Funding arb · Price arb /

SPACE

all SPACE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.135%

Price spread now: KuCoin against OKX0.000%7-day average +0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$664as in the Funding arb table

Net, price: spread back to 7d avg − costs−$687as in the Price arb table

costs, in and out, $10k−$6816.806% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.163%+$16 on $10k

Price spread, last 4 days (all we have)+0.072%+$7 · spread now 0.000%, 7d avg +0.065%

Together, before fees+0.235%+$23 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.065% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.065%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SPACE-USDT-SWAP	0.004998	0.0100	pay 0.0050% / 4h	1h 48m	$1.5M	$1.1M	20x
Short	KuCoin SPACEUSDTM	0.004998	0.0100	get 0.0050% / 4h	1h 48m	$632K	$102K	20x

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 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 OKXbpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.065%: −$6.46
Slippage, 4 orders: −$658.6
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$687.06
Costs to cover: 6.806%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 25 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	2.00 bp	38.1 bp −$38	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 25 min ago	24.06 bp	357.6 bp −$358	doesn't fit	doesn't fit	doesn't fit

SPACE on 9 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 SPACE-USDT	+0.0076%	4h	0.005001	+0.060%	$156K	$8K	50x	as long as short
Binance SPACEUSDT	+0.0100%	4h	0.005004	+0.120%	$1.8M	$1.9M	50x	as long as short
Bybit SPACEUSDT	+0.0100%	4h	0.004999	+0.020%	$767K	$161K	13x	as long as short
OKX SPACE-USDT-SWAPlong	+0.0100%	4h	0.004998	long leg	$1.5M	$1.1M	20x
MEXC SPACE_USDT	+0.0100%	4h	0.005006	+0.160%	$362K	$156K	20x	as long as short
KuCoin SPACEUSDTMshort	+0.0100%	4h	0.004998	0.000%	$632K	$102K	20x
Bitget SPACEUSDT	+0.0100%	4h	0.005004	+0.120%	$875K	$238K	20x	as long as short
Gate SPACE_USDT	+0.0222%	4h	0.004997	−0.020%	$752K	$427K	20x	as long as short
Aster SPACEUSDT	+0.0727%	4h	0.005003	+0.097%	$15K	$30K	5x	as long as short