Funding you earn now, next payment 08:00 UTC−0.0102%/8h= −11.2% APRnext payment −$0.51 per $10,000 · paid last 24h −0.100%
Price spread now: KuCoin against OKX−0.027%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$615as in the Funding arb table
Net, price: spread back to 7d avg − costs−$638as in the Price arb table
costs, in and out, $10k−$6306.301% of the position
Funding, last 7 days+0.154%+$15 on $10k
+Price spread, last 7 days+0.210%+$21 · spread now −0.027%, 7d avg +0.048%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.075% cheaper against OKX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.048%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.154%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LA-USDT-SWAP | 0.07450 | 0.0070 | pay 0.0035% / 4h | 1h 17m | $1.4M | $2.9M | 20x |
| Short | KuCoin LAUSDTM | 0.07448 | −0.0032 | pay 0.0016% / 4h | 1h 17m | $1.0M | $82K | 30x |
OKX LA-USDT-SWAP
KuCoin LAUSDTMFunding 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
- −$21.49
- Price spread: −0.027% → +0.048%
- −$7.53
- Slippage, 4 orders
- −$608.09
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$659.11
- Costs to cover
- 6.301%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 7 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, 4 min ago | 2.69 bp | 23.4 bp −$23 | 599.6 bp −$5,996 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 7.41 bp | 427.9 bp −$428 | doesn't fit | doesn't fit | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX LA-USDT | −0.0345% | 4h | 0.07461 | +0.148% | — | $6.6M | — | as long as short |
| Bitget LAUSDT | −0.0324% | 4h | 0.07450 | 0.000% | $2.0M | $447K | 25x | as long as short |
| Gate LA_USDT | −0.0204% | 4h | 0.07449 | −0.013% | $228K | $823K | 50x | as long as short |
| Aster LAUSDT | −0.0153% | 4h | 0.07458 | +0.101% | $52K | $25K | 5x | as long as short |
| MEXC LA_USDT | −0.0034% | 4h | 0.07459 | +0.121% | $388K | $134K | 50x | as long as short |
| KuCoin LAUSDTMshort | −0.0032% | 4h | 0.07448 | −0.027% | $1.0M | $82K | 30x | |
| BloFin LA-USDT | −0.0027% | 4h | 0.07438 | −0.161% | $247K | $20K | 25x | as long as short |
| Binance LAUSDT | −0.0026% | 4h | 0.07460 | +0.131% | $4.8M | $9.6M | 25x | as long as short |
| OKX LA-USDT-SWAPlong | +0.0070% | 4h | 0.07450 | long leg | $1.4M | $2.9M | 20x | |
| Bybit LAUSDT | +0.0100% | 4h | 0.07462 | +0.161% | $2.4M | $2.5M | 25x | as long as short |
BingX LA-USDT
Bitget LAUSDT
Gate LA_USDT
Aster LAUSDT
MEXC LA_USDT
BloFin LA-USDT
Binance LAUSDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07430 | −0.268% | $142K | $444K | 10x | as long as short |
GRVT LA_USDT_Perp