Settings8H · net · $10k
Funding arb · Price arb /

COST

RWAall COST markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.028%
Price spread now: KuCoin against OKX−0.124%7-day average −0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,266as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,285as in the Price arb table
costs, in and out, $10k−$2,28422.837% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.181%+$18 on $10k
Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.124%, 7d avg −0.115%
Together, before fees+0.267%+$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.115%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX COST-USDT-SWAP903.420get 0.0000% / 8h7h 34m$442K$124K10x
ShortKuCoin COSTUSDTM902.300.0100get 0.0100% / 8h7h 34m$48K$935K20x

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

Funding earned
$21
Price spread: −0.124% → −0.115%
−$0.86
Slippage, 4 orders
−$2,261.7
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$2,263.55
Costs to cover
22.837%
Break-even
761.5 days
Slippage from OKX: live order book, 61 min ago; KuCoin: live order book, 40 min ago.

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, 61 min ago2.71 bp33.4 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 40 min ago14.41 bp1120.0 bp −$1,120doesn't fitdoesn't fitdoesn't fit

COST on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster COSTUSDT0.0000%8h902.91−0.057%$45K$13320xas long as short
Binance COSTUSDT0.0000%8h902.86−0.062%$1.1M$1.0M20xas long as short
Bybit COSTUSDT0.0000%8h903.00−0.046%$491K$91K25xas long as short
OKX COST-USDT-SWAPlong0.0000%8h903.42long leg$442K$124K10x
Gate COST_USDT0.0000%8h902.74−0.075%$523K$8K25xas long as short
Bitget COSTUSDT0.0000%8h902.56−0.095%$411K$85K25xas long as short
Variational Omni COST0.0000%8h902.72−0.078%$40K$14Kas long as short
SunX COST-USDT0.0000%8h902.60−0.091%$1K$2.7M10xas long as short
HTX COST-USDT0.0000%8h904.07+0.072%$10K$42K10xas long as short
Injective COST/USDC PERP+0.0033%1h891.98−1.266%$2K$28K12xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended COST-USD+0.0040%1h901.57−0.205%10xas long as short
Vest COST-USD-PERP+0.0046%1h903.03−0.043%25xas long as short
QFEX COST-USD+0.0046%1h902.64−0.086%$1.1M$2.4M10xas long as short
tradeXYZ xyz:COST+0.0050%1h902.38−0.115%$1.8M$510K20xas long as short
KuCoin COSTUSDTMshort+0.0100%8h902.30−0.124%$48K$935K20x