Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%
Price spread now: KuCoin against Bybit+0.066%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$750as in the Funding arb table
Net, price: spread back to 7d avg − costs−$762as in the Price arb table
costs, in and out, $10k−$7607.599% of the position
Funding, last 7 days+0.095%+$10 on $10k
+Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.066%, 7d avg +0.085%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ALTUSDT | 0.007602 | 0.0100 | pay 0.0050% / 4h | 25m 30s | $1.2M | $1.8M | 25x |
| Short | KuCoin ALTUSDTM | 0.007607 | 0.0100 | get 0.0050% / 4h | 25m 30s | $151K | $21K | 30x |
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
- $0
- Price spread: +0.066% → +0.085%
- −$1.95
- Slippage, 4 orders
- −$736.89
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$761.85
- Costs to cover
- 7.599%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 49 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, 1 min ago | 5.92 bp | 23.3 bp −$23 | 128.4 bp −$1,284 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 49 min ago | 11.07 bp | 284.9 bp −$285 | doesn't fit | doesn't fit | doesn't fit |
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ALT | +0.0100% | 1h | 0.007600 | −0.026% | $1.1M | $200K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007606 | +0.049% | $2.6M | $3.8M | 50x | as long as short |
| Bybit ALTUSDTlong | +0.0100% | 4h | 0.007602 | long leg | $1.2M | $1.8M | 25x | |
| Gate ALT_USDT | +0.0100% | 8h | 0.007601 | −0.013% | $51K | $413K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007605 | +0.039% | $385K | $187K | 50x | as long as short |
| KuCoin ALTUSDTMshort | +0.0100% | 4h | 0.007607 | +0.066% | $151K | $21K | 30x | |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007593 | −0.118% | $597K | $112K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007603 | +0.013% | — | $1.3M | — | as long as short |
| Variational Omni ALT | +0.0100% | 4h | 0.007595 | −0.091% | $4K | $16K | — | as long as short |
| Deribit ALT_USDC-PERPETUAL | +0.0145% | 1h | 0.007604 | +0.026% | — | $0 | 25x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ALT-USDT | +0.0149% | 4h | 0.007601 | −0.013% | $172K | $10K | 50x | as long as short |
| Kraken Futures PF_ALTUSD | +0.0314% | 1h | 0.007606 | +0.047% | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0456% | 1h | 0.007621 | +0.250% | $14K | $3K | 50x | as long as short |
| Injective ALT/USDC PERP | +0.5000% | 1h | 0.007691 | +1.171% | $837 | $4K | 5.5x | as long as short |
Bybit ALTUSDT
KuCoin ALTUSDTM
Hyperliquid ALT
Binance ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
Bitget ALTUSDT
BingX ALT-USDT
Variational Omni ALT
Deribit ALT_USDC-PERPETUAL
BloFin ALT-USDT
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX
Injective ALT/USDC PERP