCoin LRCXUSDTMshort | +0.0100% | 8h | 305.41 | −0.111% | $179K | $680K | 20x |
QFEX LRCX-USD
Binance LRCXUSDT
Bybit LRCXUSDT
Gate LRCX_USDT
Bitget LRCXUSDT
BloFin LRCX-USDT
Extended LRCX_24_5-USD
Vest LRCX-USD-PERPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LRCX-USDT | +0.0100% | 8h | 305.98 | +0.075% | $9K | $353K | 10x | as long as short |
| Paragon para:LRCX | +0.0728% | 1h | 305.57 | −0.059% | $435K | $60K | 10x | as long as short |
HTX LRCX-USDT
Paragon para:LRCX