Funding you earn now, next payment 16:00 UTC−0.0309%/8h= −33.8% APRnext payment −$3.09 per $10,000 · paid last 24h −0.088%
Price spread now: KuCoin against OKX−0.167%7-day average −0.206% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 4 days (all we have)−0.229%−$23 · spread now −0.167%, 7d avg −0.206%
=The price spread pays, funding is against you. KuCoin is 0.039% dearer against OKX than usual: you sell high and buy low (spread −0.167% now, against its 7-day average of −0.206%): +$4 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 10 hours. Mind the row above: over the last 7 days funding on this pair paid +0.067%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.067% in total (about 3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.09 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX POET-USDT-SWAP | 8.3940 | 0.0409 | pay 0.0409% / 8h | 4h 05m | $165K | $194K | 10x |
| Short | KuCoin POETUSDTM | 8.3800 | 0.0100 | get 0.0100% / 8h | 4h 05m | $58K | $177K | 20x |
OKX POET-USDT-SWAP
KuCoin POETUSDTMFunding 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
- −$64.91
- Price spread: −0.167% → −0.206%
- $3.9
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$83
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 33 min ago; KuCoin: live order book, 12 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 OKX live order book, 33 min ago | 13.69 bp | 107.5 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 12 min ago | 23.84 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
POET on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget POETUSDT | 0.0000% | 8h | 8.3600 | −0.405% | $262K | $73K | 20x | as long as short |
| KuCoin POETUSDTMshort | +0.0100% | 8h | 8.3800 | −0.167% | $58K | $177K | 20x | |
| Bybit POETUSDT | +0.0299% | 8h | 8.3930 | −0.012% | $179K | $349K | 25x | as long as short |
| OKX POET-USDT-SWAPlong | +0.0409% | 8h | 8.3940 | long leg | $165K | $194K | 10x |
Bitget POETUSDT
Bybit POETUSDT