Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.009%
Price spread now: KuCoin against OKX−0.378%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,534as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,693as in the Price arb table
costs, in and out, $10k−$1,66116.611% of the position
Funding, last 7 days+1.275%+$128 on $10k
+Price spread, last 4 days (all we have)+0.187%+$19 · spread now −0.378%, 7d avg −0.054%
=Funding pays, the price is against you. KuCoin is 0.323% cheaper against OKX than usual: you would sell low and buy high (spread −0.378% now, against its 7-day average of −0.054%). If the spread goes back, that is −$32 on $10k: about 11 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+1.275% in total) that is about 43 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LUNR-USDT-SWAP | 15.890 | 0 | get 0.0000% / 8h | 4h 57m | $100K | $234K | 10x |
| Short | KuCoin LUNRUSDTM | 15.830 | 0.0100 | get 0.0100% / 8h | 4h 57m | $108K | $864K | 20x |
OKX LUNR-USDT-SWAP
KuCoin LUNRUSDTMFunding 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: −0.378% → −0.054%
- −$32.32
- Slippage, 4 orders
- −$1,639.09
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,672.42
- Costs to cover
- 16.611%
- Break-even
- 564.5 days
Slippage from OKX: live order book, 45 min ago; KuCoin: live order book, 39 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, 45 min ago | 25.22 bp | 261.4 bp −$261 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 39 min ago | 9.47 bp | 424.9 bp −$425 | doesn't fit | doesn't fit | doesn't fit |
LUNR on 5 exchanges
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-SWAPlong | 0.0000% | 8h | 15.890 | long leg | $100K | $234K | 10x | |
| Gate LUNR_USDT | 0.0000% | 8h | 15.860 | −0.189% | $35K | $9K | 20x | as long as short |
| Lighter RH LUNR | +0.0032% | 1h | 15.805 | −0.535% | $21K | $106K | 10x | as long as short |
| KuCoin LUNRUSDTMshort | +0.0100% | 8h | 15.830 | −0.378% | $108K | $864K | 20x | |
| HTX LUNR-USDT | +0.0100% | 8h | 15.850 | −0.252% | $5K | $10K | 10x | as long as short |
Gate LUNR_USDT
Lighter RH LUNR
HTX LUNR-USDT