NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against KuCoin+0.218%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$201as in the Funding arb table

Net, price: spread back to 7d avg − costs−$189as in the Price arb table

costs, in and out, $10k−$2082.080% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.067%+$7 on $10k

Price spread, last 4 days (all we have)−0.167%−$17 · spread now +0.218%, 7d avg +0.032%

Together, before fees−0.099%−$10 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 0.186% dearer against KuCoin than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NOTUSDTM	0.0005057	0.0098	pay 0.0049% / 4h	2h 57m	$462K	$135K	50x
Short	OKX NOT-USDT-SWAP	0.0005068	0.0100	get 0.0050% / 4h	2h 57m	$629K	$624K	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 +0.218%Rate

Funding earned: $0.42
Price spread: +0.218% → +0.032%: $18.6
Slippage, 4 orders: −$185.98
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$188.96
Costs to cover: 2.080%
Break-even: 3156.4 days

Slippage from KuCoin: live order book, 54 min ago; OKX: live order book, 8 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, 54 min ago	10.83 bp	63.4 bp −$63	729.7 bp −$7,297	doesn't fit	doesn't fit
Sell OKX live order book, 8 min ago	3.91 bp	25.3 bp −$25	doesn't fit	doesn't fit	doesn't fit

NOT on 16 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
Variational Omni NOT	−0.0206%	4h	0.0005068	+0.210%	$72K	$39K	—	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−3.619%	$1K	$13K	5.5x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005076	+0.372%	$11K	$5K	3x	as long as short
KuCoin NOTUSDTMlong	+0.0098%	4h	0.0005057	long leg	$462K	$135K	50x
Hyperliquid NOT	+0.0100%	1h	0.0005070	+0.257%	$370K	$52K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0005069	+0.237%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0005069	+0.237%	$2.1M	$3.1M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005065	+0.158%	$2.1M	$848K	25x	as long as short
OKX NOT-USDT-SWAPshort	+0.0100%	4h	0.0005068	+0.218%	$629K	$624K	20x
Gate NOT_USDT	+0.0100%	4h	0.0005060	+0.059%	$141K	$79K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC NOT_USDT	+0.0100%	4h	0.0005068	+0.218%	$1.3M	$459K	200x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0005069	+0.237%	$669K	$403K	50x	as long as short
BingX NOT-USDT	+0.0100%	4h	0.0005068	+0.218%	—	$8.9M	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005068	+0.212%	$4K	$491	5x	as long as short
BloFin NOT-USDT	+0.0110%	4h	0.0005070	+0.257%	$112K	$17K	50x	as long as short
Kraken Futures PF_NOTUSD	+0.0202%	1h	0.0005093	+0.720%	$50K	$10K	10x	as long as short