Funding you earn now, next payment 08:00 UTC+0.1955%/8h= +214.1% APRnext payment +$9.78 per $10,000 · paid last 24h +0.118%
Price spread now: OKX against KuCoin+0.631%7-day average +0.283% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,650as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,653as in the Price arb table
costs, in and out, $10k−$1,68816.878% of the position
Funding, last 7 days+0.376%+$38 on $10k
+Price spread, last 4 days (all we have)−0.438%−$44 · spread now +0.631%, 7d avg +0.283%
=Both sides work for this trade now. Funding pays +$59 a day on $10k at the current rate, and OKX is 0.348% dearer against KuCoin than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of +0.283%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.376% in total (about 19.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.78 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 TRUTHUSDTM | 0.01363 | 0.0100 | pay 0.0050% / 4h | 54m 13s | $1.0M | $52K | 10x |
| Short | OKX TRUTH-USDT-SWAP | 0.01372 | 0.2055 | get 0.1028% / 4h | 54m 13s | $235K | $352K | 10x |
KuCoin TRUTHUSDTM
OKX TRUTH-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
- $410.6
- Price spread: +0.631% → +0.283%
- $34.79
- Slippage, 4 orders
- −$1,665.84
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$1,242.45
- Costs to cover
- 16.878%
- Break-even
- 28.2 days
Slippage from KuCoin: live order book, 10 min ago; OKX: live order book, 46 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, 10 min ago | 22.33 bp | 883.7 bp −$884 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 46 min ago | 5.09 bp | 56.0 bp −$56 | 187.6 bp −$1,876 | doesn't fit | doesn't fit |
TRUTH on 10 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 TRUTHUSDTMlong | +0.0100% | 4h | 0.01363 | long leg | $1.0M | $52K | 10x | |
| Bybit TRUTHUSDT | +0.0572% | 4h | 0.01370 | +0.477% | $1.3M | $417K | 20x | as long as short |
| Aster TRUTHUSDT | +0.0783% | 4h | 0.01367 | +0.227% | $36K | $5K | 5x | as long as short |
| BloFin TRUTH-USDT | +0.0833% | 4h | 0.01368 | +0.315% | $199K | $12K | 50x | as long as short |
| MEXC TRUTH_USDT | +0.0882% | 4h | 0.01367 | +0.293% | $11.9M | $133K | 20x | as long as short |
| Extended TRUTH-USD | +0.0888% | 1h | 0.01367 | +0.279% | $4K | $183K | 5x | as long as short |
| Binance TRUTHUSDT | +0.0889% | 4h | 0.01368 | +0.308% | $4.5M | $1.6M | 20x | as long as short |
| Gate TRUTH_USDT | +0.0908% | 4h | 0.01369 | +0.403% | $426K | $51K | 20x | as long as short |
| BingX TRUTH-USDT | +0.1946% | 4h | 0.01370 | +0.455% | — | $6.5M | — | as long as short |
| OKX TRUTH-USDT-SWAPshort | +0.2055% | 4h | 0.01372 | +0.631% | $235K | $352K | 10x |
Bybit TRUTHUSDT
Aster TRUTHUSDT
BloFin TRUTH-USDT
MEXC TRUTH_USDT
Extended TRUTH-USD
Binance TRUTHUSDT
Gate TRUTH_USDT
BingX TRUTH-USDT