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

USDC

all USDC markets
SwapPrice view
Alert
Funding spread now, next payment 00:00 UTC−0.0037%/8h
next payment, per $10,000$0.37paid, last 24h−0.050%paid, last 7 days−0.081%to open and close $10k−$35
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX USDC-USDT-SWAP1.00000get 0.0000% / 8h5h 00m$1.1M$42K50x
ShortKuCoin USDCUSDTM0.9994−0.0037pay 0.0037% / 8h5h 00m$2.5M$19K30x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$7.77
Slippage, 4 orders
−$12.94
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$42.71
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 3 min ago.

Price risk

price view
Price gap now
−0.058%
Avg gap 7d
−0.078%
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 OKX live order book, 3 min ago0.00 bp5.6 bp −$69.4 bp −$94doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago4.50 bp13.5 bp −$14140.1 bp −$1,401doesn't fitdoesn't fit

USDC on 8 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_USDCUSD−0.0192%1h$14K$92850xas long as short
Binance USDCUSDT−0.0052%8h$4.2M$3.3M50xas long as short
MEXC USDC_USDT−0.0051%8h$16.6M$260K200xas long as short
KuCoin USDCUSDTMshort−0.0037%8h$2.5M$19K30x
Bitget USDCUSDT−0.0011%8h$4.3M$17K50xas long as short
Bybit USDCUSDT0.0000%8h$9.5M$371K50xas long as short
OKX USDC-USDT-SWAPlong0.0000%8h$1.1M$42K50x
Gate USDC_USDT+0.0100%8h$253K$18K50xas long as short