Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against OKX−0.189%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$594as in the Funding arb table
Net, price: spread back to 7d avg − costs−$628as in the Price arb table
costs, in and out, $10k−$6156.145% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)+0.244%+$24 · spread now −0.189%, 7d avg −0.049%
=Funding pays, the price is against you. KuCoin is 0.139% cheaper against OKX than usual: you would sell low and buy high (spread −0.189% now, against its 7-day average of −0.049%). If the spread goes back, that is −$14 on $10k: about 4.6 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ONDS-USDT-SWAP | 7.4240 | 0 | get 0.0000% / 8h | 4h 39m | $187K | $121K | 10x |
| Short | KuCoin ONDSUSDTM | 7.4100 | 0.0100 | get 0.0100% / 8h | 4h 39m | $78K | $629K | 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: −0.189% → −0.049%
- −$13.93
- Slippage, 4 orders
- −$592.54
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$607.47
- Costs to cover
- 6.145%
- Break-even
- 209.5 days
Slippage from OKX: live order book, 16 min ago; KuCoin: live order book, 44 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, 16 min ago | 4.04 bp | 63.4 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 44 min ago | 6.73 bp | 224.8 bp −$225 | doesn't fit | doesn't fit | doesn't fit |
ONDS on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ONDSUSDT | 0.0000% | 8h | 7.4071 | −0.228% | $2K | $5K | 20x | as long as short |
| Bybit ONDSUSDT | 0.0000% | 8h | 7.4080 | −0.216% | $509K | $208K | 25x | as long as short |
| OKX ONDS-USDT-SWAPlong | 0.0000% | 8h | 7.4240 | long leg | $187K | $121K | 10x | |
| Gate ONDS_USDT | 0.0000% | 8h | 7.4070 | −0.229% | $369K | $215K | 20x | as long as short |
| Bitget ONDSUSDT | 0.0000% | 8h | 7.4080 | −0.216% | $897K | $429K | 20x | as long as short |
| GRVT ONDS_USDT_Perp | 0.0000% | 8h | 7.4115 | −0.168% | $2K | $151K | 10x | as long as short |
| SunX ONDS-USDT | 0.0000% | 8h | 7.4000 | −0.323% | $492 | $494K | 10x | as long as short |
| HTX ONDS-USDT | 0.0000% | 8h | 7.4100 | −0.189% | $5K | $1K | 10x | as long as short |
| Vest ONDS-USD-PERP | +0.0046% | 1h | 7.4000 | −0.323% | — | — | 5x | as long as short |
| KuCoin ONDSUSDTMshort | +0.0100% | 8h | 7.4100 | −0.189% | $78K | $629K | 20x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ONDSUSDT | +0.0129% | 8h | 7.4134 | −0.143% | $1.5M | $1.4M | 20x | as long as short |
OKX ONDS-USDT-SWAP
KuCoin ONDSUSDTM
Aster ONDSUSDT
Bybit ONDSUSDT
Gate ONDS_USDT
Bitget ONDSUSDT
GRVT ONDS_USDT_Perp
SunX ONDS-USDT
HTX ONDS-USDT
Binance ONDSUSDT