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

ESP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against KuCoin0.000%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$244as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$2122.125% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.317%−$32 on $10k
Price spread, last 4 days (all we have)−0.069%−$7 · spread now 0.000%, 7d avg −0.042%
Together, before fees−0.386%−$39 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.042% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ESPUSDTM0.094130.0100pay 0.0050% / 4h40m 22s$1.5M$52K25x
ShortOKX ESP-USDT-SWAP0.094130.0100get 0.0050% / 4h40m 22s$593K$1.3M20x

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: 0.000% → −0.042%
$4.21
Slippage, 4 orders
−$190.48
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$208.27
Costs to cover
2.125%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; OKX: live order book, 1 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, 5 min ago13.28 bp80.5 bp −$81787.5 bp −$7,875doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago0.53 bp21.2 bp −$21doesn't fitdoesn't fitdoesn't fit

ESP on 11 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
Aster ESPUSDT+0.0100%4h0.09409−0.046%$4K$24K5xas long as short
Binance ESPUSDT+0.0100%4h0.09405−0.083%$2.4M$4.2M25xas long as short
OKX ESP-USDT-SWAPshort+0.0100%4h0.094130.000%$593K$1.3M20x
Gate ESP_USDT+0.0100%8h0.09408−0.053%$169K$608K50xas long as short
MEXC ESP_USDT+0.0100%4h0.09406−0.074%$1.2M$104K20xas long as short
KuCoin ESPUSDTMlong+0.0100%4h0.09413long leg$1.5M$52K25x
Bitget ESPUSDT+0.0100%4h0.09421+0.083%$960K$122K20xas long as short
edgeX ESPUSDC+0.0115%4h0.09406−0.071%$29K$271K10xas long as short
BloFin ESP-USDT+0.0127%4h0.09404−0.096%$120K$35K25xas long as short
BingX ESP-USDT+0.2638%4h0.09401−0.127%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ESPUSDT+0.2716%4h0.09381−0.340%$1.1M$587K50xas long as short