Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.017%
Price spread now: OKX against KuCoin−0.115%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1421.418% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 7 days+0.169%+$17 · spread now −0.115%, 7d avg +0.017%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.131% cheaper against KuCoin than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ETHFIUSDTM | 0.6971 | 0.0100 | pay 0.0050% / 4h | 1h 16m | $1.2M | $229K | 50x |
| Short | OKX ETHFI-USDT-SWAP | 0.6963 | 0.0100 | get 0.0050% / 4h | 1h 16m | $5.1M | $12.7M | 20x |
KuCoin ETHFIUSDTM
OKX ETHFI-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
- $0
- Price spread: −0.115% → +0.017%
- −$13.15
- Slippage, 4 orders
- −$119.81
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$154.96
- Costs to cover
- 1.418%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; OKX: live order book, 2 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, 8 min ago | 8.62 bp | 63.2 bp −$63 | 180.1 bp −$1,801 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.87 bp | 12.6 bp −$13 | 43.5 bp −$435 | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0611% | 1h | 0.6963 | −0.115% | $41K | $11K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0399% | 4h | 0.6959 | −0.172% | $83K | $174K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0280% | 4h | 0.6961 | −0.143% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0132% | 4h | 0.6961 | −0.139% | $913K | $787K | — | as long as short |
| Binance ETHFIUSDT | −0.0016% | 4h | 0.6957 | −0.200% | $24.2M | $36.3M | 75x | as long as short |
| Extended ETHFI-USD | −0.0016% | 1h | 0.6956 | −0.212% | $94K | $506K | 10x | as long as short |
| MEXC ETHFI_USDT | −0.0014% | 4h | 0.6958 | −0.186% | $15.8M | $4.2M | 125x | as long as short |
| Paradex ETHFI-USD-PERP | 0.0000% | 8h | 0.6959 | −0.168% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +3.859% | $321 | $51K | 5.5x | as long as short |
| Bybit ETHFIUSDT | +0.0060% | 4h | 0.6963 | −0.115% | $17.3M | $13.1M | 25x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Binance ETHFIUSDT
Extended ETHFI-USD
MEXC ETHFI_USDT
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Bybit ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0080% | 1h | 0.6960 | −0.158% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6966 | −0.073% | $1.1M | $829K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6963 | −0.109% | $16.7M | $8.7M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6969 | −0.029% | $178K | $262K | 10x | as long as short |
| OKX ETHFI-USDT-SWAPshort | +0.0100% | 4h | 0.6963 | −0.115% | $5.1M | $12.7M | 20x | |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6969 | −0.029% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTMlong | +0.0100% | 4h | 0.6971 | long leg | $1.2M | $229K | 50x | |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6961 | −0.143% | $6.1M | $4.9M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.6962 | −0.129% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6964 | −0.106% | $52K | $149K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6981 | +0.143% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0225% | 4h | 0.6972 | +0.014% | $1.2M | $241K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0328% | 1h | 0.6978 | +0.100% | $32K | $7K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.1686% | 1h | 0.6977 | +0.081% | $291K | $297K | 20x | as long as short |
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Gate ETHFI_USDT
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD