Funding you earn now, next payment 08:00 UTC+0.0115%/8h= +12.6% APRnext payment +$0.57 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against KuCoin−0.093%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2192.192% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 7 days+0.240%+$24 · spread now −0.093%, 7d avg −0.021%
=Funding pays, the price is against you. OKX is 0.072% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of −0.021%). If the spread goes back, that is −$7 on $10k: about 2.1 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.058% in total) that is about 8.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FLOCKUSDTM | 0.07495 | 0.0100 | pay 0.0050% / 4h | 1h 18m | $1.2M | $804K | 20x |
| Short | OKX FLOCK-USDT-SWAP | 0.07488 | 0.0215 | get 0.0107% / 4h | 1h 18m | $696K | $14.5M | 20x |
KuCoin FLOCKUSDTM
OKX FLOCK-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
- $24.14
- Price spread: −0.093% → −0.021%
- −$7.21
- Slippage, 4 orders
- −$197.23
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$202.3
- Costs to cover
- 2.192%
- Break-even
- 65.7 days
Slippage from KuCoin: live order book, 7 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, 7 min ago | 11.50 bp | 125.7 bp −$126 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.69 bp | 18.9 bp −$19 | 64.0 bp −$640 | doesn't fit | doesn't fit |
FLOCK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit FLOCKUSDT | +0.0100% | 4h | 0.07485 | −0.133% | $3.4M | $13.3M | 20x | as long as short |
| KuCoin FLOCKUSDTMlong | +0.0100% | 4h | 0.07495 | long leg | $1.2M | $804K | 20x | |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07497 | +0.027% | $1.2M | $2.2M | 20x | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07481 | −0.191% | $174K | $310K | — | as long as short |
| OKX FLOCK-USDT-SWAPshort | +0.0215% | 4h | 0.07488 | −0.093% | $696K | $14.5M | 20x | |
| Gate FLOCK_USDT | +0.0215% | 8h | 0.07488 | −0.093% | $783K | $1.8M | 50x | as long as short |
| BingX FLOCK-USDT | +0.0352% | 4h | 0.07492 | −0.040% | — | $6.7M | — | as long as short |
| MEXC FLOCK_USDT | +0.0408% | 4h | 0.07498 | +0.040% | $339K | $286K | 100x | as long as short |
| Binance FLOCKUSDT | +0.0435% | 4h | 0.07498 | +0.040% | $5.8M | $39.5M | 50x | as long as short |
| BloFin FLOCK-USDT | +0.0451% | 4h | 0.07508 | +0.173% | $263K | $93K | 50x | as long as short |
Bybit FLOCKUSDT
Bitget FLOCKUSDT
Variational Omni FLOCK
Gate FLOCK_USDT
BingX FLOCK-USDT
MEXC FLOCK_USDT
Binance FLOCKUSDT
BloFin FLOCK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.1549% | 4h | 0.07508 | +0.173% | $1.6M | $3.7M | 5x | as long as short |
Aster FLOCKUSDT