Funding you earn now, next payment 08:00 UTC+0.0875%/8h= +95.8% APRnext payment +$4.37 per $10,000 · paid last 24h +0.044%
Price spread now: OKX against KuCoin+0.211%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1931.928% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 7 days−0.282%−$28 · spread now +0.211%, 7d avg +0.037%
=Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and OKX is 0.174% dearer against KuCoin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.037%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.068% in total (about 3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.37 per $10,000. 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 CASHCATUSDTM | 0.1615 | 0.0100 | pay 0.0050% / 4h | 3h 37m | $559K | $2.4M | 10x |
| Short | OKX CASHCAT-USDT-SWAP | 0.1618 | 0.0975 | get 0.0487% / 4h | 3h 37m | $1.5M | $11.2M | 20x |
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
- $183.69
- Price spread: +0.211% → +0.037%
- $17.39
- Slippage, 4 orders
- −$170.84
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $8.25
- Costs to cover
- 1.928%
- Break-even
- 6.7 days
Slippage from KuCoin: live order book, 4 min ago; OKX: live order book, 6 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, 4 min ago | 4.05 bp | 74.0 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 6 min ago | 6.20 bp | 23.1 bp −$23 | 86.7 bp −$867 | doesn't fit | doesn't fit |
CASHCAT on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter CASHCAT | +0.0096% | 1h | 0.1613 | −0.105% | $1.1M | $1.9M | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1616 | +0.074% | $44.2M | $19.9M | 3x | as long as short |
| Bybit CASHCATUSDT | +0.0100% | 4h | 0.1617 | +0.130% | $12.1M | $18.8M | 10x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1614 | −0.037% | $1.4M | $2.0M | 20x | as long as short |
| MEXC CASHCAT_USDT | +0.0100% | 4h | 0.1615 | +0.031% | $8.0M | $518K | 20x | as long as short |
| KuCoin CASHCATUSDTMlong | +0.0100% | 4h | 0.1615 | long leg | $559K | $2.4M | 10x | |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1607 | −0.466% | $1.0M | $1.7M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1618 | +0.186% | $73K | $64K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1616 | +0.114% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1616 | +0.099% | $485 | $1K | 3x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1616 | +0.084% | $18K | $321K | 10x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1614 | −0.043% | $169K | $675K | 5x | as long as short |
| Nado CASHCAT-PERP | +0.0611% | 1h | 0.1613 | −0.118% | $218K | $180K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0643% | 1h | 0.1616 | +0.118% | $66K | $1.3M | 3x | as long as short |
| Lighter RH CASHCAT | +0.0672% | 1h | 0.1616 | +0.111% | $316K | $885K | 3x | as long as short |
| edgeX CASHCATUSDC | +0.0704% | 4h | 0.1617 | +0.125% | $49K | $169K | 5x | as long as short |
| BingX CASHCAT-USDT | +0.0946% | 4h | 0.1615 | +0.025% | — | $1.0M | — | as long as short |
| OKX CASHCAT-USDT-SWAPshort | +0.0975% | 4h | 0.1618 | +0.211% | $1.5M | $11.2M | 20x | |
| BloFin CASHCAT-USDT | +0.1280% | 4h | 0.1618 | +0.211% | $52K | $502K | 20x | as long as short |
| Arcus CASHCAT-USD | +0.2486% | 1h | 0.1616 | +0.107% | $97K | $265K | 5x | as long as short |
| Aster CASHCATUSDT | +0.3612% | 1h | 0.1616 | +0.093% | $540K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1633 | +1.140% | $8K | $18K | 5.5x | as long as short |
KuCoin CASHCATUSDTM
OKX CASHCAT-USDT-SWAP
Lighter CASHCAT
Hyperliquid CASHCAT
Bybit CASHCATUSDT
Gate CASHCAT_USDT
MEXC CASHCAT_USDT
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
Extended CASHCAT-USD
Polymarket Perps CASHCAT-USD
Lighter RH CASHCAT
edgeX CASHCATUSDC
BingX CASHCAT-USDT
BloFin CASHCAT-USDT
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP