Settings8H · net · $10k
Funding arb · Price arb /

APR

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.680%+$68 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APRUSDT0.14660.0100pay 0.0050% / 4h22m 53s$1.5M$643K20x
ShortKuCoin APRUSDTM0.14650.0752get 0.0376% / 4h22m 53s$2.3M$344K50x

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

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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 8 min ago10.23 bp195.7 bp −$1968511.5 bp −$85.1Kdoesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago12.61 bp408.8 bp −$409doesn't fitdoesn't fitdoesn't fit

APR on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin APR-USDT+0.0065%4h0.1469+0.205%$288K$112K50xas long as short
Binance APRUSDT+0.0100%4h0.1468+0.113%$6.7M$5.1M50xas long as short
Bybit APRUSDTlong+0.0100%4h0.1466long leg$1.5M$643K20x
MEXC APR_USDT+0.0100%4h0.1467+0.068%$367K$174K50xas long as short
Bitget APRUSDT+0.0100%4h0.1469+0.177%$3.9M$1.0M50xas long as short
SunX APR-USDT+0.0100%4h0.1465−0.061%$1K$1.2M20xas long as short
HTX APR-USDT+0.0100%4h0.1471+0.341%$19K$38K20xas long as short
OKX APR-USDT-SWAP+0.0237%4h0.1468+0.136%$1.3M$2.5M20xas long as short
BingX APR-USDT+0.0278%4h0.1468+0.136%$1.4Mas long as short
Aster APRUSDT+0.0600%4h0.1467+0.079%$71K$78K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APR_USDT+0.0686%4h0.1466−0.027%$695K$213K25xas long as short
KuCoin APRUSDTMshort+0.0752%4h0.1465−0.068%$2.3M$344K50x