Funding you earn now, next payment 08:00 UTC−0.0506%/8h= −55.4% APRpaid last 24h −0.006%
Price spread now: KuCoin against OKX+0.231%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. KuCoin is 0.231% dearer against OKX than usual: you sell high and buy low (spread +0.231% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 36 hours. Mind the row above: over the last 7 days funding on this pair paid +0.164%, so the current rate has only just turned against you.
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 | OKX ZHONGJI-USDT-SWAP | 160.52 | 0.0606 | pay 0.0606% / 8h | 2h 45m | $1.7M | $4.9M | 20x |
| Short | KuCoin ZHONGJIUSDTM | 160.89 | 0.0100 | get 0.0050% / 4h | 2h 45m | $62K | $60K | 20x |
OKX ZHONGJI-USDT-SWAP
KuCoin ZHONGJIUSDTMFunding 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
- −$106.24
- Price spread: +0.231% → 0.000%
- $23.05
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$105.19
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 2 min ago; KuCoin: no order-book sample. 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 OKX live order book, 2 min ago | 3.11 bp | 12.2 bp −$12 | 41.5 bp −$415 | doesn't fit | doesn't fit |
| Sell KuCoin no order-book sample | — | — | — | — | — |
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 | −0.0080% | 4h | 160.71 | +0.119% | $64K | $414K | 10x | as long as short |
| Binance ZHONGJIUSDT | 0.0000% | 4h | 160.74 | +0.137% | $4.0M | $11.2M | 20x | as long as short |
| Bybit ZHONGJIUSDT | 0.0000% | 8h | 160.82 | +0.187% | $82K | $70K | 25x | as long as short |
| Gate ZHONGJI_USDT | 0.0000% | 4h | 160.99 | +0.293% | $247K | $187K | 20x | as long as short |
| Bitget ZHONGJIUSDT | 0.0000% | 8h | 160.64 | +0.075% | $595K | $817K | 20x | as long as short |
| HTX ZHONGJI-USDT | 0.0000% | 4h | 160.80 | +0.174% | $31K | $360K | 20x | as long as short |
| KuCoin ZHONGJIUSDTMshort | +0.0100% | 4h | 160.89 | +0.231% | $62K | $60K | 20x | |
| OKX ZHONGJI-USDT-SWAPlong | +0.0606% | 8h | 160.52 | long leg | $1.7M | $4.9M | 20x |
edgeX ZHONGJIUSDC
Binance ZHONGJIUSDT
Bybit ZHONGJIUSDT
Gate ZHONGJI_USDT
Bitget ZHONGJIUSDT
HTX ZHONGJI-USDT