Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.190%
Price spread now: OKX against KuCoin+0.380%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,287as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,132as in the Price arb table
costs, in and out, $10k−$1,16611.656% of the position
Funding, last 7 days−1.210%−$121 on $10k
+Price spread, last 4 days (all we have)−0.189%−$19 · spread now +0.380%, 7d avg +0.047%
=The price spread pays, funding is against you. OKX is 0.332% dearer against KuCoin than usual: you sell high and buy low (spread +0.380% now, against its 7-day average of +0.047%): +$33 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 7 days (−1.210% in total) that is about 46 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LUNRUSDTM | 15.810 | 0.0100 | pay 0.0100% / 8h | 3h 41m | $108K | $577K | 20x |
| Short | OKX LUNR-USDT-SWAP | 15.870 | 0 | get 0.0000% / 8h | 3h 41m | $102K | $233K | 10x |
KuCoin LUNRUSDTM
OKX LUNR-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: +0.380% → +0.047%
- $33.24
- Slippage, 4 orders
- −$1,143.64
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$1,153.41
- Costs to cover
- 11.656%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 32 min ago; OKX: 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 KuCoin live order book, 32 min ago | 6.32 bp | 471.3 bp −$471 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 9 min ago | 12.63 bp | 136.3 bp −$136 | doesn't fit | doesn't fit | doesn't fit |
LUNR on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX LUNR-USDT-SWAPshort | 0.0000% | 8h | 15.870 | +0.380% | $102K | $233K | 10x | |
| Gate LUNR_USDT | 0.0000% | 8h | 15.820 | +0.063% | $36K | $8K | 20x | as long as short |
| Lighter RH LUNR | +0.0032% | 1h | 15.785 | −0.158% | $22K | $104K | 10x | as long as short |
| KuCoin LUNRUSDTMlong | +0.0100% | 8h | 15.810 | long leg | $108K | $577K | 20x | |
| HTX LUNR-USDT | +0.0100% | 8h | 15.780 | −0.190% | $5K | $9K | 10x | as long as short |
Gate LUNR_USDT
Lighter RH LUNR
HTX LUNR-USDT