Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%
Price spread now: KuCoin against Bybit+0.110%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1631.633% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now +0.110%, 7d avg +0.082%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.028% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.082%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ALGOUSDT | 0.1091 | 0.0100 | pay 0.0100% / 8h | 2h 34m | $10.9M | $12.6M | 75x |
| Short | KuCoin ALGOUSDTM | 0.1093 | 0.0100 | get 0.0100% / 8h | 2h 34m | $3.4M | $1.5M | 50x |
Bybit ALGOUSDT
KuCoin ALGOUSDTMFunding 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
- $0
- Price spread: +0.110% → +0.082%
- $2.78
- Slippage, 4 orders
- −$140.34
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$160.56
- Costs to cover
- 1.633%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 9 min ago; KuCoin: live order book, 8 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, 9 min ago | 0.46 bp | 14.8 bp −$15 | 39.5 bp −$395 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 7.75 bp | 62.5 bp −$63 | 204.5 bp −$2,045 | doesn't fit | doesn't fit |
ALGO on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUAL | −0.0391% | 1h | 0.1092 | +0.009% | $86K | $44K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1093 | +0.114% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +2.611% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1094 | +0.229% | $3.6M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1094 | +0.187% | $43K | $37K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1092 | +0.064% | $9.4M | $34.8M | 75x | as long as short |
| Bybit ALGOUSDTlong | +0.0100% | 8h | 0.1091 | long leg | $10.9M | $12.6M | 75x | |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1092 | +0.027% | $2.7M | $7.7M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1093 | +0.174% | $836K | $925K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1093 | +0.101% | $22.8M | $3.2M | 200x | as long as short |
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALGOUSDTMshort | +0.0100% | 8h | 0.1093 | +0.110% | $3.4M | $1.5M | 50x | |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1092 | +0.046% | $5.4M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1093 | +0.156% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1094 | +0.246% | $60K | $12K | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1098 | +0.623% | $59K | $135K | 75x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1093 | +0.148% | $4K | $195K | 10x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0113% | 1h | 0.1099 | +0.660% | $827K | $1.1M | 50x | as long as short |
| Phemex ALGOUSDT | +0.0136% | 8h | 0.1100 | +0.779% | $3.7M | $1.8M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0144% | 1h | 0.1106 | +1.328% | $63K | $287K | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1098 | +0.550% | $475K | $870K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0317% / S −0.0264% | 1h | 0.1092 | +0.021% | $6K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.2160% | 1h | 0.1095 | +0.306% | $158K | $5K | 5x | as long as short |
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
HTX ALGO-USDT
Extended ALGO-USD
Kraken Futures PF_ALGOUSD
Phemex ALGOUSDT
Coinbase International ALGO-PERP-INTX
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD