Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.26 per $10,000 · paid last 24h −0.024%
Price spread now: OKX against KuCoin+0.120%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$490.490% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days−0.126%−$13 · spread now +0.120%, 7d avg −0.023%
=The price spread pays, funding is against you. OKX is 0.143% dearer against KuCoin than usual: you sell high and buy low (spread +0.120% now, against its 7-day average of −0.023%): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 19 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FILUSDTM | 1.0000 | 0.0017 | pay 0.0017% / 8h | 3h 41m | $7.3M | $7.6M | 50x |
| Short | OKX FIL-USDT-SWAP | 1.0012 | −0.0009 | pay 0.0009% / 8h | 3h 41m | $18.5M | $106.0M | 50x |
KuCoin FILUSDTM
OKX FIL-USDT-SWAPFunding 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
- −$5.4
- Price spread: +0.120% → −0.023%
- $14.29
- Slippage, 4 orders
- −$27.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$40.13
- Costs to cover
- 0.490%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; OKX: live order book, 3 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, 2 min ago | 1.50 bp | 19.1 bp −$19 | 48.6 bp −$486 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.50 bp | 8.5 bp −$9 | 16.4 bp −$164 | 90.3 bp −$9,027 | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0349% | 1h | 1.0019 | +0.190% | $172K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 1.0034 | +0.340% | $366K | $2.2M | 50x | as long as short |
| OKX FIL-USDT-SWAPshort | −0.0009% | 8h | 1.0012 | +0.120% | $18.5M | $106.0M | 50x | |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0014 | +0.142% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0000 | +0.005% | $58K | $2K | 10x | as long as short |
| KuCoin FILUSDTMlong | +0.0017% | 8h | 1.0000 | long leg | $7.3M | $7.6M | 50x | |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.450% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSD | +0.0066% | 1h | 1.0023 | +0.225% | $1.4M | $2.2M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0011 | +0.110% | $154K | $365K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0003 | +0.030% | $8.5M | $9.4M | 5x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
Kraken Futures PF_FILUSD
Lighter FIL
Hyperliquid FILShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FILUSDT | +0.0100% | 8h | 1.0001 | +0.007% | $513K | $609K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 1.0015 | +0.150% | $57.7M | $184.0M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0013 | +0.130% | $15.9M | $20.3M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0010 | +0.100% | $8.5M | $16.7M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 1.0019 | +0.190% | $243K | $103K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0010 | +0.100% | $11.2M | $20.2M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 1.0010 | +0.100% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0045 | +0.447% | $453K | $264K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0049 | +0.486% | $46K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0058 | +0.579% | $295K | $1.0M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0040 | +0.400% | $30K | $181K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0015 | +0.146% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0000 | 0.000% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0016 | +0.160% | $478 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0020 | +0.200% | $622K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0010 | +0.100% | $1.2M | $2.5M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 1.0009 | +0.092% | $704K | $3.3M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 1.0020 | +0.200% | $2.7M | $691K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0575% / S −0.0237% | 1h | 1.0014 | +0.140% | $267K | — | 100x | as long as short |
Aster FILUSDT
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]