Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.024%
Price spread now: KuCoin against OKX−0.225%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$362as in the Funding arb table
Net, price: spread back to 7d avg − costs−$365as in the Price arb table
costs, in and out, $10k−$3483.483% of the position
Funding, last 7 days−0.135%−$14 on $10k
+Price spread, last 4 days (all we have)+0.170%+$17 · spread now −0.225%, 7d avg −0.054%
=Funding pays, the price is against you. KuCoin is 0.171% cheaper against OKX than usual: you would sell low and buy high (spread −0.225% now, against its 7-day average of −0.054%). If the spread goes back, that is −$17 on $10k: about 5.7 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.135%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AMAT-USDT-SWAP | 471.23 | 0 | get 0.0000% / 8h | 4h 34m | $1.4M | $1.6M | 20x |
| Short | KuCoin AMATUSDTM | 470.17 | 0.0100 | get 0.0100% / 8h | 4h 34m | $413K | $509K | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: −0.225% → −0.054%
- −$17.08
- Slippage, 4 orders
- −$326.33
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$344.41
- Costs to cover
- 3.483%
- Break-even
- 121.8 days
Slippage from OKX: live order book, 2 min ago; KuCoin: live order book, 48 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, 2 min ago | 2.76 bp | 17.5 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 48 min ago | 7.56 bp | 150.0 bp −$150 | doesn't fit | doesn't fit | doesn't fit |
AMAT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AMATUSDT | 0.0000% | 8h | 470.46 | −0.164% | $10K | $11K | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 470.60 | −0.134% | $899K | $656K | 25x | as long as short |
| OKX AMAT-USDT-SWAPlong | 0.0000% | 8h | 471.23 | long leg | $1.4M | $1.6M | 20x | |
| Bitget AMATUSDT | 0.0000% | 8h | 470.65 | −0.123% | $2.1M | $1.7M | 20x | as long as short |
| Variational Omni AMAT | 0.0000% | 8h | 470.49 | −0.158% | $66K | $44K | — | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 470.64 | −0.125% | $852 | $101K | 10x | as long as short |
| BloFin AMAT-USDT | +0.0020% | 8h | 470.56 | −0.142% | $110K | $94K | 20x | as long as short |
| Binance AMATUSDT | +0.0039% | 8h | 470.50 | −0.154% | $8.9M | $12.6M | 20x | as long as short |
| Extended AMAT-USD | +0.0040% | 1h | 470.42 | −0.171% | $5K | $27K | 10x | as long as short |
| Vest AMAT-USD-PERP | +0.0046% | 1h | 470.48 | −0.159% | — | — | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:AMAT | +0.0050% | 1h | 470.40 | −0.176% | $2.6M | $2.2M | 10x | as long as short |
| KuCoin AMATUSDTMshort | +0.0100% | 8h | 470.17 | −0.225% | $413K | $509K | 20x | |
| SunX AMAT-USDT | +0.0100% | 8h | 470.40 | −0.176% | $908 | $363K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 471.54 | +0.066% | $171K | $39K | 20x | as long as short |
| Phoenix AMAT | +0.0221% | 1h | 470.69 | −0.115% | $19K | $110K | 10x | as long as short |
| Gate AMAT_USDT | +0.0420% | 8h | 470.40 | −0.176% | $1.7M | $6.3M | 50x | as long as short |
OKX AMAT-USDT-SWAP
KuCoin AMATUSDTM
Aster AMATUSDT
Bybit AMATUSDT
Bitget AMATUSDT
Variational Omni AMAT
GRVT AMAT_USDT_Perp
BloFin AMAT-USDT
Binance AMATUSDT
Extended AMAT-USD
tradeXYZ xyz:AMAT
SunX AMAT-USDT
HTX AMAT-USDT
Phoenix AMAT
Gate AMAT_USDT