MUBARAK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0370%/8h= −40.5% APRnext payment −$1.85 per $10,000 · paid last 24h −0.184%

Price spread now: OKX against KuCoin−0.025%7-day average −0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs−$197as in the Funding arb table

Net, price: spread back to 7d avg − costs−$173as in the Price arb table

costs, in and out, $10k−$1791.789% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.181%−$18 on $10k

Price spread, last 7 days+0.045%+$4 · spread now −0.025%, 7d avg −0.081%

Together, before fees−0.136%−$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.056% dearer against KuCoin than usual: you sell high and buy low (spread −0.025% now, against its 7-day average of −0.081%): +$6 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.181% in total) that is about 2.2 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.181% in total (about -9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.85 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MUBARAKUSDTM	0.04786	0.0470	pay 0.0235% / 4h	3h 43m	$1.8M	$1.2M	30x
Short	OKX MUBARAK-USDT-SWAP	0.04785	0.0100	get 0.0050% / 4h	3h 43m	$3.0M	$62.5M	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee OKXbpOrdersPrice spread, now −0.025%Rate

Funding earned: −$77.7
Price spread: −0.025% → −0.081%: $5.56
Slippage, 4 orders: −$156.86
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$251.01
Costs to cover: 1.789%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 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, 3 min ago	10.36 bp	80.9 bp −$81	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	3.78 bp	19.7 bp −$20	98.6 bp −$986	doesn't fit	doesn't fit

MUBARAK 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 MUBARAKUSDT	+0.0100%	4h	0.04782	−0.081%	$3.6M	$12.0M	25x	as long as short
OKX MUBARAK-USDT-SWAPshort	+0.0100%	4h	0.04785	−0.025%	$3.0M	$62.5M	20x
Variational Omni MUBARAK	+0.0100%	4h	0.04809	+0.485%	$12K	$57K	—	as long as short
MEXC MUBARAK_USDT	+0.0184%	4h	0.04778	−0.167%	$947K	$1.6M	50x	as long as short
Binance MUBARAKUSDT	+0.0191%	4h	0.04779	−0.138%	$18.5M	$99.0M	25x	as long as short
Kraken Futures PF_MUBARAKUSD	+0.0227%	1h	0.04799	+0.265%	$60K	$452K	10x	as long as short
BingX MUBARAK-USDT	+0.0438%	4h	0.04780	−0.125%	—	$3.2M	—	as long as short
Bitget MUBARAKUSDT	+0.0466%	4h	0.04788	+0.042%	$3.1M	$8.0M	25x	as long as short
KuCoin MUBARAKUSDTMlong	+0.0470%	4h	0.04786	long leg	$1.8M	$1.2M	30x
Aster MUBARAKUSDT	+0.0511%	4h	0.04810	+0.496%	$14K	$503K	5x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate MUBARAK_USDT	+0.1310%	4h	0.04786	0.000%	$7.6M	$5.5M	50x	as long as short