Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.33 per $10,000 · paid last 24h +0.099%
Price spread now: OKX against KuCoin+0.068%7-day average +0.135% · you sell dearer than you buy
Net, funding: paid 7d − costs−$812as in the Funding arb table
Net, price: spread back to 7d avg − costs−$827as in the Price arb table
costs, in and out, $10k−$8208.200% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)+0.045%+$5 · spread now +0.068%, 7d avg +0.135%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.067% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.135%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.078%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KIOXIAUSDTM | 370.35 | 0.0033 | pay 0.0033% / 8h | 6h 14m | $42K | $127K | 20x |
| Short | OKX KIOXIA-USDT-SWAP | 370.60 | 0 | get 0.0000% / 8h | 6h 14m | $433K | $431K | 10x |
KuCoin KIOXIAUSDTM
OKX KIOXIA-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
- −$6.93
- Price spread: +0.068% → +0.135%
- −$6.71
- Slippage, 4 orders
- −$797.99
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$833.63
- Costs to cover
- 8.200%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 14 min ago; OKX: live order book, 51 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, 14 min ago | 21.24 bp | 421.3 bp −$421 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 51 min ago | 4.17 bp | 50.6 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
KIOXIA on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Extended KIOXIA-USD | −0.1280% | 1h | 370.85 | +0.136% | $5K | — | 10x | as long as short |
| tradeXYZ xyz:KIOXIA | −0.1279% | 1h | 370.88 | +0.143% | $10.4M | $3.1M | 10x | as long as short |
| Polymarket Perps KIOXIA-USD | −0.1089% | 1h | 370.67 | +0.086% | $6K | $233K | 10x | as long as short |
| OKX KIOXIA-USDT-SWAPshort | 0.0000% | 8h | 370.60 | +0.068% | $433K | $431K | 10x | |
| Gate KIOXIA_USDT | 0.0000% | 8h | 370.61 | +0.070% | $72K | $21K | 20x | as long as short |
| Bitget KIOXIAUSDT | 0.0000% | 8h | 370.04 | −0.084% | $2.2M | $1.5M | 20x | as long as short |
| Lighter KIOXIA | +0.0032% | 1h | 342.91 | −7.409% | — | — | 10x | as long as short |
| KuCoin KIOXIAUSDTMlong | +0.0033% | 8h | 370.35 | long leg | $42K | $127K | 20x | |
| HTX KIOXIA-USDT | +0.0100% | 1h | 371.72 | +0.370% | $7K | $42K | 10x | as long as short |
Extended KIOXIA-USD
tradeXYZ xyz:KIOXIA
Polymarket Perps KIOXIA-USD
Gate KIOXIA_USDT
Bitget KIOXIAUSDT
Lighter KIOXIA
HTX KIOXIA-USDT