Funding you earn now, next payment 12:00 UTC+0.0631%/8h= +69.1% APRpaid last 24h +0.140%
Price spread now: OKX against KuCoin+0.055%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and OKX is 0.055% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.042% in total (about 2.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MINIMAXUSDTM | 36.330 | 0.0686 | pay 0.0343% / 4h | 3h 36m | $95K | $94K | 20x |
| Short | OKX MINIMAX-USDT-SWAP | 36.350 | 0.1317 | get 0.1317% / 8h | 7h 36m | $2.8M | $7.8M | 20x |
KuCoin MINIMAXUSDTM
OKX MINIMAX-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
- $132.5
- Price spread: +0.055% → 0.000%
- $5.51
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $116.01
- Costs to cover
- 0.220%
- Break-even
- 0.9 days
Slippage unknown: KuCoin: no order-book sample; OKX: live order book, 2 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 2 min ago | 2.75 bp | 15.3 bp −$15 | 92.4 bp −$924 | doesn't fit | doesn't fit |
KuCoin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MINIMAX on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINIMAXUSDT | 0.0000% | 8h | 36.330 | 0.000% | $924K | $893K | 25x | as long as short |
| Gate MINIMAX_USDT | 0.0000% | 8h | 36.370 | +0.110% | $1.3M | $2.9M | 50x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 36.350 | +0.055% | $15 | $1.2M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 36.369 | +0.107% | $52K | $239K | 20x | as long as short |
| Lighter MINIMAX | +0.0032% | 1h | 36.330 | 0.000% | $41K | $23K | 10x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 36.305 | −0.069% | $91K | $3K | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 36.312 | −0.050% | — | — | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0381% | 1h | 36.240 | −0.248% | $22K | $56K | 5x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0446% | 1h | 36.291 | −0.107% | $4.8M | $3.3M | 10x | as long as short |
| Aster MINIMAXUSDT | +0.0456% | 8h | 36.370 | +0.110% | $32K | $6K | 20x | as long as short |
Bybit MINIMAXUSDT
Gate MINIMAX_USDT
SunX MINIMAX-USDT
HTX MINIMAX-USDT
Lighter MINIMAX
SoDEX MINIMAX-USD
Aevo MINIMAX-PERP
Ondo Perps MINIMAX-USD.P
tradeXYZ xyz:MINIMAX
Aster MINIMAXUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MINIMAX_USDT_Perp | +0.0646% | 4h | 36.380 | +0.138% | $671 | $118K | 10x | as long as short |
| Bitget MINIMAXUSDT | +0.0649% | 8h | 36.337 | +0.019% | $1.2M | $2.7M | 20x | as long as short |
| KuCoin MINIMAXUSDTMlong | +0.0686% | 4h | 36.330 | long leg | $95K | $94K | 20x | |
| Binance MINIMAXUSDT | +0.0783% | 4h | 36.314 | −0.044% | $6.3M | $29.7M | 25x | as long as short |
| Extended MINIMAX-USD | +0.0784% | 1h | 36.313 | −0.048% | $3K | — | 10x | as long as short |
| edgeX MINIMAXUSDC | +0.1027% | 4h | 36.396 | +0.181% | $27K | $182K | 10x | as long as short |
| OKX MINIMAX-USDT-SWAPshort | +0.1317% | 8h | 36.350 | +0.055% | $2.8M | $7.8M | 20x |
GRVT MINIMAX_USDT_Perp
Bitget MINIMAXUSDT
Binance MINIMAXUSDT
Extended MINIMAX-USD
edgeX MINIMAXUSDC