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: Bybit against KuCoin−0.280%7-day average −0.205% · you buy dearer than you sell
Net, funding: paid 7d − costs−$666as in the Funding arb table
Net, price: spread back to 7d avg − costs−$674as in the Price arb table
costs, in and out, $10k−$6666.663% 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)+0.094%+$9 · spread now −0.280%, 7d avg −0.205%
Together, before fees+0.094%+$9 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: Bybit is 0.076% cheaper against KuCoin than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.205%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AUSDTM0.092790.0100pay 0.0050% / 4h6m 27s$685K$50K75x
ShortBybit AUSDT0.092530.0100get 0.0050% / 4h6m 27s$3.2M$990K50x

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 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: −0.280% → −0.205%
−$7.56
Slippage, 4 orders
−$643.35
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$673.91
Costs to cover
6.663%
Break-even
never at this rate
Slippage from KuCoin: live order book, 57 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 57 min ago10.27 bp312.7 bp −$313doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago5.95 bp30.0 bp −$30353.1 bp −$3,531doesn'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%1h0.08945−3.600%$1K$55.5xas long as short
BloFin A-USDT+0.0098%4h0.09265−0.151%$148K$8K75xas long as short
Binance AUSDT+0.0100%4h0.09259−0.218%$2.9M$3.2M75xas long as short
Bybit AUSDTshort+0.0100%4h0.09253−0.280%$3.2M$990K50x
OKX A-USDT-SWAP+0.0100%4h0.09263−0.172%$721K$537K10xas long as short
Gate A_USDT+0.0100%4h0.09268−0.119%$219K$68K50xas long as short
MEXC A_USDT+0.0100%4h0.09261−0.194%$4.0M$146K100xas long as short
KuCoin AUSDTMlong+0.0100%4h0.09279long leg$685K$50K75x
Bitget AUSDT+0.0100%4h0.09267−0.129%$911K$270K75xas long as short
BingX A-USDT+0.0100%4h0.09260−0.205%$6.5Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni A+0.0100%4h0.09252−0.295%$1K$1as long as short