LA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0391%/8h= +42.8% APRnext payment +$1.95 per $10,000 · paid last 24h +0.087%

Price spread now: OKX against KuCoin+0.108%7-day average −0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$666as in the Funding arb table

Net, price: spread back to 7d avg − costs−$630as in the Price arb table

costs, in and out, $10k−$6466.462% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.196%−$20 on $10k

Price spread, last 7 days−0.233%−$23 · spread now +0.108%, 7d avg −0.053%

Together, before fees−0.429%−$43 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and OKX is 0.161% dearer against KuCoin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.053%. Mind the row above: over the last 7 days funding on this pair cost −0.196%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.196% in total (about -10.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.95 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LAUSDTM	0.07395	−0.0850	get 0.0425% / 4h	37m 20s	$1.0M	$85K	30x
Short	OKX LA-USDT-SWAP	0.07403	−0.0459	pay 0.0230% / 4h	37m 20s	$1.3M	$3.1M	20x

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

Position, each leg$Hold fordaysFee KuCoinbpFee OKXbpOrdersPrice spread, now +0.108%Rate

Funding earned: $82.01
Price spread: +0.108% → −0.053%: $16.07
Slippage, 4 orders: −$624.17
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$548.09
Costs to cover: 6.462%
Break-even: 53.8 days

Slippage from KuCoin: live order book, 2 min ago; OKX: live order book, 5 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	8.79 bp	155.2 bp −$155	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	2.71 bp	23.1 bp −$23	doesn't fit	doesn't fit	doesn't fit

LA 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
KuCoin LAUSDTMlong	−0.0850%	4h	0.07395	long leg	$1.0M	$85K	30x
Gate LA_USDT	−0.0644%	4h	0.07397	+0.027%	$234K	$827K	50x	as long as short
BingX LA-USDT	−0.0486%	4h	0.07395	0.000%	—	$6.6M	—	as long as short
Bitget LAUSDT	−0.0464%	4h	0.07397	+0.027%	$2.0M	$499K	25x	as long as short
OKX LA-USDT-SWAPshort	−0.0459%	4h	0.07403	+0.108%	$1.3M	$3.1M	20x
Aster LAUSDT	−0.0433%	4h	0.07400	+0.073%	$51K	$24K	5x	as long as short
BloFin LA-USDT	−0.0319%	4h	0.07402	+0.095%	$246K	$20K	25x	as long as short
MEXC LA_USDT	−0.0286%	4h	0.07398	+0.041%	$377K	$133K	50x	as long as short
Binance LAUSDT	−0.0278%	4h	0.07401	+0.081%	$4.6M	$9.9M	25x	as long as short
Bybit LAUSDT	−0.0036%	4h	0.07401	+0.081%	$2.3M	$2.6M	25x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LA_USDT_Perp	+0.0100%	4h	0.07390	−0.064%	$139K	$468K	10x	as long as short