Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.028%
Price spread now: OKX against KuCoin+0.170%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,203as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,185as in the Price arb table
costs, in and out, $10k−$2,19321.934% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)−0.126%−$13 · spread now +0.170%, 7d avg +0.084%
=The price spread pays, funding is against you. OKX is 0.086% dearer against KuCoin than usual: you sell high and buy low (spread +0.170% now, against its 7-day average of +0.084%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 7 days (−0.097% in total) that is about 6.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GMEUSDTM | 23.510 | 0.0100 | pay 0.0100% / 8h | 31m 27s | $160K | $991K | 20x |
| Short | OKX GME-USDT-SWAP | 23.550 | 0 | get 0.0000% / 8h | 31m 27s | $304K | $201K | 20x |
KuCoin GMEUSDTM
OKX GME-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$21
- Price spread: +0.170% → +0.084%
- $8.62
- Slippage, 4 orders
- −$2,171.42
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$2,205.8
- Costs to cover
- 21.934%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 53 min ago; OKX: live order book, 4 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 KuCoin live order book, 53 min ago | 4.24 bp | 304.3 bp −$304 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.12 bp | 101.4 bp −$101 | doesn't fit | doesn't fit | doesn't fit |
GME on 13 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 GMEUSDT | 0.0000% | 8h | 23.552 | +0.177% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDT | 0.0000% | 8h | 23.534 | +0.102% | $1.1M | $5.2M | 20x | as long as short |
| OKX GME-USDT-SWAPshort | 0.0000% | 8h | 23.550 | +0.170% | $304K | $201K | 20x | |
| Gate GME_USDT | 0.0000% | 8h | 23.552 | +0.179% | $479K | $23K | 20x | as long as short |
| Bitget GMEUSDT | 0.0000% | 8h | 23.540 | +0.128% | $363K | $837K | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.555 | +0.193% | $213K | $257K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.560 | +0.213% | — | $2.4M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.550 | +0.170% | $12K | $10K | 10x | as long as short |
| tradeXYZ xyz:GME | +0.0003% | 1h | 23.545 | +0.149% | $3.6M | $2.6M | 10x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.569 | +0.251% | — | — | 10x | as long as short |
Aster GMEUSDT
Binance GMEUSDT
Gate GME_USDT
Bitget GMEUSDT
Variational Omni GME
SunX GME-USDT
HTX GME-USDT
tradeXYZ xyz:GME
Lighter GMEShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus GME-USD | +0.0040% | 1h | 23.540 | +0.128% | $1K | $7K | 10x | as long as short |
| KuCoin GMEUSDTMlong | +0.0100% | 8h | 23.510 | long leg | $160K | $991K | 20x | |
| Injective GME/USDC PERP | +0.0220% | 1h | 23.800 | +1.234% | $3K | $26K | 5.5x | as long as short |
Arcus GME-USD
Injective GME/USDC PERP