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

ASR

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin−0.104%7-day average +0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,710as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,731as in the Price arb table
costs, in and out, $10k−$2,71227.121% 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)+0.119%+$12 · spread now −0.104%, 7d avg +0.088%
Together, before fees+0.136%+$14 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: Bybit is 0.192% cheaper against KuCoin than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.088%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ASRUSDTM0.86700.0100pay 0.0050% / 4h51m 53s$189K$35K10x
ShortBybit ASRUSDT0.86610.0100get 0.0050% / 4h51m 53s$141K$72K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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
Price spread: −0.104% → +0.088%
−$19.16
Slippage, 4 orders
−$2,689.1
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$2,731.26
Costs to cover
27.121%
Break-even
never at this rate
Slippage from KuCoin: live order book, 35 min ago; Bybit: live order book, 45 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 KuCoin live order book, 35 min ago17.31 bp863.4 bp −$863doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 45 min ago4.03 bp352.2 bp −$352doesn'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
Bybit ASRUSDTshort+0.0100%4h0.8661−0.104%$141K$72K25x
Gate ASR_USDT+0.0100%4h0.8680+0.115%$29K$4K20xas long as short
KuCoin ASRUSDTMlong+0.0100%4h0.8670long leg$189K$35K10x
Bitget ASRUSDT+0.0100%4h0.8660−0.115%$195K$39K10xas long as short
Variational Omni ASR+0.0100%4h0.8664−0.067%$4K$5Kas long as short
MEXC ASR_USDT+0.0276%4h0.8656−0.161%$633K$92K50xas long as short
Binance ASRUSDT+0.0277%4h0.8656−0.161%$1.9M$735K10xas long as short
BingX ASR-USDT+0.0284%4h0.8660−0.115%$1.3Mas long as short