Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against KuCoin−0.402%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$617as in the Funding arb table
Net, price: spread back to 7d avg − costs−$643as in the Price arb table
costs, in and out, $10k−$6126.123% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)+0.447%+$45 · spread now −0.402%, 7d avg −0.090%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.312% cheaper against KuCoin than usual: you would sell low and buy high, −$31 on $10k if it goes back to its 7-day average of −0.090%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MEUSDTM | 0.07471 | 0.0100 | pay 0.0050% / 4h | 1h 02m | $207K | $29K | 30x |
| Short | OKX ME-USDT-SWAP | 0.07441 | 0.0100 | get 0.0050% / 4h | 1h 02m | $491K | $1.1M | 20x |
KuCoin MEUSDTM
OKX ME-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
- $0
- Price spread: −0.402% → −0.090%
- −$31.18
- Slippage, 4 orders
- −$590.3
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$643.48
- Costs to cover
- 6.123%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 18 min ago; OKX: live order book, 4 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, 18 min ago | 45.27 bp | 328.5 bp −$328 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 5.35 bp | 26.8 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
ME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ME-USDT | +0.0080% | 4h | 0.07466 | −0.067% | $110K | $8K | 50x | as long as short |
| Hyperliquid ME | +0.0100% | 1h | 0.07451 | −0.268% | $236K | $100K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07453 | −0.247% | $13K | $20K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07445 | −0.343% | $2.1M | $3.9M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07452 | −0.254% | $1.5M | $761K | 25x | as long as short |
| OKX ME-USDT-SWAPshort | +0.0100% | 4h | 0.07441 | −0.402% | $491K | $1.1M | 20x | |
| Gate ME_USDT | +0.0100% | 8h | 0.07460 | −0.147% | $190K | $71K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07448 | −0.308% | $494K | $135K | 20x | as long as short |
| KuCoin MEUSDTMlong | +0.0100% | 4h | 0.07471 | long leg | $207K | $29K | 30x | |
| Bitget MEUSDT | +0.0100% | 4h | 0.07460 | −0.147% | $647K | $421K | 25x | as long as short |
BloFin ME-USDT
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
Gate ME_USDT
MEXC ME_USDT
Bitget MEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ME-USDT | +0.0100% | 4h | 0.07451 | −0.268% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07484 | +0.168% | $12K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07461 | −0.131% | $26K | — | 15x | as long as short |
BingX ME-USDT
Variational Omni ME
Reya MERUSDPERP