Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against OKX+0.085%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$953as in the Funding arb table
Net, price: spread back to 7d avg − costs−$942as in the Price arb table
costs, in and out, $10k−$9539.534% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.171%−$17 · spread now +0.085%, 7d avg −0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.116% dearer against OKX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX INIT-USDT-SWAP | 0.08251 | 0.0100 | pay 0.0050% / 4h | 1h 53m | $136K | $665K | 10x |
| Short | KuCoin INITUSDTM | 0.08258 | 0.0100 | get 0.0050% / 4h | 1h 53m | $328K | $54K | 25x |
OKX INIT-USDT-SWAP
KuCoin INITUSDTMFunding 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
- $0
- Price spread: +0.085% → −0.031%
- $11.59
- Slippage, 4 orders
- −$931.44
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$941.84
- Costs to cover
- 9.534%
- Break-even
- never at this rate
Slippage from OKX: live order book, 8 min ago; KuCoin: live order book, 44 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, 8 min ago | 4.84 bp | 44.8 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 44 min ago | 22.25 bp | 260.5 bp −$260 | doesn't fit | doesn't fit | doesn't fit |
INIT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid INIT | +0.0100% | 1h | 0.08261 | +0.125% | $300K | $229K | 3x | as long as short |
| Aster INITUSDT | +0.0100% | 4h | 0.08277 | +0.315% | $27K | $39K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08257 | +0.069% | $3.4M | $3.7M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08248 | −0.036% | $1.4M | $1.5M | 25x | as long as short |
| OKX INIT-USDT-SWAPlong | +0.0100% | 4h | 0.08251 | long leg | $136K | $665K | 10x | |
| Gate INIT_USDT | +0.0100% | 8h | 0.08258 | +0.085% | $84K | $55K | 25x | as long as short |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08250 | −0.012% | $447K | $209K | 20x | as long as short |
| KuCoin INITUSDTMshort | +0.0100% | 4h | 0.08258 | +0.085% | $328K | $54K | 25x | |
| Bitget INITUSDT | +0.0100% | 4h | 0.08259 | +0.097% | $429K | $312K | 25x | as long as short |
| BingX INIT-USDT | +0.0100% | 4h | 0.08259 | +0.097% | — | $6.6M | — | as long as short |
Hyperliquid INIT
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
Gate INIT_USDT
MEXC INIT_USDT
Bitget INITUSDT
BingX INIT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni INIT | +0.0100% | 4h | 0.08289 | +0.456% | $26K | $23K | — | as long as short |
| Kraken Futures PF_INITUSD | +0.0242% | 1h | 0.08199 | −0.635% | $3K | $19K | 10x | as long as short |
Variational Omni INIT
Kraken Futures PF_INITUSD