Settings8H · net · $10k
Funding arb · Price arb /

CP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against KuCoin−0.071%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$483as in the Funding arb table
Net, price: spread back to 7d avg − costs−$499as in the Price arb table
costs, in and out, $10k−$4994.990% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.156%+$16 on $10k
Price spread, last 7 days+0.071%+$7 · spread now −0.071%, 7d avg −0.068%
Together, before fees+0.228%+$23 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CPUSDTM0.014100.0100pay 0.0050% / 4h1h 50m$204K$904K20x
ShortOKX CP-USDT-SWAP0.014090.0100get 0.0050% / 4h1h 50m$4.0M$11.9M20x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.071% → −0.068%
−$0.25
Slippage, 4 orders
−$477.03
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$499.28
Costs to cover
4.990%
Break-even
never at this rate
Slippage from KuCoin: live order book, 48 min ago; OKX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 48 min ago10.46 bp271.0 bp −$271doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 2 min ago3.56 bp22.7 bp −$23101.3 bp −$1,013doesn't fitdoesn't fit

CP on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CP-USDT+0.0070%4h0.014100.000%$1.1Mas long as short
BloFin CP-USDT+0.0099%4h0.01408−0.142%$429$43K20xas long as short
OKX CP-USDT-SWAPshort+0.0100%4h0.01409−0.071%$4.0M$11.9M20x
Gate CP_USDT+0.0100%4h0.01405−0.355%$607K$542K20xas long as short
MEXC CP_USDT+0.0100%4h0.01406−0.284%$1.5M$392K20xas long as short
KuCoin CPUSDTMlong+0.0100%4h0.01410long leg$204K$904K20x
Bitget CPUSDT+0.0100%4h0.01409−0.050%$796K$1.7M20xas long as short
Bybit CPUSDT+0.1963%4h0.014100.000%$1.7M$3.2M20xas long as short