Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit−0.081%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$562as in the Funding arb table
Net, price: spread back to 7d avg − costs−$543as in the Price arb table
costs, in and out, $10k−$5445.443% of the position
Funding, last 7 days−0.178%−$18 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now −0.081%, 7d avg −0.095%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AUCTIONUSDT | 3.6960 | 0.0100 | pay 0.0050% / 4h | 3h 00m | $591K | $264K | 25x |
| Short | KuCoin AUCTIONUSDTM | 3.6930 | 0.0100 | get 0.0050% / 4h | 3h 00m | $369K | $111K | 20x |
Bybit AUCTIONUSDT
KuCoin AUCTIONUSDTMFunding 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
- $0
- Price spread: −0.081% → −0.095%
- $1.39
- Slippage, 4 orders
- −$521.31
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$542.92
- Costs to cover
- 5.443%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 45 min ago; KuCoin: live order book, 72 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, 45 min ago | 4.05 bp | 43.4 bp −$43 | 80.2 bp −$802 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 72 min ago | 8.07 bp | 280.6 bp −$281 | doesn't fit | doesn't fit | doesn't fit |
AUCTION on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AUCTIONUSD | −0.0171% | 1h | 3.6953 | −0.018% | $8K | $259 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.6943 | −0.047% | $922 | $3K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.6931 | −0.079% | $2.4M | $1.6M | 50x | as long as short |
| Bybit AUCTIONUSDTlong | +0.0100% | 4h | 3.6960 | long leg | $591K | $264K | 25x | |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.6890 | −0.189% | $783K | $683K | 20x | as long as short |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.6980 | +0.054% | $105K | $68K | 50x | as long as short |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.6930 | −0.081% | $443K | $146K | 20x | as long as short |
| KuCoin AUCTIONUSDTMshort | +0.0100% | 4h | 3.6930 | −0.081% | $369K | $111K | 20x | |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.6960 | 0.000% | $373K | $153K | 25x | as long as short |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.6940 | −0.054% | — | $13.8M | — | as long as short |
Kraken Futures PF_AUCTIONUSD
Aster AUCTIONUSDT
Binance AUCTIONUSDT
OKX AUCTION-USDT-SWAP
Gate AUCTION_USDT
MEXC AUCTION_USDT
Bitget AUCTIONUSDT
BingX AUCTION-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.6969 | +0.023% | $171 | $38 | — | as long as short |
Variational Omni AUCTION