Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.032%
Price spread now: KuCoin against OKX+0.042%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$286as in the Funding arb table
Net, price: spread back to 7d avg − costs−$299as in the Price arb table
costs, in and out, $10k−$2972.973% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.042%, 7d avg +0.055%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX W-USDT-SWAP | 0.01179 | 0.0100 | pay 0.0050% / 4h | 2h 37m | $1.3M | $1.9M | 20x |
| Short | KuCoin WUSDTM | 0.01180 | 0.0100 | get 0.0050% / 4h | 2h 37m | $451K | $223K | 50x |
OKX W-USDT-SWAP
KuCoin WUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- $0
- Price spread: +0.042% → +0.055%
- −$1.26
- Slippage, 4 orders
- −$275.33
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$298.6
- Costs to cover
- 2.973%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 74 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 OKX live order book, 4 min ago | 3.40 bp | 33.9 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 74 min ago | 12.62 bp | 117.9 bp −$118 | 537.5 bp −$5,375 | doesn't fit | doesn't fit |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | 0.0000% | 1h | 0.01178 | −0.127% | $16K | $2K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.501% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01179 | −0.042% | $2.0M | $395K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01179 | −0.008% | $3.0M | $6.7M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01178 | −0.110% | $4.1M | $1.9M | 50x | as long as short |
| OKX W-USDT-SWAPlong | +0.0100% | 4h | 0.01179 | long leg | $1.3M | $1.9M | 20x | |
| Gate W_USDT | +0.0100% | 4h | 0.01177 | −0.203% | $444K | $264K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01178 | −0.093% | $12.8M | $1.4M | 50x | as long as short |
| KuCoin WUSDTMshort | +0.0100% | 4h | 0.01180 | +0.042% | $451K | $223K | 50x | |
| Bitget WUSDT | +0.0100% | 4h | 0.01178 | −0.127% | $1.3M | $567K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
Gate W_USDT
MEXC W_USDT
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01179 | −0.059% | — | $6.9M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01176 | −0.295% | $71K | $41K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01178 | −0.127% | $130K | $396K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01179 | −0.058% | $60K | $239K | 5x | as long as short |
| Backpack W_USDC_PERP | +0.0119% | 1h | 0.01180 | +0.025% | $44K | $48K | 15x | as long as short |
| Coinbase International W-PERP-INTX | +0.0360% | 1h | 0.01183 | +0.305% | $14K | $16K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.1541% | 1h | 0.01181 | +0.091% | $146K | $181K | 20x | as long as short |
BingX W-USDT
Variational Omni W
GRVT W_USDT_Perp
Extended W-USD
Backpack W_USDC_PERP
Coinbase International W-PERP-INTX
Kraken Futures PF_WUSD