Funding you earn now, next payment 04:00 UTC+0.0110%/8h= +12.1% APRnext payment +$0.55 per $10,000 · paid last 24h +0.017%
Price spread now: KuCoin against Bybit−0.040%7-day average +0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$400as in the Funding arb table
Net, price: spread back to 7d avg − costs−$422as in the Price arb table
costs, in and out, $10k−$4064.063% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.040%, 7d avg +0.120%
=Funding pays, the price is against you. KuCoin is 0.160% cheaper against Bybit than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of +0.120%). If the spread goes back, that is −$16 on $10k: about 4.8 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.064% in total) that is about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AEVOUSDT | 0.02495 | −0.0010 | get 0.0005% / 4h | 1h 35m | $716K | $201K | 25x |
| Short | KuCoin AEVOUSDTM | 0.02494 | 0.0100 | get 0.0050% / 4h | 1h 35m | $325K | $55K | 50x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $23.19
- Price spread: −0.040% → +0.120%
- −$16
- Slippage, 4 orders
- −$383.25
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$399.06
- Costs to cover
- 4.063%
- Break-even
- 127.5 days
Slippage from Bybit: live order book, 25 min ago; KuCoin: live order book, 61 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, 25 min ago | 6.02 bp | 76.9 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 61 min ago | 5.99 bp | 145.7 bp −$146 | 594.3 bp −$5,943 | doesn't fit | doesn't fit |
AEVO on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit AEVOUSDTlong | −0.0010% | 4h | 0.02495 | long leg | $716K | $201K | 25x | |
| Aevo AEVO-PERP | +0.0096% | 1h | 0.02496 | +0.032% | $55K | $22K | 3x | as long as short |
| Aster AEVOUSDT | +0.0100% | 4h | 0.02497 | +0.074% | $13K | $80 | 5x | as long as short |
| Binance AEVOUSDT | +0.0100% | 4h | 0.02499 | +0.160% | $1.8M | $1.7M | 50x | as long as short |
| OKX AEVO-USDT-SWAP | +0.0100% | 4h | 0.02500 | +0.200% | $290K | $430K | 10x | as long as short |
| Gate AEVO_USDT | +0.0100% | 4h | 0.02487 | −0.321% | $236K | $55K | 20x | as long as short |
| MEXC AEVO_USDC | +0.0100% | 4h | 0.02499 | +0.160% | $1.9M | $81K | 125x | as long as short |
| KuCoin AEVOUSDTMshort | +0.0100% | 4h | 0.02494 | −0.040% | $325K | $55K | 50x | |
| Bitget AEVOUSDT | +0.0100% | 4h | 0.02497 | +0.080% | $212K | $142K | 50x | as long as short |
| BingX AEVO-USDC | +0.0100% | 4h | 0.02497 | +0.080% | — | $721K | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AEVO | +0.0100% | 4h | 0.02490 | −0.200% | $2K | $14 | — | as long as short |
| BloFin AEVO-USDT | +0.0137% | 4h | 0.02492 | −0.120% | $98K | $4K | 20x | as long as short |
| Kraken Futures PF_AEVOUSD | +0.1506% | 1h | 0.02500 | +0.209% | $52K | $13K | 10x | as long as short |
Bybit AEVOUSDT
KuCoin AEVOUSDTM
Aster AEVOUSDT
Binance AEVOUSDT
OKX AEVO-USDT-SWAP
Gate AEVO_USDT
MEXC AEVO_USDC
Bitget AEVOUSDT
BingX AEVO-USDC
Variational Omni AEVO
BloFin AEVO-USDT
Kraken Futures PF_AEVOUSD