Funding you earn now, next payment 04:00 UTC−0.0581%/8h= −63.6% APRnext payment −$2.90 per $10,000 · paid last 24h −0.091%
Price spread now: Bybit against KuCoin−0.079%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$946as in the Funding arb table
Net, price: spread back to 7d avg − costs−$901as in the Price arb table
costs, in and out, $10k−$8978.972% of the position
Funding, last 7 days−0.488%−$49 on $10k
+Price spread, last 7 days+0.082%+$8 · spread now −0.079%, 7d avg −0.043%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Bybit is 0.036% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.043%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin 4USDTM | 0.02023 | 0.0882 | pay 0.0441% / 4h | 28m 08s | $865K | $12.5M | 20x |
| Short | Bybit 4USDT | 0.02021 | 0.0301 | get 0.0151% / 4h | 28m 08s | $2.6M | $2.0M | 5x |
KuCoin 4USDTM
Bybit 4USDTFunding 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
- −$121.96
- Price spread: −0.079% → −0.043%
- −$3.61
- Slippage, 4 orders
- −$874.2
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,022.77
- Costs to cover
- 8.972%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bybit: live order book, 4 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, 5 min ago | 2.48 bp | 423.7 bp −$424 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.21 bp | 245.8 bp −$246 | 668.5 bp −$6,685 | 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 | 0.02014 | −0.440% | $45K | $8K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02025 | +0.099% | $2K | $1.3M | 20x | as long as short |
| BingX 4-USDT | +0.0252% | 4h | 0.02022 | −0.049% | — | $1.4M | — | as long as short |
| Bybit 4USDTshort | +0.0301% | 4h | 0.02021 | −0.079% | $2.6M | $2.0M | 5x | |
| MEXC 4_USDT | +0.0304% | 4h | 0.02023 | 0.000% | $1.5M | $911K | 100x | as long as short |
| Binance 4USDT | +0.0314% | 4h | 0.02025 | +0.089% | $7.9M | $13.0M | 20x | as long as short |
| Aster 4USDT | +0.0384% | 4h | 0.02024 | +0.035% | $241K | $111K | 5x | as long as short |
| Gate 4_USDT | +0.0482% | 4h | 0.02028 | +0.262% | $543K | $291K | 20x | as long as short |
| KuCoin 4USDTMlong | +0.0882% | 4h | 0.02023 | long leg | $865K | $12.5M | 20x |
Variational Omni 4
SunX 4-USDT
BingX 4-USDT
MEXC 4_USDT
Binance 4USDT
Aster 4USDT
Gate 4_USDT