BX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.109%

Price spread now: KuCoin against OKX−0.032%7-day average −0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs−$608as in the Funding arb table

Net, price: spread back to 7d avg − costs−$626as in the Price arb table

costs, in and out, $10k−$6286.283% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.199%+$20 on $10k

Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.032%, 7d avg −0.053%

Together, before fees+0.255%+$26 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.022% dearer against OKX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BX-USDT-SWAP	126.24	0	get 0.0000% / 8h	4h 10m	$163K	$112K	20x
Short	KuCoin BXUSDTM	126.20	0.0100	get 0.0100% / 8h	4h 10m	$115K	$930K	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee KuCoinbpOrdersPrice spread, now −0.032%Rate

Funding earned: $21
Price spread: −0.032% → −0.053%: $2.16
Slippage, 4 orders: −$606.27
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$605.11
Costs to cover: 6.283%
Break-even: 208.7 days

Slippage from OKX: live order book, 45 min ago; KuCoin: live order book, 9 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, 45 min ago	4.36 bp	70.4 bp −$70	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 9 min ago	13.88 bp	155.3 bp −$155	doesn't fit	doesn't fit	doesn't fit

BX 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
tradeXYZ xyz:BX	−0.0387%	1h	126.28	+0.032%	$664K	$214K	10x	as long as short
Aster BXUSDT	0.0000%	8h	126.12	−0.092%	$5K	$2K	20x	as long as short
Bybit BXUSDT	0.0000%	8h	126.34	+0.079%	$484K	$836K	25x	as long as short
OKX BX-USDT-SWAPlong	0.0000%	8h	126.24	long leg	$163K	$112K	20x
QFEX BX-USD	0.0000%	1h	127.01	+0.610%	$1.1M	$1.5M	10x	as long as short
Gate BX_USDT	0.0000%	8h	126.34	+0.079%	$422K	$28K	20x	as long as short
Bitget BXUSDT	0.0000%	8h	126.42	+0.143%	$900K	$37K	20x	as long as short
GRVT BX_USDT_Perp	0.0000%	8h	126.31	+0.052%	$836	$110K	10x	as long as short
SunX BX-USDT	0.0000%	8h	126.32	+0.063%	$907	$317K	10x	as long as short
HTX BX-USDT	0.0000%	8h	126.58	+0.269%	$7K	$3K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BXUSDTMshort	+0.0100%	8h	126.20	−0.032%	$115K	$930K	20x
Injective BX/USDC PERP	+0.0220%	1h	137.37	+8.817%	$4K	$32K	12x	as long as short
Variational Omni BX	+0.0363%	8h	126.29	+0.041%	$43K	$12K	—	as long as short
Binance BXUSDT	+0.0540%	8h	126.34	+0.079%	$779K	$491K	20x	as long as short