Funding arb · Price arb /

ANKR

all ANKR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: KuCoin against Bybit+0.020%7-day average +0.086% · you sell dearer than you buy

Net, funding: paid 7d − costs−$568as in the Funding arb table

Net, price: spread back to 7d avg − costs−$581as in the Price arb table

costs, in and out, $10k−$5745.742% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.061%+$6 on $10k

Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.020%, 7d avg +0.086%

Together, before fees+0.005%$0 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.066% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.086%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ANKRUSDT	0.005050	0.0100	pay 0.0100% / 8h	7h 37m	$859K	$429K	25x
Short	KuCoin ANKRUSDTM	0.005051	0.0100	get 0.0050% / 4h	3h 37m	$370K	$109K	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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now +0.020%Rate

Funding earned: $0
Price spread: +0.020% → +0.086%: −$6.57
Slippage, 4 orders: −$551.19
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$580.76
Costs to cover: 5.742%
Break-even: never at this rate

Slippage from Bybit: live order book, 33 min ago; KuCoin: live order book, 14 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, 33 min ago	5.06 bp	128.1 bp −$128	1057.0 bp −$10.6K	doesn't fit	doesn't fit
Sell KuCoin live order book, 14 min ago	17.97 bp	198.0 bp −$198	doesn't fit	doesn't fit	doesn't fit

ANKR on 10 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
Kraken Futures PF_ANKRUSD	−0.1710%	1h	0.005051	+0.028%	$10K	$1K	10x	as long as short
BloFin ANKR-USDT	+0.0071%	4h	0.005012	−0.752%	$124K	$21K	50x	as long as short
Binance ANKRUSDT	+0.0100%	4h	0.005049	−0.017%	$1.9M	$2.3M	50x	as long as short
Bybit ANKRUSDTlong	+0.0100%	8h	0.005050	long leg	$859K	$429K	25x
Gate ANKR_USDT	+0.0100%	4h	0.005048	−0.040%	$65K	$64K	25x	as long as short
MEXC ANKR_USDT	+0.0100%	4h	0.005050	0.000%	$478K	$148K	20x	as long as short
KuCoin ANKRUSDTMshort	+0.0100%	4h	0.005051	+0.020%	$370K	$109K	30x
Bitget ANKRUSDT	+0.0100%	4h	0.005057	+0.139%	$551K	$296K	50x	as long as short
BingX ANKR-USDT	+0.0100%	4h	0.005049	−0.020%	—	$1.3M	—	as long as short
Variational Omni ANKR	+0.0100%	8h	0.005028	−0.441%	$2K	$1K	—	as long as short