Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.203%
Price spread now: KuCoin against HTX−0.120%7-day average +0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,085as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,135as in the Price arb table
costs, in and out, $10k−$1,11411.139% of the position
Funding, last 7 days+0.293%+$29 on $10k
+Price spread, last 3 days (all we have)+0.224%+$22 · spread now −0.120%, 7d avg +0.096%
=Funding pays, the price is against you. KuCoin is 0.216% cheaper against HTX than usual: you would sell low and buy high (spread −0.120% now, against its 7-day average of +0.096%). If the spread goes back, that is −$22 on $10k: about 14 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.293% in total) that is about 5.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX OPENAI-USDT | 1,623.9 | 0 | get 0.0000% / 8h | 5h 50m | $79K | $216K | 20x |
| Short | KuCoin OPENAIUSDTM | 1,621.9 | 0.0050 | get 0.0050% / 8h | 5h 50m | $373K | $71K | 20x |
HTX OPENAI-USDT
KuCoin OPENAIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against HTX. 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: −0.120% → +0.096%
- −$21.58
- Slippage, 4 orders
- −$1,089.88
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,124.96
- Costs to cover
- 11.139%
- Break-even
- 757.0 days
Slippage from HTX: live order book, 11 min ago; KuCoin: live order book, 47 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 HTX live order book, 11 min ago | 3.11 bp | 17.0 bp −$17 | 38.0 bp −$380 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 47 min ago | 13.85 bp | 442.7 bp −$443 | doesn't fit | doesn't fit | doesn't fit |
OPENAI on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTX | −0.0104% | 1h | 1,623.3 | −0.037% | $224K | $158K | 5x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,707.8 | +5.169% | $1.4M | $268K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,661.2 | +2.297% | $761K | $203K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,651.7 | +1.714% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,619.3 | −0.283% | $52.4M | $28.7M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,623.7 | −0.013% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,623.4 | −0.028% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,622.2 | −0.100% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDTlong | 0.0000% | 8h | 1,623.9 | long leg | $79K | $216K | 20x | |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,621.8 | −0.126% | $1.6M | $545K | 10x | as long as short |
Coinbase International OPENAI-PERP-INTX
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
Phemex OPENAIUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | 0.0000% | 1h | 1,623.1 | −0.046% | $1.2M | $443K | 10x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,674.9 | +3.144% | $2.7M | $6.1M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,622.8 | −0.064% | $131K | $720K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,628.7 | +0.296% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,623.3 | −0.037% | $22.9M | $17.8M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,622.6 | −0.079% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTMshort | +0.0050% | 8h | 1,621.9 | −0.120% | $373K | $71K | 20x | |
| Variational Omni OPENAI | +0.0050% | 8h | 1,622.7 | −0.073% | $2.6M | $752K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,622.2 | −0.100% | $2K | $137K | 10x | as long as short |
| Entropy io:OAI | +0.0097% | 1h | 1,667.6 | +2.694% | $7.4M | $2.1M | 6x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,622.6 | −0.076% | — | — | 10x | as long as short |
QFEX OPENAI-USD
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Entropy io:OAI
Aevo OPENAI-PERP