Funding you earn now, next payment 08:00 UTC−0.0223%/8h= −24.4% APRnext payment −$2.23 per $10,000 · paid last 24h −0.111%
Price spread now: KuCoin against OKX+0.281%7-day average +0.139% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1961.959% of the position
Funding, last 7 days−0.149%−$15 on $10k
+Price spread, last 7 days−0.305%−$30 · spread now +0.281%, 7d avg +0.139%
=The price spread pays, funding is against you. KuCoin is 0.143% dearer against OKX than usual: you sell high and buy low (spread +0.281% now, against its 7-day average of +0.139%): +$14 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 7 days (−0.149% in total) that is about 6.7 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 −$2.23 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 | OKX EGLD-USDT-SWAP | 4.2630 | 0.0323 | pay 0.0323% / 8h | 2h 26m | $590K | $4.4M | 20x |
| Short | KuCoin EGLDUSDTM | 4.2750 | 0.0100 | get 0.0100% / 8h | 2h 26m | $2.8M | $1.2M | 50x |
OKX EGLD-USDT-SWAP
KuCoin EGLDUSDTMFunding 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
- −$46.81
- Price spread: +0.281% → +0.139%
- $14.26
- Slippage, 4 orders
- −$173.87
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$228.41
- Costs to cover
- 1.959%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; KuCoin: 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 OKX live order book, 1 min ago | 3.51 bp | 26.0 bp −$26 | 2362.3 bp −$23.6K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 5.82 bp | 48.3 bp −$48 | 235.7 bp −$2,357 | 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 | −0.0185% | 1h | 4.2746 | +0.271% | $439K | $713K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −14.145% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.2662 | +0.074% | $4.4M | $25.2M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.2670 | +0.094% | $2.5M | $8.2M | 75x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.2780 | +0.352% | $440K | $657K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.2660 | +0.070% | $3.9M | $3.0M | 125x | as long as short |
| KuCoin EGLDUSDTMshort | +0.0100% | 8h | 4.2750 | +0.281% | $2.8M | $1.2M | 50x | |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.2690 | +0.141% | $2.1M | $3.9M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.2833 | +0.477% | $16K | $55K | — | as long as short |
| BloFin EGLD-USDT | +0.0220% | 8h | 4.2770 | +0.328% | $214K | $569K | 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 | +0.0312% | 8h | 4.2700 | +0.164% | — | $2.8M | — | as long as short |
| OKX EGLD-USDT-SWAPlong | +0.0323% | 8h | 4.2630 | long leg | $590K | $4.4M | 20x |
BingX EGLD-USDT