Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against OKX−0.049%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$370as in the Funding arb table
Net, price: spread back to 7d avg − costs−$391as in the Price arb table
costs, in and out, $10k−$3863.862% of the position
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 4 days (all we have)+0.414%+$41 · spread now −0.049%, 7d avg −0.001%
=Funding pays, the price is against you. KuCoin is 0.047% cheaper against OKX than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of −0.001%). If the spread goes back, that is −$5 on $10k: about 38 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AXTI-USDT-SWAP | 81.680 | 0 | get 0.0000% / 8h | 4h 33m | $2.8M | $9.9M | 20x |
| Short | KuCoin AXTIUSDTM | 81.640 | 0.0100 | get 0.0100% / 8h | 4h 33m | $640K | $435K | 20x |
OKX AXTI-USDT-SWAP
KuCoin AXTIUSDTMFunding 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
- $21
- Price spread: −0.049% → −0.001%
- −$4.75
- Slippage, 4 orders
- −$364.22
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$369.96
- Costs to cover
- 3.862%
- Break-even
- 130.3 days
Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 50 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 | 1.84 bp | 7.3 bp −$7 | 45.3 bp −$453 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 50 min ago | 17.24 bp | 158.9 bp −$159 | doesn't fit | doesn't fit | doesn't fit |
AXTI on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AXTIUSDT | 0.0000% | 8h | 81.636 | −0.054% | $8K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 81.660 | −0.025% | $7K | $213K | 10x | as long as short |
| Binance AXTIUSDT | 0.0000% | 8h | 81.699 | +0.023% | $9.1M | $32.8M | 20x | as long as short |
| Bybit AXTIUSDT | 0.0000% | 8h | 81.700 | +0.024% | $1.9M | $1.3M | 25x | as long as short |
| OKX AXTI-USDT-SWAPlong | 0.0000% | 8h | 81.680 | long leg | $2.8M | $9.9M | 20x | |
| Gate AXTI_USDT | 0.0000% | 8h | 81.650 | −0.037% | $2.2M | $5.0M | 50x | as long as short |
| Bitget AXTIUSDT | 0.0000% | 8h | 81.700 | +0.024% | $1.7M | $3.2M | 20x | as long as short |
| GRVT AXTI_USDT_Perp | 0.0000% | 8h | 81.711 | +0.038% | $482 | $178K | 10x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 81.690 | +0.012% | $924 | $1.0M | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 81.670 | −0.012% | $20K | $40K | 20x | as long as short |
Aster AXTIUSDT
Extended AXTI-USD
Binance AXTIUSDT
Bybit AXTIUSDT
Gate AXTI_USDT
Bitget AXTIUSDT
GRVT AXTI_USDT_Perp
SunX AXTI-USDT
HTX AXTI-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AXTI | +0.0032% | 1h | 81.600 | −0.098% | — | — | 10x | as long as short |
| QFEX AXTI-USD | +0.0035% | 1h | 81.680 | 0.000% | $1.1M | $2.3M | 10x | as long as short |
| KuCoin AXTIUSDTMshort | +0.0100% | 8h | 81.640 | −0.049% | $640K | $435K | 20x | |
| Aevo AXTI-PERP | +0.0104% | 1h | 81.671 | −0.012% | — | — | 10x | as long as short |
Lighter AXTI
QFEX AXTI-USD
Aevo AXTI-PERP