Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.023%
Price spread now: SoDEX against KuCoin−0.020%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SoDEX is 0.020% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin COINUSDTM | 197.72 | 0.0100 | pay 0.0100% / 8h | 6h 13m | $996K | $144K | 20x |
| Short | SoDEX COIN-USD | 197.68 | 0.0050 | get 0.0006% / 1h | 13m 25s | $95 | $3K | 10x |
KuCoin COINUSDTM
SoDEX COIN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$10.5
- Price spread: −0.020% → 0.000%
- −$2.02
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$32.52
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 26 min ago; SoDEX: no order-book sample. Net counts fees only.
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, 26 min ago | 17.21 bp | 81.6 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
COIN on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0589% | 8h | 197.84 | +0.061% | $6.4M | $10.1M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.87 | +0.076% | $44K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0063% | 8h | 197.70 | −0.010% | $1.2M | $7.0M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0054% | 1h | 197.34 | −0.192% | — | $290K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.98 | +0.130% | $366K | $856K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.80 | +0.041% | $117K | $693K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.70 | −0.010% | $14.8M | $77.9M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.65 | −0.035% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.69 | −0.015% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.68 | −0.021% | $819K | $921K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.71 | −0.007% | $20K | $2.1M | 10x | as long as short |
| QFEX COIN-USD | +0.0028% | 1h | 197.81 | +0.046% | $1.3M | $3.6M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.80 | +0.042% | $379K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.82 | +0.051% | $437K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.85 | +0.066% | $16K | $53K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.64 | −0.040% | $15.8M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.62 | −0.051% | $125K | $1.2M | 10x | as long as short |
| SoDEX COIN-USDshort | +0.0050% | 1h | 197.68 | −0.020% | $95 | $3K | 10x | |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.75 | +0.015% | $351K | $3.0M | 10x | as long as short |
| KuCoin COINUSDTMlong | +0.0100% | 8h | 197.72 | long leg | $996K | $144K | 20x | |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.68 | −0.020% | $89K | $286K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.65 | −0.035% | $572 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.64 | −0.040% | $117 | — | 10x | as long as short |
| Phoenix COIN | +0.0160% | 1h | 197.69 | −0.015% | $5K | $251K | 10x | as long as short |
| edgeX COINUSDC | +0.0904% | 4h | 197.66 | −0.030% | $51K | $296K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
Ondo Perps COIN-USD.P
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
edgeX COINUSDC