Funding you earn now, next payment 08:00 UTC−0.0304%/8h= −33.3% APRnext payment −$1.52 per $10,000 · paid last 24h −0.046%
Price spread now: OKX against KuCoin−0.154%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$767as in the Funding arb table
Net, price: spread back to 7d avg − costs−$760as in the Price arb table
costs, in and out, $10k−$7507.504% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.154%, 7d avg −0.058%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and OKX is 0.096% cheaper against KuCoin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.058%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.163% in total (about -8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.52 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 SPACEUSDTM | 0.005197 | 0.0404 | pay 0.0202% / 4h | 58m 05s | $665K | $102K | 20x |
| Short | OKX SPACE-USDT-SWAP | 0.005189 | 0.0100 | get 0.0050% / 4h | 58m 05s | $1.6M | $1.3M | 20x |
KuCoin SPACEUSDTM
OKX SPACE-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
- −$63.84
- Price spread: −0.154% → −0.058%
- −$9.63
- Slippage, 4 orders
- −$728.42
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$823.89
- Costs to cover
- 7.504%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 56 min ago; OKX: live order book, 4 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, 56 min ago | 24.07 bp | 474.7 bp −$475 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 4.82 bp | 39.7 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
SPACE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SPACEUSDT | +0.0100% | 4h | 0.005200 | +0.058% | $1.9M | $2.4M | 50x | as long as short |
| Bybit SPACEUSDT | +0.0100% | 4h | 0.005187 | −0.192% | $805K | $191K | 13x | as long as short |
| OKX SPACE-USDT-SWAPshort | +0.0100% | 4h | 0.005189 | −0.154% | $1.6M | $1.3M | 20x | |
| Gate SPACE_USDT | +0.0100% | 4h | 0.005186 | −0.212% | $778K | $330K | 20x | as long as short |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.005200 | +0.058% | $491K | $159K | 20x | as long as short |
| Bitget SPACEUSDT | +0.0100% | 4h | 0.005189 | −0.154% | $911K | $282K | 20x | as long as short |
| BloFin SPACE-USDT | +0.0104% | 4h | 0.005202 | +0.096% | $163K | $12K | 50x | as long as short |
| KuCoin SPACEUSDTMlong | +0.0404% | 4h | 0.005197 | long leg | $665K | $102K | 20x | |
| Aster SPACEUSDT | +0.1174% | 4h | 0.005192 | −0.096% | $17K | $36K | 5x | as long as short |
Binance SPACEUSDT
Bybit SPACEUSDT
Gate SPACE_USDT
MEXC SPACE_USDT
Bitget SPACEUSDT
BloFin SPACE-USDT
Aster SPACEUSDT