Settings8H · net · $10k
Funding arb · Price arb /

BASED

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against KuCoin−0.015%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$900as in the Funding arb table
Net, price: spread back to 7d avg − costs−$898as in the Price arb table
costs, in and out, $10k−$9008.996% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.092%−$9 · spread now −0.015%, 7d avg −0.028%
Together, before fees−0.092%−$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BASEDUSDTM0.068510.0100pay 0.0050% / 4h3h 32m$574K$55K20x
ShortOKX BASED-USDT-SWAP0.068500.0100get 0.0050% / 4h3h 32m$2.6M$3.6M20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.015% → −0.028%
$1.36
Slippage, 4 orders
−$877.59
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$898.23
Costs to cover
8.996%
Break-even
never at this rate
Slippage from KuCoin: live order book, 20 min ago; OKX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 20 min ago24.21 bp458.8 bp −$4591063.3 bp −$10.6Kdoesn't fitdoesn't fit
Sell OKX live order book, 5 min ago0.73 bp14.9 bp −$1587.6 bp −$876doesn't fitdoesn't fit

BASED on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BASEDUSDT+0.0100%4h0.06849−0.029%$2.1M$590K25xas long as short
OKX BASED-USDT-SWAPshort+0.0100%4h0.06850−0.015%$2.6M$3.6M20x
Gate BASED_USDT+0.0100%4h0.06858+0.102%$545K$535K50xas long as short
KuCoin BASEDUSDTMlong+0.0100%4h0.06851long leg$574K$55K20x
Bitget BASEDUSDT+0.0100%4h0.06861+0.146%$1.3M$358K25xas long as short
BingX BASED-USDT+0.0100%4h0.06852+0.015%$1.6Mas long as short
Variational Omni BASED+0.0100%4h0.06831−0.293%$93K$20Kas long as short
GRVT BASED_USDT_Perp+0.0100%4h0.06830−0.299%$91K$382K10xas long as short
SunX BASED-USDT+0.0100%4h0.06856+0.073%$2K$837K20xas long as short
MEXC BASED_USDT+0.0102%4h0.06855+0.058%$4.8M$644K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BASEDUSDT+0.0103%4h0.06855+0.058%$4.2M$3.0M25xas long as short
Extended BASED-USD+0.0104%1h0.06854+0.050%$8K$304K5xas long as short
BloFin BASED-USDT+0.0139%4h0.06858+0.102%$252K$41K25xas long as short
Orderly PERP_BASED_USDC+0.0294%4h0.06863+0.175%$3K$65210xas long as short
Aster BASEDUSDT+0.0347%4h0.06861+0.144%$29K$6K5xas long as short