Funding you earn now, next payment 12:00 UTC−0.0390%/8h= −42.7% APRnext payment −$1.95 per $10,000 · paid last 24h −0.141%
Price spread now: Bybit against KuCoin0.000%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,078as in the Price arb table
costs, in and out, $10k−$2,08220.819% of the position
Funding, last 7 days−0.390%−$39 on $10k
+Price spread, last 4 days (all we have)−0.089%−$9 · spread now 0.000%, 7d avg −0.039%
=The price spread pays, funding is against you. Bybit is 0.039% dearer against KuCoin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.039%): +$4 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.390% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ALPINEUSDTM | 0.3543 | 0.0490 | pay 0.0245% / 4h | 3h 39m | $229K | $676K | 10x |
| Short | Bybit ALPINEUSDT | 0.3543 | 0.0100 | get 0.0050% / 4h | 3h 39m | $156K | $15K | 25x |
KuCoin ALPINEUSDTM
Bybit ALPINEUSDTFunding 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
- −$81.9
- Price spread: 0.000% → −0.039%
- $3.87
- Slippage, 4 orders
- −$2,058.89
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$2,159.92
- Costs to cover
- 20.819%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 55 min ago; Bybit: live order book, 40 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, 55 min ago | 5.63 bp | 914.0 bp −$914 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 40 min ago | 8.46 bp | 241.9 bp −$242 | doesn't fit | doesn't fit | doesn't fit |
ALPINE on 7 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 ALPINEUSDTshort | +0.0100% | 4h | 0.3543 | 0.000% | $156K | $15K | 25x | |
| Gate ALPINE_USDT | +0.0100% | 8h | 0.3546 | +0.085% | $69K | $14K | 25x | as long as short |
| Variational Omni ALPINE | +0.0100% | 4h | 0.3546 | +0.082% | $5K | $1 | — | as long as short |
| Binance ALPINEUSDT | +0.0385% | 4h | 0.3542 | −0.025% | $1.6M | $692K | 10x | as long as short |
| MEXC ALPINE_USDT | +0.0394% | 4h | 0.3542 | −0.028% | $174K | $96K | 50x | as long as short |
| BingX ALPINE-USDT | +0.0402% | 4h | 0.3543 | 0.000% | — | $1.3M | — | as long as short |
| KuCoin ALPINEUSDTMlong | +0.0490% | 4h | 0.3543 | long leg | $229K | $676K | 10x |
Gate ALPINE_USDT
Variational Omni ALPINE
Binance ALPINEUSDT
MEXC ALPINE_USDT
BingX ALPINE-USDT