F

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0140%/8h= +15.4% APRnext payment +$0.70 per $10,000 · paid last 24h +0.027%

Price spread now: KuCoin against OKX+0.137%7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$355as in the Funding arb table

Net, price: spread back to 7d avg − costs−$314as in the Price arb table

costs, in and out, $10k−$3243.237% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.312%−$31 on $10k

Price spread, last 7 days−0.279%−$28 · spread now +0.137%, 7d avg +0.035%

Together, before fees−0.591%−$59 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.102% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.035%. Mind the row above: over the last 7 days funding on this pair cost −0.312%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX F-USDT-SWAP	0.003652	−0.0040	get 0.0020% / 4h	38m 08s	$700K	$2.2M	20x
Short	KuCoin FUSDTM	0.003657	0.0100	get 0.0050% / 4h	38m 08s	$654K	$1.2M	30x

Funding 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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee KuCoinbpOrdersPrice spread, now +0.137%Rate

Funding earned: $29.45
Price spread: +0.137% → +0.035%: $10.15
Slippage, 4 orders: −$301.75
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$284.14
Costs to cover: 3.237%
Break-even: 74.5 days

Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 2 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, 4 min ago	2.74 bp	22.2 bp −$22	174.4 bp −$1,744	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	4.10 bp	81.7 bp −$82	doesn't fit	doesn't fit	doesn't fit

F on 10 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 F-USDT-SWAPlong	−0.0040%	4h	0.003652	long leg	$700K	$2.2M	20x
Aster FUSDT	+0.0100%	4h	0.003654	+0.064%	$15K	$28K	5x	as long as short
Binance FUSDT	+0.0100%	4h	0.003654	+0.051%	$3.9M	$6.3M	50x	as long as short
Bybit FUSDT	+0.0100%	4h	0.003655	+0.082%	$2.3M	$2.3M	25x	as long as short
Gate F_USDT	+0.0100%	8h	0.003656	+0.110%	$139K	$1.3M	25x	as long as short
MEXC F_USDT	+0.0100%	4h	0.003654	+0.055%	$609K	$174K	50x	as long as short
KuCoin FUSDTMshort	+0.0100%	4h	0.003657	+0.137%	$654K	$1.2M	30x
Bitget FUSDT	+0.0100%	4h	0.003656	+0.110%	$459K	$760K	50x	as long as short
BingX F-USDT	+0.0100%	4h	0.003655	+0.082%	—	$6.6M	—	as long as short
Variational Omni F	+0.0100%	4h	0.003646	−0.169%	$695	$386	—	as long as short