Funding you earn now, next payment 08:00 UTC−0.0974%/8h= −106.6% APRnext payment −$4.87 per $10,000 · paid last 24h −0.067%
Price spread now: KuCoin against Bybit−0.089%7-day average +0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$3,529as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3,520as in the Price arb table
costs, in and out, $10k−$3,50435.045% of the position
Funding, last 7 days−0.248%−$25 on $10k
+Price spread, last 4 days (all we have)+0.283%+$28 · spread now −0.089%, 7d avg +0.062%
=Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and KuCoin is 0.151% cheaper against Bybit than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.062%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.248% in total (about -12.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.87 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARIAUSDT | 0.03378 | 0.1074 | pay 0.0537% / 4h | 2h 36m | $917K | $266K | 25x |
| Short | KuCoin ARIAUSDTM | 0.03375 | 0.0100 | get 0.0050% / 4h | 2h 36m | $340K | $50K | 10x |
Bybit ARIAUSDT
KuCoin ARIAUSDTMFunding 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
- −$204.47
- Price spread: −0.089% → +0.062%
- −$15.13
- Slippage, 4 orders
- −$3,481.47
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$3,724.07
- Costs to cover
- 35.045%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 9 min ago; KuCoin: live order book, 21 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, 9 min ago | 2.95 bp | 357.1 bp −$357 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 21 min ago | 14.69 bp | 1012.6 bp −$1,013 | doesn't fit | doesn't fit | doesn't fit |
ARIA on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ARIAUSDTMshort | +0.0100% | 4h | 0.03375 | −0.089% | $340K | $50K | 10x | |
| Variational Omni ARIA | +0.0512% | 4h | 0.03374 | −0.104% | $119 | — | — | as long as short |
| Aster ARIAUSDT | +0.0922% | 4h | 0.03376 | −0.046% | $87K | $8K | 5x | as long as short |
| Bybit ARIAUSDTlong | +0.1074% | 4h | 0.03378 | long leg | $917K | $266K | 25x | |
| MEXC ARIA_USDT | +0.1094% | 4h | 0.03385 | +0.207% | $130K | $95K | 20x | as long as short |
| Binance ARIAUSDT | +0.1099% | 4h | 0.03384 | +0.178% | $3.0M | $1.5M | 10x | as long as short |
| Gate ARIA_USDT | +0.1132% | 4h | 0.03377 | −0.030% | $203K | $60K | 10x | as long as short |
| BingX ARIA-USDT | +0.1174% | 4h | 0.03370 | −0.237% | — | $2.4M | — | as long as short |
| Bitget ARIAUSDT | +0.1206% | 4h | 0.03376 | −0.059% | $870K | $54K | 10x | as long as short |
Variational Omni ARIA
Aster ARIAUSDT
MEXC ARIA_USDT
Binance ARIAUSDT
Gate ARIA_USDT
BingX ARIA-USDT
Bitget ARIAUSDT