Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against OKX+0.068%7-day average −0.138% · you sell dearer than you buy
Net, funding: paid 7d − costs−$516as in the Funding arb table
Net, price: spread back to 7d avg − costs−$516as in the Price arb table
costs, in and out, $10k−$5375.368% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)−0.126%−$13 · spread now +0.068%, 7d avg −0.138%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.206% dearer against OKX than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.138%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MARA-USDT-SWAP | 13.220 | 0 | get 0.0000% / 8h | 5h 45m | $60K | $179K | 10x |
| Short | KuCoin MARAUSDTM | 13.229 | 0.0100 | get 0.0100% / 8h | 5h 45m | $25K | $3.0M | 20x |
Funding 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: +0.068% → −0.138%
- $20.61
- Slippage, 4 orders
- −$514.85
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$495.24
- Costs to cover
- 5.368%
- Break-even
- 172.1 days
Slippage from OKX: live order book, 62 min ago; KuCoin: live order book, 4 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, 62 min ago | 7.62 bp | 132.1 bp −$132 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 7.55 bp | 132.4 bp −$132 | doesn't fit | doesn't fit | doesn't fit |
MARA on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MARAUSDT | 0.0000% | 8h | 13.230 | +0.076% | $181K | $457K | 20x | as long as short |
| Bybit MARAUSDT | 0.0000% | 8h | 13.240 | +0.151% | $262K | $115K | 25x | as long as short |
| OKX MARA-USDT-SWAPlong | 0.0000% | 8h | 13.220 | long leg | $60K | $179K | 10x | |
| Gate MARA_USDT | 0.0000% | 8h | 13.236 | +0.121% | $30K | $12K | 20x | as long as short |
| Bitget MARAUSDT | 0.0000% | 8h | 13.215 | −0.038% | $86K | $2.2M | 20x | as long as short |
| HTX MARA-USDT | 0.0000% | 8h | 13.250 | +0.227% | $5K | $247K | 20x | as long as short |
| Phemex MARAUSDT | 0.0000% | 8h | 13.260 | +0.303% | $380K | $37K | 20x | as long as short |
| Extended MARA-USD | +0.0040% | 1h | 13.227 | +0.056% | $1K | — | 5x | as long as short |
| KuCoin MARAUSDTMshort | +0.0100% | 8h | 13.229 | +0.068% | $25K | $3.0M | 20x | |
| edgeX MARAUSDC | +0.0990% | 4h | 13.250 | +0.229% | $15K | $311K | 10x | as long as short |
OKX MARA-USDT-SWAP
KuCoin MARAUSDTM
Binance MARAUSDT
Bybit MARAUSDT
Gate MARA_USDT
Bitget MARAUSDT
HTX MARA-USDT
Phemex MARAUSDT
Extended MARA-USD
edgeX MARAUSDC