Funding you earn now, next payment 08:00 UTC−0.0134%/8h= −14.7% APRnext payment −$0.67 per $10,000 · paid last 24h −0.014%
Price spread now: Bybit against KuCoin−0.077%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1171.173% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now −0.077%, 7d avg −0.039%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.038% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.039%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin 0GUSDTM | 0.2338 | 0.0234 | pay 0.0117% / 4h | 3h 56m | $2.4M | $2.4M | 50x |
| Short | Bybit 0GUSDT | 0.2336 | 0.0100 | get 0.0050% / 4h | 3h 56m | $2.4M | $2.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$28.14
- Price spread: −0.077% → −0.039%
- −$3.78
- Slippage, 4 orders
- −$94.27
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$149.19
- Costs to cover
- 1.173%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 11 min ago; Bybit: live order book, 1 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, 11 min ago | 2.96 bp | 22.3 bp −$22 | 313.3 bp −$3,133 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 4.28 bp | 28.0 bp −$28 | 193.5 bp −$1,935 | doesn't fit | doesn't fit |
0G 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX 0G-USDT | −0.0800% | 4h | 0.2336 | −0.077% | — | $6.5M | — | as long as short |
| GMX 0G/USD [WBTC.b-USDC] | L −0.0235% / S +0.0198% | 1h | 0.2334 | −0.159% | $2K | — | 100x | as long as short |
| BloFin 0G-USDT | +0.0041% | 4h | 0.2344 | +0.265% | $330K | $9K | 50x | as long as short |
| Aster 0GUSDT | +0.0100% | 4h | 0.2337 | −0.047% | $17K | $42K | 5x | as long as short |
| Binance 0GUSDT | +0.0100% | 4h | 0.2336 | −0.058% | $6.9M | $8.7M | 50x | as long as short |
| Bybit 0GUSDTshort | +0.0100% | 4h | 0.2336 | −0.077% | $2.4M | $2.3M | 50x | |
| OKX 0G-USDT-SWAP | +0.0100% | 4h | 0.2335 | −0.120% | $869K | $2.4M | 20x | as long as short |
| Gate 0G_USDT | +0.0100% | 8h | 0.2335 | −0.120% | $602K | $149K | 50x | as long as short |
| MEXC 0G_USDT | +0.0100% | 4h | 0.2336 | −0.077% | $2.1M | $223K | 50x | as long as short |
| Bitget 0GUSDT | +0.0100% | 4h | 0.2337 | −0.034% | $2.0M | $809K | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack 0G_USDC_PERP | +0.0100% | 1h | 0.2341 | +0.137% | $32K | $54K | 5x | as long as short |
| Variational Omni 0G | +0.0100% | 4h | 0.2353 | +0.633% | $13K | $3K | — | as long as short |
| ApeX Omni 0GUSDT | +0.0100% | 1h | 0.2351 | +0.565% | $18K | $620K | 50x | as long as short |
| KuCoin 0GUSDTMlong | +0.0234% | 4h | 0.2338 | long leg | $2.4M | $2.4M | 50x | |
| Hyperliquid 0G | +0.0624% | 1h | 0.2338 | +0.021% | $2.5M | $495K | 3x | as long as short |
| Lighter 0G | +0.1392% | 1h | 0.2343 | +0.222% | $49K | $87K | 3x | as long as short |
KuCoin 0GUSDTM
Bybit 0GUSDT
BingX 0G-USDT
GMX 0G/USD [WBTC.b-USDC]
BloFin 0G-USDT
Aster 0GUSDT
Binance 0GUSDT
OKX 0G-USDT-SWAP
Gate 0G_USDT
MEXC 0G_USDT
Bitget 0GUSDT
Backpack 0G_USDC_PERP
Variational Omni 0G
ApeX Omni 0GUSDT
Hyperliquid 0G
Lighter 0G