Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: OKX against KuCoin−0.062%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$458as in the Funding arb table
Net, price: spread back to 7d avg − costs−$447as in the Price arb table
costs, in and out, $10k−$4414.412% of the position
Funding, last 7 days−0.166%−$17 on $10k
+Price spread, last 4 days (all we have)−0.611%−$61 · spread now −0.062%, 7d avg 0.000%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.062% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AXTIUSDTM | 81.250 | 0.0100 | pay 0.0100% / 8h | 5h 25m | $637K | $385K | 20x |
| Short | OKX AXTI-USDT-SWAP | 81.200 | 0 | get 0.0000% / 8h | 5h 25m | $2.8M | $9.8M | 20x |
KuCoin AXTIUSDTM
OKX AXTI-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
- −$21
- Price spread: −0.062% → 0.000%
- −$6.19
- Slippage, 4 orders
- −$419.21
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$468.39
- Costs to cover
- 4.412%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 73 min ago; OKX: live order book, 3 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, 73 min ago | 16.12 bp | 216.9 bp −$217 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.85 bp | 10.2 bp −$10 | 34.2 bp −$342 | doesn't fit | doesn't fit |
AXTI on 14 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 AXTIUSDT | 0.0000% | 8h | 81.251 | +0.002% | $8K | $124K | 20x | as long as short |
| Bybit AXTIUSDT | 0.0000% | 8h | 81.220 | −0.037% | $1.9M | $1.3M | 25x | as long as short |
| OKX AXTI-USDT-SWAPshort | 0.0000% | 8h | 81.200 | −0.062% | $2.8M | $9.8M | 20x | |
| Gate AXTI_USDT | 0.0000% | 8h | 81.250 | 0.000% | $2.2M | $5.0M | 50x | as long as short |
| Bitget AXTIUSDT | 0.0000% | 8h | 81.230 | −0.025% | $1.7M | $3.2M | 20x | as long as short |
| GRVT AXTI_USDT_Perp | 0.0000% | 8h | 81.280 | +0.037% | $467 | $172K | 10x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 81.420 | +0.209% | $870 | $1.0M | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 81.240 | −0.012% | $20K | $40K | 20x | as long as short |
| Binance AXTIUSDT | +0.0006% | 8h | 81.240 | −0.012% | $9.0M | $32.9M | 20x | as long as short |
| Extended AXTI-USD | +0.0008% | 1h | 81.248 | −0.002% | $7K | $208K | 10x | as long as short |
Aster AXTIUSDT
Bybit AXTIUSDT
Gate AXTI_USDT
Bitget AXTIUSDT
GRVT AXTI_USDT_Perp
SunX AXTI-USDT
HTX AXTI-USDT
Binance AXTIUSDT
Extended AXTI-USDShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AXTI-USD | +0.0024% | 1h | 81.310 | +0.074% | $1.1M | $2.5M | 10x | as long as short |
| Lighter AXTI | +0.0032% | 1h | 81.170 | −0.098% | — | — | 10x | as long as short |
| KuCoin AXTIUSDTMlong | +0.0100% | 8h | 81.250 | long leg | $637K | $385K | 20x | |
| Aevo AXTI-PERP | +0.0104% | 1h | 81.271 | +0.026% | — | — | 10x | as long as short |
QFEX AXTI-USD
Lighter AXTI
Aevo AXTI-PERP