Funding you earn now, next payment 08:00 UTC+0.0055%/8h= +6.0% APRnext payment +$0.27 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against OKX+0.155%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$479as in the Funding arb table
Net, price: spread back to 7d avg − costs−$464as in the Price arb table
costs, in and out, $10k−$4754.753% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)−0.165%−$17 · spread now +0.155%, 7d avg +0.047%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.108% dearer against OKX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BREV-USDT-SWAP | 0.09006 | 0.0045 | pay 0.0023% / 4h | 2h 44m | $544K | $703K | 20x |
| Short | KuCoin BREVUSDTM | 0.09020 | 0.0100 | get 0.0050% / 4h | 2h 44m | $455K | $53K | 50x |
OKX BREV-USDT-SWAP
KuCoin BREVUSDTMFunding 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
- $11.54
- Price spread: +0.155% → +0.047%
- $10.81
- Slippage, 4 orders
- −$453.28
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$452.94
- Costs to cover
- 4.753%
- Break-even
- 281.9 days
Slippage from OKX: live order book, 1 min ago; KuCoin: live order book, 13 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, 1 min ago | 7.22 bp | 40.1 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 13 min ago | 22.27 bp | 167.5 bp −$167 | doesn't fit | doesn't fit | doesn't fit |
BREV 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX BREV-USDT-SWAPlong | +0.0045% | 4h | 0.09006 | long leg | $544K | $703K | 20x | |
| Aster BREVUSDT | +0.0100% | 4h | 0.09020 | +0.155% | $16K | $3K | 5x | as long as short |
| Binance BREVUSDT | +0.0100% | 4h | 0.09010 | +0.044% | $1.6M | $2.3M | 50x | as long as short |
| Bybit BREVUSDT | +0.0100% | 4h | 0.09013 | +0.078% | $572K | $586K | 50x | as long as short |
| Gate BREV_USDT | +0.0100% | 8h | 0.09020 | +0.155% | $51K | $55K | 50x | as long as short |
| MEXC BREV_USDT | +0.0100% | 4h | 0.09005 | −0.011% | $3.7M | $172K | 20x | as long as short |
| KuCoin BREVUSDTMshort | +0.0100% | 4h | 0.09020 | +0.155% | $455K | $53K | 50x | |
| Bitget BREVUSDT | +0.0100% | 4h | 0.09015 | +0.100% | $450K | $162K | 20x | as long as short |
| BingX BREV-USDT | +0.0100% | 4h | 0.09007 | +0.011% | — | $2.3M | — | as long as short |
| Variational Omni BREV | +0.0100% | 4h | 0.09007 | +0.010% | $176 | $105 | — | as long as short |
Aster BREVUSDT
Binance BREVUSDT
Bybit BREVUSDT
Gate BREV_USDT
MEXC BREV_USDT
Bitget BREVUSDT
BingX BREV-USDT
Variational Omni BREVShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX BREV-USDT | +0.0100% | 4h | 0.09000 | −0.067% | $1K | $1.6M | 20x | as long as short |
SunX BREV-USDT