Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.33 per $10,000 · paid last 24h −0.111%
Price spread now: KuCoin against OKX+0.023%7-day average +0.135% · you sell dearer than you buy
Net, funding: paid 7d − costs−$209as in the Funding arb table
Net, price: spread back to 7d avg − costs−$206as in the Price arb table
costs, in and out, $10k−$1941.944% of the position
Funding, last 7 days−0.149%−$15 on $10k
+Price spread, last 7 days−0.079%−$8 · spread now +0.023%, 7d avg +0.135%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.112% cheaper against OKX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.135%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX EGLD-USDT-SWAP | 4.4250 | 0.0133 | pay 0.0133% / 8h | 5h 51m | $642K | $5.3M | 20x |
| Short | KuCoin EGLDUSDTM | 4.4260 | 0.0100 | get 0.0100% / 8h | 5h 51m | $2.8M | $1.4M | 50x |
OKX EGLD-USDT-SWAP
KuCoin EGLDUSDTMFunding 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
- −$6.96
- Price spread: +0.023% → +0.135%
- −$11.21
- Slippage, 4 orders
- −$172.36
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$212.53
- Costs to cover
- 1.944%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; KuCoin: 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 OKX live order book, 1 min ago | 3.39 bp | 23.7 bp −$24 | 1867.7 bp −$18.7K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 5.64 bp | 77.2 bp −$77 | 292.6 bp −$2,926 | doesn't fit | doesn't fit |
EGLD 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EGLDUSD | −0.0120% | 1h | 4.4226 | −0.054% | $440K | $701K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −17.288% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.4213 | −0.084% | $4.8M | $27.4M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.4210 | −0.090% | $2.7M | $8.9M | 75x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.4250 | 0.000% | $470K | $704K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.4210 | −0.090% | $4.2M | $3.5M | 125x | as long as short |
| KuCoin EGLDUSDTMshort | +0.0100% | 8h | 4.4260 | +0.023% | $2.8M | $1.4M | 50x | |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.4240 | −0.023% | $2.3M | $4.3M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.4468 | +0.492% | $17K | $54K | — | as long as short |
| OKX EGLD-USDT-SWAPlong | +0.0133% | 8h | 4.4250 | long leg | $642K | $5.3M | 20x |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Binance EGLDUSDT
Bybit EGLDUSDT
Gate EGLD_USDT
MEXC EGLD_USDT
Bitget EGLDUSDT
Variational Omni EGLDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX EGLD-USDT | +0.0135% | 8h | 4.4250 | 0.000% | — | $2.9M | — | as long as short |
BingX EGLD-USDT