Funding you earn now, next payment 08:00 UTC−0.0290%/8h= −31.8% APRnext payment −$2.90 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against OKX−0.047%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$262as in the Funding arb table
Net, price: spread back to 7d avg − costs−$270as in the Price arb table
costs, in and out, $10k−$2742.744% of the position
Funding, last 7 days+0.127%+$13 on $10k
+Price spread, last 4 days (all we have)+0.270%+$27 · spread now −0.047%, 7d avg −0.092%
=The price spread pays, funding is against you. KuCoin is 0.045% dearer against OKX than usual: you sell high and buy low (spread −0.047% now, against its 7-day average of −0.092%): +$5 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 12 hours. Mind the row above: over the last 7 days funding on this pair paid +0.127%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.127% in total (about 6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.90 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 COHR-USDT-SWAP | 320.85 | 0 | get 0.0000% / 8h | 3h 37m | $1.0M | $2.1M | 25x |
| Short | KuCoin COHRUSDTM | 320.70 | −0.0290 | pay 0.0290% / 8h | 3h 37m | $355K | $320K | 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
- −$60.9
- Price spread: −0.047% → −0.092%
- $4.53
- Slippage, 4 orders
- −$252.44
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$330.81
- Costs to cover
- 2.744%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 34 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 | 1.09 bp | 10.7 bp −$11 | 41.7 bp −$417 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 34 min ago | 4.63 bp | 54.8 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
COHR on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin COHRUSDTMshort | −0.0290% | 8h | 320.70 | −0.047% | $355K | $320K | 20x | |
| BloFin COHR-USDT | −0.0014% | 8h | 321.03 | +0.056% | $45K | $111K | 20x | as long as short |
| Aster COHRUSDT | 0.0000% | 8h | 320.78 | −0.022% | $39K | $36K | 20x | as long as short |
| Extended COHR-USD | 0.0000% | 1h | 320.73 | −0.039% | $33K | $188K | 10x | as long as short |
| Binance COHRUSDT | 0.0000% | 8h | 320.77 | −0.025% | $7.4M | $9.3M | 25x | as long as short |
| Bybit COHRUSDT | 0.0000% | 8h | 320.72 | −0.041% | $1.1M | $345K | 25x | as long as short |
| OKX COHR-USDT-SWAPlong | 0.0000% | 8h | 320.85 | long leg | $1.0M | $2.1M | 25x | |
| Gate COHR_USDT | 0.0000% | 8h | 320.73 | −0.037% | $620K | $1.1M | 25x | as long as short |
| Bitget COHRUSDT | 0.0000% | 8h | 320.69 | −0.050% | $1.8M | $1.3M | 20x | as long as short |
| GRVT COHR_USDT_Perp | 0.0000% | 8h | 321.69 | +0.262% | $1K | $175K | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX COHR-USDT | 0.0000% | 8h | 320.83 | −0.006% | — | $2.4M | 10x | as long as short |
| HTX COHR-USDT | 0.0000% | 8h | 321.60 | +0.234% | $4K | $41K | 10x | as long as short |
| QFEX COHR-USD | +0.0029% | 1h | 320.82 | −0.009% | $1.2M | $3.1M | 10x | as long as short |
| Paragon para:COHR | +0.0060% | 1h | 320.76 | −0.027% | $473K | $163K | 10x | as long as short |
| Aevo COHR-PERP | +0.0104% | 1h | 320.72 | −0.042% | — | — | 10x | as long as short |
OKX COHR-USDT-SWAP
KuCoin COHRUSDTM
BloFin COHR-USDT
Aster COHRUSDT
Extended COHR-USD
Binance COHRUSDT
Bybit COHRUSDT
Gate COHR_USDT
Bitget COHRUSDT
GRVT COHR_USDT_Perp
SunX COHR-USDT
HTX COHR-USDT
Paragon para:COHR