Funding you earn now, next payment 16:00 UTC+0.0411%/8h= +45.0% APRnext payment +$4.11 per $10,000 · paid last 24h +0.047%
Price spread now: KuCoin against OKX+0.194%7-day average −0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$791as in the Funding arb table
Net, price: spread back to 7d avg − costs−$742as in the Price arb table
costs, in and out, $10k−$7697.693% of the position
Funding, last 7 days−0.221%−$22 on $10k
+Price spread, last 4 days (all we have)−0.282%−$28 · spread now +0.194%, 7d avg −0.081%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and KuCoin is 0.276% dearer against OKX than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.081%. Mind the row above: over the last 7 days funding on this pair cost −0.221%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.221% in total (about -11.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.11 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 RIVN-USDT-SWAP | 15.430 | 0 | get 0.0000% / 8h | 5h 45m | $149K | $51K | 20x |
| Short | KuCoin RIVNUSDTM | 15.460 | 0.0411 | get 0.0411% / 8h | 5h 45m | $109K | $187K | 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
- $86.31
- Price spread: +0.194% → −0.081%
- $27.58
- Slippage, 4 orders
- −$747.34
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$655.45
- Costs to cover
- 7.693%
- Break-even
- 60.2 days
Slippage from OKX: live order book, 62 min ago; KuCoin: live order book, 56 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 | 9.77 bp | 128.3 bp −$128 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 56 min ago | 3.25 bp | 263.1 bp −$263 | doesn't fit | doesn't fit | doesn't fit |
RIVN on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster RIVNUSDT | 0.0000% | 8h | 15.413 | −0.109% | $9K | $675 | 20x | as long as short |
| Binance RIVNUSDT | 0.0000% | 8h | 15.440 | +0.065% | $395K | $351K | 20x | as long as short |
| Bybit RIVNUSDT | 0.0000% | 8h | 15.440 | +0.065% | $111K | $22K | 25x | as long as short |
| OKX RIVN-USDT-SWAPlong | 0.0000% | 8h | 15.430 | long leg | $149K | $51K | 20x | |
| Gate RIVN_USDT | 0.0000% | 8h | 15.436 | +0.039% | $335K | $8K | 20x | as long as short |
| Variational Omni RIVN | 0.0000% | 8h | 15.435 | +0.032% | $72K | $18K | — | as long as short |
| SunX RIVN-USDT | 0.0000% | 8h | 15.430 | 0.000% | $1K | $721K | 10x | as long as short |
| HTX RIVN-USDT | 0.0000% | 8h | 15.460 | +0.194% | $5K | $3K | 10x | as long as short |
| Injective RIVN/USDC PERP | +0.0033% | 1h | 15.430 | 0.000% | $23K | $28K | 5.5x | as long as short |
| tradeXYZ xyz:RIVN | +0.0033% | 1h | 15.431 | +0.006% | $443K | $424K | 10x | as long as short |
Show all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest RIVN-USD-PERP | +0.0046% | 1h | 15.440 | +0.065% | — | — | 10x | as long as short |
| KuCoin RIVNUSDTMshort | +0.0411% | 8h | 15.460 | +0.194% | $109K | $187K | 20x |
OKX RIVN-USDT-SWAP
KuCoin RIVNUSDTM
Aster RIVNUSDT
Binance RIVNUSDT
Bybit RIVNUSDT
Gate RIVN_USDT
Variational Omni RIVN
SunX RIVN-USDT
HTX RIVN-USDT
Injective RIVN/USDC PERP
tradeXYZ xyz:RIVN