Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.009%
Price spread now: SoDEX against KuCoin+0.056%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. SoDEX is 0.056% dearer against KuCoin than usual: you sell high and buy low (spread +0.056% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin COINUSDTM | 195.23 | 0.0100 | pay 0.0100% / 8h | 7h 33m | $982K | $184K | 20x |
| Short | SoDEX COIN-USD | 195.34 | 0.0050 | get 0.0006% / 1h | 33m 54s | $74 | $3K | 10x |
KuCoin COINUSDTM
SoDEX COIN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against KuCoin. 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
- −$10.5
- Price spread: +0.056% → 0.000%
- $5.63
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$24.87
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 31 min ago; SoDEX: no order-book sample. Net counts fees only.
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 KuCoin live order book, 31 min ago | 13.31 bp | 95.6 bp −$96 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 194.87 | −0.184% | $43K | $40K | 30x | as long as short |
| Bitget COINUSDT | −0.0111% | 8h | 195.18 | −0.026% | $6.3M | $10.3M | 20x | as long as short |
| Vest COIN-USD-PERP | −0.0061% | 1h | 194.83 | −0.205% | — | $324K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.45 | +0.110% | $341K | $890K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.19 | −0.020% | $4.6M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.10 | −0.067% | $3.0M | $4.6M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 195.37 | +0.072% | $1.2M | $6.8M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.35 | +0.063% | $658K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.57 | +0.174% | $19K | $3.0M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 195.31 | +0.041% | $359K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Bitget COINUSDT
Vest COIN-USD-PERP
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH COIN | +0.0032% | 1h | 195.30 | +0.036% | $467K | $1.3M | 10x | as long as short |
| Extended COIN_24_5-USD | +0.0032% | 1h | 195.29 | +0.030% | $104K | $860K | 10x | as long as short |
| Binance COINUSDT | +0.0033% | 8h | 195.24 | +0.004% | $14.8M | $81.5M | 20x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.52 | +0.149% | $17K | $57K | 5x | as long as short |
| QFEX COIN-USD | +0.0047% | 1h | 195.27 | +0.020% | $1.3M | $2.8M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 195.00 | −0.118% | $15.0M | $12.7M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.13 | −0.051% | $134K | $1.4M | 10x | as long as short |
| SoDEX COIN-USDshort | +0.0050% | 1h | 195.34 | +0.056% | $74 | $3K | 10x | |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.25 | +0.010% | $430K | $2.5M | 10x | as long as short |
| KuCoin COINUSDTMlong | +0.0100% | 8h | 195.23 | long leg | $982K | $184K | 20x | |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.35 | +0.061% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.34 | +0.056% | $565 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.40 | +0.089% | $115 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0140% | 8h | 195.30 | +0.036% | $187K | $473K | 20x | as long as short |
| Phoenix COIN | +0.0164% | 1h | 195.41 | +0.092% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0462% | 4h | 195.55 | +0.163% | $50K | $294K | 10x | as long as short |
Lighter RH COIN
Extended COIN_24_5-USD
Binance COINUSDT
Arcus COIN-USD
QFEX COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
Ondo Perps COIN-USD.P
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC