Funding you earn now, next payment 00:00 UTC+0.0097%/8h= +10.7% APRnext payment +$0.49 per $10,000 · paid last 24h +0.001%
Price spread now: KuCoin against OKX−0.181%7-day average +0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$279as in the Funding arb table
Net, price: spread back to 7d avg − costs−$306as in the Price arb table
costs, in and out, $10k−$2792.785% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+1.201%+$120 · spread now −0.181%, 7d avg +0.091%
=Funding pays, the price is against you. KuCoin is 0.272% cheaper against OKX than usual: you would sell low and buy high (spread −0.181% now, against its 7-day average of +0.091%). If the spread goes back, that is −$27 on $10k: about 9.3 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 ATH-USDT-SWAP | 0.005529 | 0.0003 | pay 0.0001% / 4h | 3h 30m | $709K | $1.2M | 20x |
| Short | KuCoin ATHUSDTM | 0.005519 | 0.0100 | get 0.0050% / 4h | 3h 30m | $556K | $108K | 30x |
OKX ATH-USDT-SWAP
KuCoin ATHUSDTMFunding 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
- $20.47
- Price spread: −0.181% → +0.091%
- −$27.23
- Slippage, 4 orders
- −$256.54
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$285.3
- Costs to cover
- 2.785%
- Break-even
- 104.6 days
Slippage from OKX: live order book, 1 min ago; KuCoin: live order book, 12 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, 1 min ago | 5.45 bp | 37.0 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 12 min ago | 0.92 bp | 84.3 bp −$84 | doesn't fit | doesn't fit | doesn't fit |
ATH 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ATHUSD | −0.3361% | 1h | 0.005518 | −0.196% | $20K | $107K | 10x | as long as short |
| Variational Omni ATH | −0.0407% | 4h | 0.005496 | −0.604% | $185K | $94K | — | as long as short |
| dYdX ATH-USD | −0.0059% | 1h | 0.005531 | +0.030% | $11K | $16 | 5x | as long as short |
| OKX ATH-USDT-SWAPlong | +0.0003% | 4h | 0.005529 | long leg | $709K | $1.2M | 20x | |
| Aster ATHUSDT | +0.0100% | 4h | 0.005524 | −0.083% | $7K | $36K | 5x | as long as short |
| Binance ATHUSDT | +0.0100% | 4h | 0.005534 | +0.097% | $3.4M | $3.8M | 50x | as long as short |
| Bybit ATHUSDT | +0.0100% | 4h | 0.005530 | +0.018% | $4.5M | $2.2M | 25x | as long as short |
| Gate ATH_USDT | +0.0100% | 4h | 0.005522 | −0.127% | $791K | $516K | 30x | as long as short |
| MEXC ATH_USDT | +0.0100% | 4h | 0.005532 | +0.054% | $8.7M | $742K | 50x | as long as short |
| KuCoin ATHUSDTMshort | +0.0100% | 4h | 0.005519 | −0.181% | $556K | $108K | 30x |
Kraken Futures PF_ATHUSD
Variational Omni ATH
dYdX ATH-USD
Aster ATHUSDT
Binance ATHUSDT
Bybit ATHUSDT
Gate ATH_USDT
MEXC ATH_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ATHUSDT | +0.0100% | 4h | 0.005531 | +0.036% | $1.5M | $785K | 25x | as long as short |
| BingX ATH-USDT | +0.0100% | 4h | 0.005530 | +0.018% | — | $21.8M | — | as long as short |
| BloFin ATH-USDT | +0.0141% | 4h | 0.005523 | −0.109% | $171K | $62K | 75x | as long as short |
Bitget ATHUSDT
BingX ATH-USDT
BloFin ATH-USDT