Settings8H · net · $10k
Funding arb · Price arb /

A

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit−0.011%7-day average +0.206% · you buy dearer than you sell
Net, funding: paid 7d − costs−$678as in the Funding arb table
Net, price: spread back to 7d avg − costs−$700as in the Price arb table
costs, in and out, $10k−$6786.781% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.237%+$24 · spread now −0.011%, 7d avg +0.206%
Together, before fees+0.237%+$24 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.217% cheaper against Bybit than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.206%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AUSDT0.093230.0100pay 0.0050% / 4h54m 05s$3.2M$1.0M50x
ShortKuCoin AUSDTM0.093220.0100get 0.0050% / 4h54m 05s$688K$151K75x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.011% → +0.206%
−$21.65
Slippage, 4 orders
−$655.12
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$699.77
Costs to cover
6.781%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago6.45 bp43.3 bp −$43365.4 bp −$3,654doesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago10.27 bp280.9 bp −$281doesn't fitdoesn't fitdoesn't fit

A on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective A/USDC PERP+0.0033%1h0.08945−4.054%$1K$55.5xas long as short
Binance AUSDT+0.0100%4h0.09319−0.044%$2.9M$3.5M75xas long as short
Bybit AUSDTlong+0.0100%4h0.09323long leg$3.2M$1.0M50x
OKX A-USDT-SWAP+0.0100%4h0.093230.000%$727K$599K10xas long as short
Gate A_USDT+0.0100%4h0.09322−0.011%$221K$68K50xas long as short
MEXC A_USDT+0.0100%4h0.093230.000%$4.0M$144K100xas long as short
KuCoin AUSDTMshort+0.0100%4h0.09322−0.011%$688K$151K75x
Bitget AUSDT+0.0100%4h0.09324+0.011%$922K$310K75xas long as short
BingX A-USDT+0.0100%4h0.09317−0.064%$6.5Mas long as short
Variational Omni A+0.0100%4h0.09304−0.202%$1K$1as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin A-USDT+0.0113%4h0.09331+0.086%$149K$8K75xas long as short