Funding you earn now, next payment 12:00 UTC−0.0045%/8h= −4.9% APRnext payment −$0.23 per $10,000 · paid last 24h −0.013%
Price spread now: KuCoin against Bybit+0.098%7-day average +0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,190as in the Price arb table
costs, in and out, $10k−$1,18611.863% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 7 days−0.124%−$12 · spread now +0.098%, 7d avg +0.140%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.041% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.140%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BUSDT | 0.2133 | 0.0603 | pay 0.0302% / 4h | 3h 15m | $1.8M | $1.1M | 13x |
| Short | KuCoin BUSDTM | 0.2135 | 0.0558 | get 0.0279% / 4h | 3h 15m | $2.0M | $88K | 10x |
Bybit BUSDT
KuCoin BUSDTMFunding 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
- −$9.46
- Price spread: +0.098% → +0.140%
- −$4.11
- Slippage, 4 orders
- −$1,163.32
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,199.89
- Costs to cover
- 11.863%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 1 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, 1 min ago | 7.50 bp | 178.9 bp −$179 | 2939.5 bp −$29.4K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 16.86 bp | 399.4 bp −$399 | doesn't fit | doesn't fit | doesn't fit |
B 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate B_USDT | +0.0100% | 4h | 0.2134 | +0.042% | $3.6M | $687K | 20x | as long as short |
| Binance BUSDT | +0.0480% | 4h | 0.2136 | +0.136% | $12.5M | $2.5M | 20x | as long as short |
| Extended B-USD | +0.0480% | 1h | 0.2138 | +0.250% | $16K | $300K | 5x | as long as short |
| MEXC B_USDT | +0.0484% | 4h | 0.2137 | +0.183% | $1.4M | $513K | 100x | as long as short |
| BloFin B-USDT | +0.0497% | 4h | 0.2139 | +0.277% | $641K | $44K | 20x | as long as short |
| BingX B-USDT | +0.0500% | 4h | 0.2139 | +0.277% | — | $1.3M | — | as long as short |
| Bitget BUSDT | +0.0502% | 4h | 0.2137 | +0.183% | $2.9M | $494K | 10x | as long as short |
| edgeX BUSDC | +0.0503% | 4h | 0.2135 | +0.110% | $4K | $390K | 5x | as long as short |
| KuCoin BUSDTMshort | +0.0558% | 4h | 0.2135 | +0.098% | $2.0M | $88K | 10x | |
| Bybit BUSDTlong | +0.0603% | 4h | 0.2133 | long leg | $1.8M | $1.1M | 13x |
Gate B_USDT
Binance BUSDT
Extended B-USD
MEXC B_USDT
BloFin B-USDT
BingX B-USDT
Bitget BUSDT
edgeX BUSDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1317% | 4h | 0.2134 | +0.048% | $2.0M | $220K | 5x | as long as short |
Aster BUSDT