Funding you earn now, next payment 08:00 UTC+0.0274%/8h= +30.0% APRnext payment +$2.74 per $10,000 · paid last 24h +0.111%
Price spread now: OKX against KuCoin−0.255%7-day average −0.139% · you buy dearer than you sell
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1711.708% of the position
Funding, last 7 days+0.149%+$15 on $10k
+Price spread, last 7 days+0.278%+$28 · spread now −0.255%, 7d avg −0.139%
=Funding pays, the price is against you. OKX is 0.116% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.255% now, against its 7-day average of −0.139%). If the spread goes back, that is −$12 on $10k: about 34 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.149% in total) that is about 5.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.149% in total (about 7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.74 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin EGLDUSDTM | 4.3140 | 0.0100 | pay 0.0100% / 8h | 1h 52m | $2.8M | $1.2M | 50x |
| Short | OKX EGLD-USDT-SWAP | 4.3030 | 0.0374 | get 0.0374% / 8h | 1h 52m | $586K | $4.3M | 20x |
KuCoin EGLDUSDTM
OKX EGLD-USDT-SWAPFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $57.56
- Price spread: −0.255% → −0.139%
- −$11.61
- Slippage, 4 orders
- −$148.83
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$124.89
- Costs to cover
- 1.708%
- Break-even
- 22.2 days
Slippage from KuCoin: live order book, 5 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 5 min ago | 5.79 bp | 70.5 bp −$71 | 372.7 bp −$3,727 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.33 bp | 27.3 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
EGLD on 12 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_EGLDUSD | −0.0170% | 1h | 4.3084 | −0.129% | $437K | $718K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −15.160% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.3035 | −0.242% | $4.4M | $24.8M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.3030 | −0.255% | $2.5M | $8.1M | 75x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.3120 | −0.046% | $440K | $611K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.3030 | −0.255% | $4.0M | $2.9M | 125x | as long as short |
| KuCoin EGLDUSDTMlong | +0.0100% | 8h | 4.3140 | long leg | $2.8M | $1.2M | 50x | |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3070 | −0.162% | $2.2M | $4.0M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.3127 | −0.029% | $16K | $55K | — | as long as short |
| BloFin EGLD-USDT | +0.0220% | 8h | 4.3080 | −0.139% | $211K | $567K | 75x | as long as short |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Binance EGLDUSDT
Bybit EGLDUSDT
Gate EGLD_USDT
MEXC EGLD_USDT
Bitget EGLDUSDT
Variational Omni EGLD
BloFin EGLD-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX EGLD-USDT | +0.0370% | 8h | 4.3080 | −0.139% | — | $2.8M | — | as long as short |
| OKX EGLD-USDT-SWAPshort | +0.0374% | 8h | 4.3030 | −0.255% | $586K | $4.3M | 20x |
BingX EGLD-USDT