data as of
Settings8H · net · $10k
Funding arb /

USDC

all USDC markets
SwapPrice view
Alert
Funding spread now, next payment 00:00 UTC+0.0045%/8h
next payment, per $10,000+$0.45paid, last 24h−0.005%paid, last 7 days+0.031%to open and close $10k−$21
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance USDCUSDT0.9994−0.0045get 0.0045% / 8h7h 04m$4.4M$3.1M50x
ShortOKX USDC-USDT-SWAP1.00000get 0.0000% / 8h7h 04m$1.1M$41K50x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$9.4
Slippage, 4 orders
−$0.68
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$11.29
Break-even
15.4 days
Slippage from Binance: live order book, 5 min ago; OKX: live order book, 4 min ago.

Price risk

price view
Price gap now
+0.061%
Avg gap 7d
+0.045%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 5 min ago0.00 bp5.0 bp −$55.0 bp −$505.3 bp −$532doesn't fit
Sell OKX live order book, 4 min ago0.00 bp5.1 bp −$57.6 bp −$76doesn't fitdoesn't fit

USDC on 8 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_USDCUSD−0.0139%1h$14K$92850xas long as short
KuCoin USDCUSDTM−0.0113%8h$2.5M$19K30xas long as short
Binance USDCUSDTlong−0.0045%8h$4.4M$3.1M50x
MEXC USDC_USDT−0.0044%8h$16.5M$203K200xas long as short
Bitget USDCUSDT−0.0012%8h$4.3M$17K50xas long as short
Bybit USDCUSDT0.0000%8h$9.5M$424K50xas long as short
OKX USDC-USDT-SWAPshort0.0000%8h$1.1M$41K50x
Gate USDC_USDT+0.0100%8h$253K$21K50xas long as short