Funding you earn now, next payment 08:00 UTC−0.0762%/8h= −83.4% APRnext payment −$3.81 per $10,000 · paid last 24h −0.022%
Price spread now: Bybit against KuCoin+0.118%7-day average −0.184% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,400as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,346as in the Price arb table
costs, in and out, $10k−$1,37613.762% of the position
Funding, last 7 days−0.238%−$24 on $10k
+Price spread, last 4 days (all we have)−0.260%−$26 · spread now +0.118%, 7d avg −0.184%
=The price spread pays, funding is against you. Bybit is 0.301% dearer against KuCoin than usual: you sell high and buy low (spread +0.118% now, against its 7-day average of −0.184%): +$30 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 7 days (−0.238% in total) that is about 8.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.238% in total (about -12.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.81 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AEONUSDTM | 0.05949 | 0.0862 | pay 0.0431% / 4h | 3h 58m | $1.0M | $1.6M | 20x |
| Short | Bybit AEONUSDT | 0.05956 | 0.0100 | get 0.0050% / 4h | 3h 58m | $498K | $183K | 25x |
KuCoin AEONUSDTM
Bybit AEONUSDTFunding 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
- −$160.02
- Price spread: +0.118% → −0.184%
- $30.12
- Slippage, 4 orders
- −$1,353.23
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,506.13
- Costs to cover
- 13.762%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; Bybit: live order book, 52 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, 8 min ago | 7.53 bp | 570.2 bp −$570 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 52 min ago | 15.04 bp | 114.6 bp −$115 | doesn't fit | doesn't fit | doesn't fit |
AEON on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AEONUSDT | +0.0100% | 1h | 0.05938 | −0.177% | $34K | $29K | 5x | as long as short |
| Bybit AEONUSDTshort | +0.0100% | 4h | 0.05956 | +0.118% | $498K | $183K | 25x | |
| Gate AEON_USDT | +0.0100% | 4h | 0.05965 | +0.269% | $577K | $249K | 20x | as long as short |
| Bitget AEONUSDT | +0.0100% | 4h | 0.05953 | +0.067% | $2.1M | $752K | 20x | as long as short |
| KuCoin AEONUSDTMlong | +0.0862% | 4h | 0.05949 | long leg | $1.0M | $1.6M | 20x | |
| OKX AEON-USDT-SWAP | +0.1150% | 4h | 0.05954 | +0.084% | $1.7M | $6.0M | 20x | as long as short |
Aster AEONUSDT
Gate AEON_USDT
Bitget AEONUSDT
OKX AEON-USDT-SWAP