Funding you earn now, next payment 08:00 UTC+0.0499%/8h= +54.6% APRpaid last 24h +0.006%
Price spread now: OKX against KuCoin−0.218%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.164%−$16 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. OKX is 0.218% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.218% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 35 hours of funding at the current rate (+$15 a day). Mind the row above: over the last 7 days funding on this pair cost −0.164%, 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 -0.164% in total (about -8.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZHONGJIUSDTM | 160.87 | 0.0100 | pay 0.0050% / 4h | 2h 45m | $62K | $60K | 20x |
| Short | OKX ZHONGJI-USDT-SWAP | 160.52 | 0.0599 | get 0.0599% / 8h | 2h 45m | $1.7M | $4.9M | 20x |
KuCoin ZHONGJIUSDTM
OKX ZHONGJI-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
- $104.69
- Price spread: −0.218% → 0.000%
- −$21.76
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $60.93
- Costs to cover
- 0.220%
- Break-even
- 2.9 days
Slippage unknown: KuCoin: no order-book sample; OKX: live order book, 2 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 KuCoin no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 2 min ago | 3.11 bp | 15.2 bp −$15 | 24.0 bp −$240 | doesn't fit | doesn't fit |
KuCoin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ZHONGJI on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ZHONGJIUSDC | −0.0322% | 4h | 160.81 | −0.036% | $64K | $414K | 10x | as long as short |
| Binance ZHONGJIUSDT | 0.0000% | 4h | 160.74 | −0.081% | $4.0M | $11.2M | 20x | as long as short |
| Bybit ZHONGJIUSDT | 0.0000% | 8h | 160.80 | −0.044% | $82K | $70K | 25x | as long as short |
| Gate ZHONGJI_USDT | 0.0000% | 4h | 160.98 | +0.068% | $247K | $187K | 20x | as long as short |
| Bitget ZHONGJIUSDT | 0.0000% | 8h | 160.65 | −0.137% | $595K | $817K | 20x | as long as short |
| HTX ZHONGJI-USDT | 0.0000% | 4h | 160.80 | −0.044% | $31K | $360K | 20x | as long as short |
| KuCoin ZHONGJIUSDTMlong | +0.0100% | 4h | 160.87 | long leg | $62K | $60K | 20x | |
| OKX ZHONGJI-USDT-SWAPshort | +0.0599% | 8h | 160.52 | −0.218% | $1.7M | $4.9M | 20x |
edgeX ZHONGJIUSDC
Binance ZHONGJIUSDT
Bybit ZHONGJIUSDT
Gate ZHONGJI_USDT
Bitget ZHONGJIUSDT
HTX ZHONGJI-USDT