Funding you earn now, next payment 00:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.04 per $10,000 · paid last 24h −0.003%
Price spread now: KuCoin against OKX0.000%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1541.542% of the position
Funding, last 7 days+0.134%+$13 on $10k
+Price spread, last 4 days (all we have)−0.162%−$16 · spread now 0.000%, 7d avg −0.010%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GMT-USDT-SWAP | 0.008360 | 0.0100 | pay 0.0050% / 4h | 41m 32s | $350K | $562K | 20x |
| Short | KuCoin GMTUSDTM | 0.008360 | 0.0092 | get 0.0046% / 4h | 41m 32s | $249K | $99K | 50x |
OKX GMT-USDT-SWAP
KuCoin GMTUSDTMFunding 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
- −$1.68
- Price spread: 0.000% → −0.010%
- $0.99
- Slippage, 4 orders
- −$132.2
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$154.89
- Costs to cover
- 1.542%
- Break-even
- never at this rate
Slippage from OKX: live order book, 34 min ago; KuCoin: live order book, 19 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, 34 min ago | 1.80 bp | 35.9 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 19 min ago | 5.98 bp | 54.2 bp −$54 | 248.0 bp −$2,480 | doesn't fit | doesn't fit |
GMT 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_GMTUSD | −0.1561% | 1h | 0.008357 | −0.033% | $46K | $11K | 20x | as long as short |
| KuCoin GMTUSDTMshort | +0.0092% | 4h | 0.008360 | 0.000% | $249K | $99K | 50x | |
| Hyperliquid GMT | +0.0100% | 1h | 0.008363 | +0.036% | $123K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008367 | +0.087% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008363 | +0.037% | $2.7M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008356 | −0.048% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAPlong | +0.0100% | 4h | 0.008360 | long leg | $350K | $562K | 20x | |
| Gate GMT_USDT | +0.0100% | 8h | 0.008360 | 0.000% | $146K | $105K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008367 | +0.084% | $422K | $182K | 20x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008361 | +0.012% | $673K | $398K | 50x | as long as short |
Kraken Futures PF_GMTUSD
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
Gate GMT_USDT
MEXC GMT_USDT
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GMT | +0.0100% | 8h | 0.008366 | +0.077% | $3K | $5K | — | as long as short |
| BingX GMT-USDT | +0.0200% | 4h | 0.008364 | +0.048% | — | $1.2M | — | as long as short |
Variational Omni GMT
BingX GMT-USDT