Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.028%
Price spread now: KuCoin against OKX+0.640%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,513as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,520as in the Price arb table
costs, in and out, $10k−$1,57715.772% of the position
Funding, last 7 days+0.646%+$65 on $10k
+Price spread, last 4 days (all we have)−0.463%−$46 · spread now +0.640%, 7d avg +0.069%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.571% dearer against OKX than usual: you sell high and buy low: +$57 more if the spread goes back to its 7-day average of +0.069%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SHAZ-USDT-SWAP | 59.380 | 0 | get 0.0000% / 8h | 5h 45m | $446K | $264K | 10x |
| Short | KuCoin SHAZUSDTM | 59.760 | 0.0100 | get 0.0100% / 8h | 5h 45m | $78K | $524K | 20x |
OKX SHAZ-USDT-SWAP
KuCoin SHAZUSDTMFunding 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: +0.640% → +0.069%
- $57.06
- Slippage, 4 orders
- −$1,555.23
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,499.17
- Costs to cover
- 15.772%
- Break-even
- 506.7 days
Slippage from OKX: live order book, 62 min ago; KuCoin: live order book, 59 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 | 5.97 bp | 395.5 bp −$396 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 59 min ago | 24.66 bp | 439.5 bp −$439 | doesn't fit | doesn't fit | doesn't fit |
SHAZ on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SHAZUSDT | 0.0000% | 8h | 59.300 | −0.135% | $480K | $2.1M | 10x | as long as short |
| OKX SHAZ-USDT-SWAPlong | 0.0000% | 8h | 59.380 | long leg | $446K | $264K | 10x | |
| Gate SHAZ_USDT | 0.0000% | 8h | 59.380 | 0.000% | $182K | $41K | 20x | as long as short |
| Bitget SHAZUSDT | 0.0000% | 8h | 59.390 | +0.017% | $196K | $159K | 20x | as long as short |
| Variational Omni SHAZ | 0.0000% | 8h | 59.570 | +0.320% | $20K | $39K | — | as long as short |
| HTX SHAZ-USDT | 0.0000% | 8h | 59.774 | +0.664% | $6K | $39K | 10x | as long as short |
| QFEX SHAZ-USD | +0.0008% | 1h | 59.470 | +0.152% | $1.2M | $1.8M | 10x | as long as short |
| KuCoin SHAZUSDTMshort | +0.0100% | 8h | 59.760 | +0.640% | $78K | $524K | 20x | |
| tradeXYZ xyz:SHAZ | +0.0439% | 1h | 59.398 | +0.030% | $1.2M | $301K | 10x | as long as short |
| edgeX SHAZUSDC | +0.0901% | 4h | 59.546 | +0.279% | $17K | $292K | 10x | as long as short |
Binance SHAZUSDT
Gate SHAZ_USDT
Bitget SHAZUSDT
Variational Omni SHAZ
HTX SHAZ-USDT
QFEX SHAZ-USD
tradeXYZ xyz:SHAZ
edgeX SHAZUSDCShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SHAZUSDT | +0.1826% | 8h | 59.370 | −0.017% | $153K | $471K | 25x | as long as short |
Bybit SHAZUSDT