Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against OKX+0.221%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$414as in the Funding arb table
Net, price: spread back to 7d avg − costs−$383as in the Price arb table
costs, in and out, $10k−$3983.983% of the position
Funding, last 7 days−0.156%−$16 on $10k
+Price spread, last 7 days−0.144%−$14 · spread now +0.221%, 7d avg +0.068%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.153% dearer against OKX than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CP-USDT-SWAP | 0.01360 | 0.0100 | pay 0.0050% / 4h | 41m 10s | $3.8M | $10.6M | 20x |
| Short | KuCoin CPUSDTM | 0.01363 | 0.0100 | get 0.0050% / 4h | 41m 10s | $192K | $935K | 20x |
OKX CP-USDT-SWAP
KuCoin CPUSDTMFunding 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
- $0
- Price spread: +0.221% → +0.068%
- $15.29
- Slippage, 4 orders
- −$376.33
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$383.04
- Costs to cover
- 3.983%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; KuCoin: live order book, 28 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, 2 min ago | 3.67 bp | 23.6 bp −$24 | 151.1 bp −$1,511 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 28 min ago | 10.99 bp | 179.4 bp −$179 | doesn't fit | doesn't fit | doesn't fit |
CP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDT | +0.0070% | 4h | 0.01360 | 0.000% | — | $1.0M | — | as long as short |
| Bybit CPUSDT | +0.0100% | 4h | 0.01361 | +0.074% | $1.5M | $2.3M | 20x | as long as short |
| OKX CP-USDT-SWAPlong | +0.0100% | 4h | 0.01360 | long leg | $3.8M | $10.6M | 20x | |
| Gate CP_USDT | +0.0100% | 4h | 0.01360 | 0.000% | $564K | $508K | 20x | as long as short |
| MEXC CP_USDT | +0.0100% | 4h | 0.01361 | +0.074% | $1.5M | $362K | 20x | as long as short |
| KuCoin CPUSDTMshort | +0.0100% | 4h | 0.01363 | +0.221% | $192K | $935K | 20x | |
| Bitget CPUSDT | +0.0100% | 4h | 0.01361 | +0.051% | $780K | $1.5M | 20x | as long as short |
| BloFin CP-USDT | +0.0154% | 4h | 0.01359 | −0.074% | $412 | $37K | 20x | as long as short |
BingX CP-USDT
Bybit CPUSDT
Gate CP_USDT
MEXC CP_USDT
Bitget CPUSDT
BloFin CP-USDT