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: KuCoin against OKX+0.044%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$863as in the Funding arb table
Net, price: spread back to 7d avg − costs−$861as in the Price arb table
costs, in and out, $10k−$8638.627% 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)+0.353%+$35 · spread now +0.044%, 7d avg +0.029%
Together, before fees+0.353%+$35 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BASED-USDT-SWAP0.068550.0100pay 0.0050% / 4h1h 12m$2.7M$3.8M20x
ShortKuCoin BASEDUSDTM0.068580.0100get 0.0050% / 4h1h 12m$572K$73K20x

Funding 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 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: +0.044% → +0.029%
$1.49
Slippage, 4 orders
−$840.67
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$861.18
Costs to cover
8.627%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 11 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 OKX live order book, 5 min ago2.18 bp23.3 bp −$23122.4 bp −$1,224doesn't fitdoesn't fit
Sell KuCoin live order book, 11 min ago18.92 bp368.9 bp −$369934.3 bp −$9,343doesn'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
BloFin BASED-USDT+0.0064%4h0.06866+0.160%$261K$47K25xas long as short
Binance BASEDUSDT+0.0100%4h0.06860+0.077%$4.2M$3.1M25xas long as short
Bybit BASEDUSDT+0.0100%4h0.06856+0.015%$2.1M$683K25xas long as short
OKX BASED-USDT-SWAPlong+0.0100%4h0.06855long leg$2.7M$3.8M20x
Gate BASED_USDT+0.0100%4h0.06862+0.102%$537K$587K50xas long as short
MEXC BASED_USDT+0.0100%4h0.06864+0.131%$4.9M$613K50xas long as short
KuCoin BASEDUSDTMshort+0.0100%4h0.06858+0.044%$572K$73K20x
Bitget BASEDUSDT+0.0100%4h0.06864+0.131%$1.3M$371K25xas long as short
BingX BASED-USDT+0.0100%4h0.06857+0.029%$1.7Mas long as short
Variational Omni BASED+0.0100%4h0.06864+0.126%$95K$15Kas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BASED_USDT_Perp+0.0100%4h0.06840−0.219%$95K$380K10xas long as short
SunX BASED-USDT+0.0100%4h0.06866+0.160%$2K$883K20xas long as short
Extended BASED-USD+0.0104%1h0.06858+0.048%$1K$199K5xas long as short
Aster BASEDUSDT+0.0114%4h0.06866+0.160%$29K$6K5xas long as short
Orderly PERP_BASED_USDC+0.0230%4h0.06868+0.190%$3K$66410xas long as short