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

ASR

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0002%/8h= −0.2% APRnext payment $0.01 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit−0.012%7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,838as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,828as in the Price arb table
costs, in and out, $10k−$2,83628.360% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.012%, 7d avg −0.088%
Together, before fees−0.020%−$2 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 0.076% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.088%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ASRUSDT0.86610.0102pay 0.0051% / 4h1h 28m$141K$76K25x
ShortKuCoin ASRUSDTM0.86600.0100get 0.0050% / 4h1h 28m$189K$35K10x

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
−$0.36
Price spread: −0.012% → −0.088%
$7.62
Slippage, 4 orders
−$2,812.99
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$2,828.73
Costs to cover
28.360%
Break-even
never at this rate
Slippage from Bybit: live order book, 8 min ago; KuCoin: live order book, 73 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 ago4.03 bp608.9 bp −$609doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 73 min ago17.19 bp838.0 bp −$838doesn't fitdoesn't fitdoesn't fit

ASR on 8 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ASR_USDT+0.0100%4h0.8660−0.012%$29K$4K20xas long as short
KuCoin ASRUSDTMshort+0.0100%4h0.8660−0.012%$189K$35K10x
Bitget ASRUSDT+0.0100%4h0.8650−0.127%$195K$39K10xas long as short
Variational Omni ASR+0.0100%4h0.86610.000%$4K$5Kas long as short
Bybit ASRUSDTlong+0.0102%4h0.8661long leg$141K$76K25x
Binance ASRUSDT+0.0332%4h0.8655−0.073%$1.9M$738K10xas long as short
MEXC ASR_USDT+0.0336%4h0.8655−0.069%$633K$94K50xas long as short
BingX ASR-USDT+0.0354%4h0.8657−0.046%$1.3Mas long as short