Funding you earn now, next payment 08:00 UTC−0.0928%/8h= −101.6% APRpaid last 24h −0.059%
Price spread now: KuCoin against OKX−0.458%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and KuCoin is 0.458% cheaper against OKX than usual: you would sell low and buy high (−$46 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.026% in total (about 1.4% 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 | OKX MINIMAX-USDT-SWAP | 37.120 | 0.1168 | pay 0.1168% / 8h | 2h 24m | $2.8M | $8.4M | 20x |
| Short | KuCoin MINIMAXUSDTM | 36.950 | 0.0240 | get 0.0120% / 4h | 2h 24m | $97K | $37K | 20x |
OKX MINIMAX-USDT-SWAP
KuCoin MINIMAXUSDTMFunding 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
- −$194.9
- Price spread: −0.458% → 0.000%
- −$45.8
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$262.7
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 4 min ago; KuCoin: no order-book sample. 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 OKX live order book, 4 min ago | 2.70 bp | 14.2 bp −$14 | 110.4 bp −$1,104 | doesn't fit | doesn't fit |
| Sell KuCoin no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX MINIMAX-USDT | 0.0000% | 4h | 37.060 | −0.162% | $15 | $2.1M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 37.126 | +0.016% | $46K | $234K | 20x | as long as short |
| Gate MINIMAX_USDT | +0.0021% | 8h | 37.080 | −0.108% | $1.3M | $3.5M | 50x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 37.028 | −0.248% | $93K | $3K | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 37.030 | −0.241% | — | — | 10x | as long as short |
| KuCoin MINIMAXUSDTMshort | +0.0240% | 4h | 36.950 | −0.458% | $97K | $37K | 20x | |
| Bybit MINIMAXUSDT | +0.0278% | 8h | 37.000 | −0.323% | $909K | $1.1M | 25x | as long as short |
| Aster MINIMAXUSDT | +0.0337% | 8h | 36.980 | −0.377% | $33K | $45K | 20x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0365% | 1h | 37.050 | −0.189% | $24K | $49K | 5x | as long as short |
| Extended MINIMAX-USD | +0.0392% | 1h | 37.036 | −0.226% | $3K | — | 10x | as long as short |
SunX MINIMAX-USDT
HTX MINIMAX-USDT
Gate MINIMAX_USDT
SoDEX MINIMAX-USD
Aevo MINIMAX-PERP
Bybit MINIMAXUSDT
Aster MINIMAXUSDT
Ondo Perps MINIMAX-USD.P
Extended MINIMAX-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MINIMAXUSDT | +0.0411% | 4h | 37.053 | −0.180% | $6.3M | $32.0M | 25x | as long as short |
| Lighter MINIMAX | +0.0480% | 1h | 37.033 | −0.234% | $41K | $25K | 10x | as long as short |
| Bitget MINIMAXUSDT | +0.0538% | 8h | 37.038 | −0.221% | $1.2M | $2.8M | 20x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.0638% | 4h | 37.041 | −0.212% | $855 | $127K | 10x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.1079% | 1h | 36.994 | −0.339% | $4.4M | $3.2M | 10x | as long as short |
| edgeX MINIMAXUSDC | +0.1153% | 4h | 36.970 | −0.405% | $28K | $182K | 10x | as long as short |
| OKX MINIMAX-USDT-SWAPlong | +0.1168% | 8h | 37.120 | long leg | $2.8M | $8.4M | 20x |
Binance MINIMAXUSDT
Lighter MINIMAX
Bitget MINIMAXUSDT
GRVT MINIMAX_USDT_Perp
tradeXYZ xyz:MINIMAX
edgeX MINIMAXUSDC