Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against OKX−0.177%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$511as in the Funding arb table
Net, price: spread back to 7d avg − costs−$534as in the Price arb table
costs, in and out, $10k−$5245.244% of the position
Funding, last 7 days+0.138%+$14 on $10k
+Price spread, last 4 days (all we have)+0.242%+$24 · spread now −0.177%, 7d avg −0.081%
=Funding pays, the price is against you. KuCoin is 0.096% cheaper against OKX than usual: you would sell low and buy high (spread −0.177% now, against its 7-day average of −0.081%). If the spread goes back, that is −$10 on $10k: about 3.2 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX USAR-USDT-SWAP | 16.920 | 0 | get 0.0000% / 8h | 3h 38m | $1.0M | $1.5M | 20x |
| Short | KuCoin USARUSDTM | 16.890 | 0.0100 | get 0.0100% / 8h | 3h 38m | $282K | $163K | 20x |
OKX USAR-USDT-SWAP
KuCoin USARUSDTMFunding 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 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: −0.177% → −0.081%
- −$9.64
- Slippage, 4 orders
- −$502.43
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$513.07
- Costs to cover
- 5.244%
- Break-even
- 178.0 days
Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 33 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 OKX live order book, 3 min ago | 2.97 bp | 19.9 bp −$20 | 557.1 bp −$5,571 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 33 min ago | 5.90 bp | 217.3 bp −$217 | doesn't fit | doesn't fit | doesn't fit |
USAR on 16 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 USARUSDT | 0.0000% | 8h | 16.898 | −0.132% | $27K | $29K | 20x | as long as short |
| Extended USAR-USD | 0.0000% | 1h | 16.885 | −0.205% | $4K | $161K | 10x | as long as short |
| Binance USARUSDT | 0.0000% | 8h | 16.901 | −0.109% | $2.4M | $5.2M | 20x | as long as short |
| Bybit USARUSDT | 0.0000% | 8h | 16.890 | −0.177% | $423K | $280K | 25x | as long as short |
| OKX USAR-USDT-SWAPlong | 0.0000% | 8h | 16.920 | long leg | $1.0M | $1.5M | 20x | |
| Gate USAR_USDT | 0.0000% | 8h | 16.910 | −0.059% | $498K | $444K | 20x | as long as short |
| Bitget USARUSDT | 0.0000% | 8h | 16.910 | −0.059% | $341K | $3.7M | 20x | as long as short |
| Variational Omni USAR | 0.0000% | 8h | 16.842 | −0.461% | $59K | $8K | — | as long as short |
| GRVT USAR_USDT_Perp | 0.0000% | 8h | 16.847 | −0.432% | $843 | $223K | 10x | as long as short |
| SunX USAR-USDT | 0.0000% | 8h | 16.890 | −0.177% | $2K | $6.7M | 10x | as long as short |
Aster USARUSDT
Extended USAR-USD
Binance USARUSDT
Bybit USARUSDT
Gate USAR_USDT
Bitget USARUSDT
Variational Omni USAR
GRVT USAR_USDT_Perp
SunX USAR-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX USAR-USDT | 0.0000% | 8h | 16.920 | 0.000% | $8K | $8K | 20x | as long as short |
| Lighter RH USAR | +0.0032% | 1h | 16.883 | −0.219% | $270K | $561K | 10x | as long as short |
| Arcus USAR-USD | +0.0040% | 1h | 16.870 | −0.296% | $145K | $62K | 10x | as long as short |
| Vest USAR-USD-PERP | +0.0046% | 1h | 16.880 | −0.236% | — | $49 | 10x | as long as short |
| tradeXYZ xyz:USAR | +0.0050% | 1h | 16.889 | −0.183% | $2.5M | $960K | 10x | as long as short |
| KuCoin USARUSDTMshort | +0.0100% | 8h | 16.890 | −0.177% | $282K | $163K | 20x |
HTX USAR-USDT
Lighter RH USAR
Arcus USAR-USD
Vest USAR-USD-PERP
tradeXYZ xyz:USAR