Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.014%
Price spread now: OKX against KuCoin+0.313%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$737as in the Funding arb table
Net, price: spread back to 7d avg − costs−$701as in the Price arb table
costs, in and out, $10k−$7217.208% of the position
Funding, last 7 days−0.166%−$17 on $10k
+Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.313%, 7d avg +0.112%
=The price spread pays, funding is against you. OKX is 0.201% dearer against KuCoin than usual: you sell high and buy low (spread +0.313% now, against its 7-day average of +0.112%): +$20 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TTWOUSDTM | 210.70 | 0.0100 | pay 0.0100% / 8h | 5h 45m | $95K | $1.0M | 20x |
| Short | OKX TTWO-USDT-SWAP | 211.36 | 0 | get 0.0000% / 8h | 5h 45m | $327K | $76K | 25x |
Funding 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
- −$21
- Price spread: +0.313% → +0.112%
- $20.14
- Slippage, 4 orders
- −$698.85
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$721.7
- Costs to cover
- 7.208%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; OKX: live order book, 63 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, 2 min ago | 7.84 bp | 360.6 bp −$361 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 63 min ago | 9.00 bp | 72.1 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
TTWO on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX TTWO-USDT-SWAPshort | 0.0000% | 8h | 211.36 | +0.313% | $327K | $76K | 25x | |
| Gate TTWO_USDT | 0.0000% | 8h | 211.00 | +0.142% | $716K | $12K | 20x | as long as short |
| Bitget TTWOUSDT | 0.0000% | 8h | 210.43 | −0.128% | $887K | $92K | 20x | as long as short |
| Lighter TTWO | +0.0032% | 1h | 210.59 | −0.052% | — | — | 5x | as long as short |
| Variational Omni TTWO | +0.0034% | 8h | 211.05 | +0.164% | $79K | $58K | — | as long as short |
| Extended TTWO-USD | +0.0040% | 1h | 210.59 | −0.050% | $75K | $998 | 10x | as long as short |
| Bybit TTWOUSDT | +0.0065% | 8h | 211.15 | +0.214% | $1.8M | $391K | 25x | as long as short |
| KuCoin TTWOUSDTMlong | +0.0100% | 8h | 210.70 | long leg | $95K | $1.0M | 20x | |
| HTX TTWO-USDT | +0.0100% | 8h | 211.06 | +0.171% | $3K | $40K | 10x | as long as short |
| Paragon para:TTWO | +0.0132% | 1h | 210.76 | +0.027% | $1.1M | $151K | 10x | as long as short |
Show all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX TTWO-USD | +0.0160% | 1h | 211.00 | +0.142% | $1.2M | $2.6M | 10x | as long as short |
| Binance TTWOUSDT | +0.0174% | 8h | 210.97 | +0.128% | $2.3M | $1.0M | 25x | as long as short |
| Ondo Perps TTWO-USD.P | +0.0208% | 1h | 210.86 | +0.076% | $331K | $188K | 10x | as long as short |
KuCoin TTWOUSDTM
OKX TTWO-USDT-SWAP
Gate TTWO_USDT
Bitget TTWOUSDT
Lighter TTWO
Variational Omni TTWO
Extended TTWO-USD
Bybit TTWOUSDT
HTX TTWO-USDT
Paragon para:TTWO
Binance TTWOUSDT