Funding you earn now, next payment 04:00 UTC+0.0127%/8h= +13.9% APRpaid last 24h +0.010%
Price spread now: OKX against KuCoin+0.199%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$830.825% of the position
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 7 days−0.283%−$28 · spread now +0.199%, 7d avg −0.052%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and OKX is 0.250% dearer against KuCoin than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of −0.052%. Mind the row above: over the last 7 days funding on this pair cost −0.078%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FETUSDTM | 0.2015 | 0.0100 | pay 0.0100% / 8h | 4h 12m | $10.6M | $18.8M | 50x |
| Short | OKX FET-USDT-SWAP | 0.2019 | 0.0227 | get 0.0114% / 4h | 12m 01s | $1.0M | $8.2M | 20x |
KuCoin FETUSDTM
OKX FET-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
- $26.72
- Price spread: +0.199% → −0.052%
- $25.01
- Slippage, 4 orders
- −$60.51
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$30.78
- Costs to cover
- 0.825%
- Break-even
- 15.1 days
Slippage from KuCoin: live order book, 7 min ago; OKX: live order book, 1 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, 7 min ago | 2.49 bp | 25.9 bp −$26 | 61.4 bp −$614 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.48 bp | 21.7 bp −$22 | 60.9 bp −$609 | doesn't fit | doesn't fit |
FET on 20 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 FET_USDC-PERPETUAL | −0.4194% | 1h | 0.2016 | +0.050% | $38K | $307K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0984% | 1h | 0.2017 | +0.099% | $146K | $246K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0456% | 1h | 0.2018 | +0.147% | $995K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0011% | 1h | 0.2015 | +0.011% | $33K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −0.248% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2015 | −0.023% | $200K | $805K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2017 | +0.092% | $30.9M | $113.5M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2014 | −0.050% | $2.7M | $12.6M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2016 | +0.050% | $31.7M | $24.7M | 200x | as long as short |
| KuCoin FETUSDTMlong | +0.0100% | 8h | 0.2015 | long leg | $10.6M | $18.8M | 50x |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
Binance FETUSDT
Gate FET_USDT
MEXC FET_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2015 | +0.007% | $337K | $418K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2014 | −0.050% | $38K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2017 | +0.079% | $33K | $252K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2014 | −0.046% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2016 | +0.050% | $1.7M | $3.1M | 100x | as long as short |
| OKX FET-USDT-SWAPshort | +0.0227% | 4h | 0.2019 | +0.199% | $1.0M | $8.2M | 20x | |
| Hyperliquid FET | +0.0243% | 1h | 0.2017 | +0.109% | $8.8M | $8.4M | 5x | as long as short |
| BingX FET-USDT | +0.0261% | 8h | 0.2016 | +0.050% | — | $6.0M | — | as long as short |
| Bitget FETUSDT | +0.0273% | 8h | 0.2018 | +0.149% | $16.3M | $11.9M | 75x | as long as short |
| Phoenix FET | +0.0505% | 1h | 0.2016 | +0.060% | $35K | $39K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
Hyperliquid FET
BingX FET-USDT
Bitget FETUSDT
Phoenix FET