Funding you earn now, next payment 12:00 UTC−0.0132%/8h= −14.4% APRnext payment −$0.66 per $10,000 · paid last 24h −0.041%
Price spread now: KuCoin against Bybit−0.031%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$931as in the Funding arb table
Net, price: spread back to 7d avg − costs−$933as in the Price arb table
costs, in and out, $10k−$9369.359% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 4 days (all we have)−0.198%−$20 · spread now −0.031%, 7d avg −0.065%
=The price spread pays, funding is against you. KuCoin is 0.034% dearer against Bybit than usual: you sell high and buy low (spread −0.031% now, against its 7-day average of −0.065%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AWEUSDT | 0.06384 | 0.0232 | pay 0.0116% / 4h | 3h 52m | $549K | $219K | 25x |
| Short | KuCoin AWEUSDTM | 0.06382 | 0.0100 | get 0.0050% / 4h | 3h 52m | $132K | $50K | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$27.65
- Price spread: −0.031% → −0.065%
- $3.35
- Slippage, 4 orders
- −$912.88
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$960.17
- Costs to cover
- 9.359%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 37 min ago; KuCoin: live order book, 38 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, 37 min ago | 4.71 bp | 85.5 bp −$86 | 225.1 bp −$2,251 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 38 min ago | 6.28 bp | 576.8 bp −$577 | doesn't fit | doesn't fit | doesn't fit |
AWE 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AWEUSDT | +0.0100% | 4h | 0.06371 | −0.202% | $2K | $5K | 5x | as long as short |
| Binance AWEUSDT | +0.0100% | 4h | 0.06374 | −0.157% | $2.2M | $1.2M | 40x | as long as short |
| MEXC AWE_USDT | +0.0100% | 4h | 0.06374 | −0.157% | $1.1M | $132K | 20x | as long as short |
| KuCoin AWEUSDTMshort | +0.0100% | 4h | 0.06382 | −0.031% | $132K | $50K | 20x | |
| Bitget AWEUSDT | +0.0100% | 4h | 0.06373 | −0.164% | $434K | $198K | 40x | as long as short |
| BingX AWE-USDT | +0.0100% | 4h | 0.06378 | −0.094% | — | $6.6M | — | as long as short |
| BloFin AWE-USDT | +0.0146% | 4h | 0.06381 | −0.047% | $139K | $27K | 40x | as long as short |
| Bybit AWEUSDTlong | +0.0232% | 4h | 0.06384 | long leg | $549K | $219K | 25x | |
| Gate AWE_USDT | +0.1986% | 8h | 0.06389 | +0.078% | $58K | $29K | 25x | as long as short |
Bybit AWEUSDT
KuCoin AWEUSDTM
Aster AWEUSDT
Binance AWEUSDT
MEXC AWE_USDT
Bitget AWEUSDT
BingX AWE-USDT
BloFin AWE-USDT
Gate AWE_USDT