Funding you earn now, next payment 08:00 UTC+0.0244%/8h= +26.7% APRnext payment +$2.44 per $10,000 · paid last 24h −0.067%
Price spread now: OKX against KuCoin−0.307%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,880as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,835as in the Price arb table
costs, in and out, $10k−$1,81118.113% of the position
Funding, last 7 days−0.690%−$69 on $10k
+Price spread, last 4 days (all we have)+0.195%+$20 · spread now −0.307%, 7d avg −0.065%
=Funding pays, the price is against you. OKX is 0.242% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.307% now, against its 7-day average of −0.065%). If the spread goes back, that is −$24 on $10k: about 3.3 days of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.690%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SHAZUSDTM | 58.680 | −0.0470 | get 0.0470% / 8h | 1h 52m | $73K | $351K | 20x |
| Short | OKX SHAZ-USDT-SWAP | 58.500 | −0.0226 | pay 0.0226% / 8h | 1h 52m | $439K | $258K | 10x |
KuCoin SHAZUSDTM
OKX SHAZ-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
- $51.14
- Price spread: −0.307% → −0.065%
- −$24.16
- Slippage, 4 orders
- −$1,789.28
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$1,784.29
- Costs to cover
- 18.113%
- Break-even
- 251.2 days
Slippage from KuCoin: live order book, 65 min ago; OKX: live order book, 53 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 KuCoin live order book, 65 min ago | 14.31 bp | 384.3 bp −$384 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 53 min ago | 10.91 bp | 78.2 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
SHAZ 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SHAZ | −0.3703% | 1h | 58.550 | −0.222% | $1.2M | $276K | 10x | as long as short |
| Binance SHAZUSDT | −0.1756% | 8h | 58.548 | −0.226% | $473K | $1.8M | 10x | as long as short |
| Variational Omni SHAZ | −0.1460% | 8h | 58.610 | −0.120% | $20K | $29K | — | as long as short |
| Bybit SHAZUSDT | −0.1008% | 8h | 58.620 | −0.102% | $153K | $232K | 25x | as long as short |
| KuCoin SHAZUSDTMlong | −0.0470% | 8h | 58.680 | long leg | $73K | $351K | 20x | |
| OKX SHAZ-USDT-SWAPshort | −0.0226% | 8h | 58.500 | −0.307% | $439K | $258K | 10x | |
| QFEX SHAZ-USD | 0.0000% | 1h | 58.440 | −0.409% | $1.1M | $1.6M | 10x | as long as short |
| Gate SHAZ_USDT | 0.0000% | 8h | 58.770 | +0.153% | $182K | $39K | 20x | as long as short |
| Bitget SHAZUSDT | 0.0000% | 8h | 58.590 | −0.153% | $200K | $150K | 20x | as long as short |
| HTX SHAZ-USDT | 0.0000% | 8h | 58.838 | +0.269% | $6K | $40K | 10x | as long as short |
tradeXYZ xyz:SHAZ
Binance SHAZUSDT
Variational Omni SHAZ
Bybit SHAZUSDT
QFEX SHAZ-USD
Gate SHAZ_USDT
Bitget SHAZUSDT
HTX SHAZ-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX SHAZUSDC | +0.0457% | 4h | 58.612 | −0.117% | $16K | $290K | 10x | as long as short |
edgeX SHAZUSDC