Funding you earn now, next payment 04:00 UTC−0.0144%/8h= −15.8% APRnext payment −$0.72 per $10,000 · paid last 24h +0.025%
Price spread now: KuCoin against OKX−0.070%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$396as in the Funding arb table
Net, price: spread back to 7d avg − costs−$465as in the Price arb table
costs, in and out, $10k−$4634.630% of the position
Funding, last 7 days+0.667%+$67 on $10k
+Price spread, last 7 days−0.002%$0 · spread now −0.070%, 7d avg −0.046%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.024% cheaper against OKX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.046%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.667%, 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 LAB-USDT-SWAP | 0.05682 | 0.0326 | pay 0.0163% / 4h | 1h 29m | $3.9M | $6.5M | 10x |
| Short | KuCoin LABUSDTM | 0.05678 | 0.0182 | get 0.0091% / 4h | 1h 29m | $1.9M | $1.6M | 10x |
Funding 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
- −$30.32
- Price spread: −0.070% → −0.046%
- −$2.41
- Slippage, 4 orders
- −$441.01
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$495.74
- Costs to cover
- 4.630%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 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, 3 min ago | 0.88 bp | 21.5 bp −$21 | 178.1 bp −$1,781 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 2.64 bp | 222.3 bp −$222 | doesn't fit | doesn't fit | doesn't fit |
LAB on 14 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 LABUSDT | +0.0100% | 4h | 0.05680 | −0.035% | $4.2M | $2.4M | 20x | as long as short |
| Gate LAB_USDT | +0.0100% | 4h | 0.05676 | −0.106% | $3.3M | $1.7M | 20x | as long as short |
| Variational Omni LAB | +0.0100% | 4h | 0.05674 | −0.144% | $79K | $370 | — | as long as short |
| SunX LAB-USDT | +0.0100% | 4h | 0.05680 | −0.035% | $1K | $1.0M | 20x | as long as short |
| HTX LAB-USDT | +0.0100% | 4h | 0.05707 | +0.440% | $71K | $50K | 20x | as long as short |
| KuCoin LABUSDTMshort | +0.0182% | 4h | 0.05678 | −0.070% | $1.9M | $1.6M | 10x | |
| BloFin LAB-USDT | +0.0298% | 4h | 0.05683 | +0.018% | $604K | $68K | 10x | as long as short |
| Bitget LABUSDT | +0.0320% | 4h | 0.05680 | −0.035% | $3.0M | $844K | 10x | as long as short |
| OKX LAB-USDT-SWAPlong | +0.0326% | 4h | 0.05682 | long leg | $3.9M | $6.5M | 10x | |
| Binance LABUSDT | +0.0329% | 4h | 0.05681 | −0.018% | $13.9M | $14.3M | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC LAB_USDT | +0.0330% | 4h | 0.05681 | −0.018% | $4.8M | $1.1M | 20x | as long as short |
| BingX LAB-USDT | +0.0338% | 4h | 0.05681 | −0.018% | — | $1.6M | — | as long as short |
| edgeX LABUSDC | +0.0343% | 4h | 0.05682 | +0.008% | $13K | $182K | 10x | as long as short |
| Aster LABUSDT | +0.0358% | 4h | 0.05678 | −0.075% | $46K | $66K | 5x | as long as short |
OKX LAB-USDT-SWAP
KuCoin LABUSDTM
Bybit LABUSDT
Gate LAB_USDT
Variational Omni LAB
SunX LAB-USDT
HTX LAB-USDT
BloFin LAB-USDT
Bitget LABUSDT
Binance LABUSDT
MEXC LAB_USDT
BingX LAB-USDT
edgeX LABUSDC
Aster LABUSDT