Funding you earn now, next payment 08:00 UTC+0.0518%/8h= +56.7% APRnext payment +$2.59 per $10,000 · paid last 24h +0.184%
Price spread now: KuCoin against OKX+0.042%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1351.346% of the position
Funding, last 7 days+0.181%+$18 on $10k
+Price spread, last 7 days−0.061%−$6 · spread now +0.042%, 7d avg +0.081%
=Funding pays, the price is against you. KuCoin is 0.039% cheaper against OKX than usual: you would sell low and buy high (spread +0.042% now, against its 7-day average of +0.081%). If the spread goes back, that is −$4 on $10k: about 6 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.181% in total) that is about 36 hours.
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 +$2.59 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 | OKX MUBARAK-USDT-SWAP | 0.05484 | 0.0100 | pay 0.0050% / 4h | 3h 06m | $3.9M | $80.0M | 20x |
| Short | KuCoin MUBARAKUSDTM | 0.05486 | 0.0618 | get 0.0309% / 4h | 3h 06m | $2.2M | $1.4M | 30x |
OKX MUBARAK-USDT-SWAP
KuCoin MUBARAKUSDTMFunding 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
- $108.78
- Price spread: +0.042% → +0.081%
- −$3.87
- Slippage, 4 orders
- −$112.55
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$29.64
- Costs to cover
- 1.346%
- Break-even
- 8.9 days
Slippage from OKX: live order book, 3 min ago; KuCoin: 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 OKX live order book, 3 min ago | 5.44 bp | 20.3 bp −$20 | 76.7 bp −$767 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 11.25 bp | 56.1 bp −$56 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX MUBARAK-USDT-SWAPlong | +0.0100% | 4h | 0.05484 | long leg | $3.9M | $80.0M | 20x | |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.05498 | +0.255% | $14K | $60K | — | as long as short |
| Kraken Futures PF_MUBARAKUSD | +0.0198% | 1h | 0.05496 | +0.228% | $61K | $512K | 10x | as long as short |
| MEXC MUBARAK_USDT | +0.0352% | 4h | 0.05500 | +0.297% | $1.3M | $1.7M | 50x | as long as short |
| Binance MUBARAKUSDT | +0.0364% | 4h | 0.05485 | +0.015% | $22.9M | $120.4M | 25x | as long as short |
| Bitget MUBARAKUSDT | +0.0524% | 4h | 0.05493 | +0.170% | $3.6M | $9.7M | 25x | as long as short |
| KuCoin MUBARAKUSDTMshort | +0.0618% | 4h | 0.05486 | +0.042% | $2.2M | $1.4M | 30x | |
| Aster MUBARAKUSDT | +0.0630% | 4h | 0.05495 | +0.198% | $17K | $573K | 5x | as long as short |
| Bybit MUBARAKUSDT | +0.1392% | 4h | 0.05486 | +0.038% | $5.2M | $15.1M | 25x | as long as short |
| BingX MUBARAK-USDT | +0.1408% | 4h | 0.05509 | +0.461% | — | $3.4M | — | as long as short |
Variational Omni MUBARAK
Kraken Futures PF_MUBARAKUSD
MEXC MUBARAK_USDT
Binance MUBARAKUSDT
Bitget MUBARAKUSDT
Aster MUBARAKUSDT
Bybit MUBARAKUSDT
BingX MUBARAK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.2964% | 4h | 0.05525 | +0.753% | $9.6M | $6.9M | 50x | as long as short |
Gate MUBARAK_USDT