Funding you earn now, next payment 04:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.64 per $10,000 · paid last 24h +0.090%
Price spread now: KuCoin against Bybit+0.092%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$647as in the Funding arb table
Net, price: spread back to 7d avg − costs−$691as in the Price arb table
costs, in and out, $10k−$6966.959% of the position
Funding, last 7 days+0.487%+$49 on $10k
+Price spread, last 7 days−0.093%−$9 · spread now +0.092%, 7d avg +0.042%
=The price spread pays, funding is against you. KuCoin is 0.050% dearer against Bybit than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of +0.042%): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 31 hours. Mind the row above: over the last 7 days funding on this pair paid +0.487%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 4USDT | 0.02169 | 0.0764 | pay 0.0382% / 4h | 3h 11m | $2.9M | $1.7M | 5x |
| Short | KuCoin 4USDTM | 0.02171 | 0.0636 | get 0.0318% / 4h | 3h 11m | $943K | $12.7M | 20x |
Bybit 4USDT
KuCoin 4USDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- −$26.84
- Price spread: +0.092% → +0.042%
- $5.02
- Slippage, 4 orders
- −$672.86
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$717.67
- Costs to cover
- 6.959%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 2 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 Bybit live order book, 1 min ago | 4.60 bp | 172.3 bp −$172 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 6.89 bp | 51.3 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
4 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 4 | +0.0100% | 4h | 0.02169 | +0.020% | $50K | $8K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02171 | +0.092% | $2K | $1.1M | 20x | as long as short |
| Aster 4USDT | +0.0604% | 4h | 0.02173 | +0.180% | $248K | $90K | 5x | as long as short |
| KuCoin 4USDTMshort | +0.0636% | 4h | 0.02171 | +0.092% | $943K | $12.7M | 20x | |
| Binance 4USDT | +0.0725% | 4h | 0.02171 | +0.110% | $8.4M | $11.2M | 20x | as long as short |
| MEXC 4_USDT | +0.0728% | 4h | 0.02170 | +0.046% | $1.9M | $853K | 100x | as long as short |
| Bybit 4USDTlong | +0.0764% | 4h | 0.02169 | long leg | $2.9M | $1.7M | 5x | |
| BingX 4-USDT | +0.0770% | 4h | 0.02169 | −0.009% | — | $1.4M | — | as long as short |
| Gate 4_USDT | +0.1392% | 4h | 0.02174 | +0.221% | $595K | $245K | 20x | as long as short |
Variational Omni 4
SunX 4-USDT
Aster 4USDT
Binance 4USDT
MEXC 4_USDT
BingX 4-USDT
Gate 4_USDT