Funding you earn now, next payment 08:00 UTC+0.0652%/8h= +71.4% APRnext payment +$3.26 per $10,000 · paid last 24h +0.210%
Price spread now: KuCoin against Bybit−0.068%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,192as in the Price arb table
costs, in and out, $10k−$1,19211.917% of the position
Funding, last 7 days+0.664%+$66 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now −0.068%, 7d avg −0.068%
=The price spread sits at its 7-day average of −0.068%, so right now this pair is about funding alone: +$20 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit APRUSDT | 0.1466 | 0.0100 | pay 0.0050% / 4h | 22m 53s | $1.5M | $643K | 20x |
| Short | KuCoin APRUSDTM | 0.1465 | 0.0752 | get 0.0376% / 4h | 22m 53s | $2.3M | $344K | 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
- $136.92
- Price spread: −0.068% → −0.068%
- −$0.01
- Slippage, 4 orders
- −$1,168.7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,054.79
- Costs to cover
- 11.917%
- Break-even
- 60.9 days
Slippage from Bybit: live order book, 8 min ago; KuCoin: live order book, 4 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, 8 min ago | 10.23 bp | 195.7 bp −$196 | 8511.5 bp −$85.1K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 12.61 bp | 408.8 bp −$409 | doesn't fit | doesn't fit | doesn't fit |
APR on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin APR-USDT | +0.0065% | 4h | 0.1469 | +0.205% | $288K | $112K | 50x | as long as short |
| Binance APRUSDT | +0.0100% | 4h | 0.1468 | +0.113% | $6.7M | $5.1M | 50x | as long as short |
| Bybit APRUSDTlong | +0.0100% | 4h | 0.1466 | long leg | $1.5M | $643K | 20x | |
| MEXC APR_USDT | +0.0100% | 4h | 0.1467 | +0.068% | $367K | $174K | 50x | as long as short |
| Bitget APRUSDT | +0.0100% | 4h | 0.1469 | +0.177% | $3.9M | $1.0M | 50x | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1465 | −0.061% | $1K | $1.2M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1471 | +0.341% | $19K | $38K | 20x | as long as short |
| OKX APR-USDT-SWAP | +0.0237% | 4h | 0.1468 | +0.136% | $1.3M | $2.5M | 20x | as long as short |
| BingX APR-USDT | +0.0278% | 4h | 0.1468 | +0.136% | — | $1.4M | — | as long as short |
| Aster APRUSDT | +0.0600% | 4h | 0.1467 | +0.079% | $71K | $78K | 5x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APR_USDT | +0.0686% | 4h | 0.1466 | −0.027% | $695K | $213K | 25x | as long as short |
| KuCoin APRUSDTMshort | +0.0752% | 4h | 0.1465 | −0.068% | $2.3M | $344K | 50x |
Bybit APRUSDT
KuCoin APRUSDTM
BloFin APR-USDT
Binance APRUSDT
MEXC APR_USDT
Bitget APRUSDT
SunX APR-USDT
HTX APR-USDT
OKX APR-USDT-SWAP
BingX APR-USDT
Aster APRUSDT
Gate APR_USDT