B2

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1118%/8h= +122.4% APRnext payment +$5.59 per $10,000 · paid last 24h +0.078%

Price spread now: KuCoin against Bybit+0.103%7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$275as in the Funding arb table

Net, price: spread back to 7d avg − costs−$257as in the Price arb table

costs, in and out, $10k−$2702.701% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.050%−$5 on $10k

Price spread, last 4 days (all we have)−0.273%−$27 · spread now +0.103%, 7d avg −0.027%

Together, before fees−0.323%−$32 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and KuCoin is 0.131% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.027%. Mind the row above: over the last 7 days funding on this pair cost −0.050%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.050% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.59 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit B2USDT	0.4845	0.0116	pay 0.0058% / 4h	2h 48m	$1.5M	$2.5M	20x
Short	KuCoin B2USDTM	0.4850	0.1234	get 0.0617% / 4h	2h 48m	$1.0M	$308K	50x

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

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now +0.103%Rate

Funding earned: $234.79
Price spread: +0.103% → −0.027%: $13.05
Slippage, 4 orders: −$247.08
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$22.24
Costs to cover: 2.701%
Break-even: 7.7 days

Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, just now.

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, 3 min ago	3.10 bp	46.3 bp −$46	565.0 bp −$5,650	doesn't fit	doesn't fit
Sell KuCoin live order book, just now	8.25 bp	41.3 bp −$41	doesn't fit	doesn't fit	doesn't fit

B2 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
Bybit B2USDTlong	+0.0116%	4h	0.4845	long leg	$1.5M	$2.5M	20x
MEXC B2_USDT	+0.0778%	4h	0.4848	+0.062%	$545K	$486K	100x	as long as short
Binance B2USDT	+0.0780%	4h	0.4849	+0.083%	$7.8M	$11.7M	50x	as long as short
BingX B2-USDT	+0.0786%	4h	0.4848	+0.062%	—	$1.4M	—	as long as short
Aster B2USDT	+0.0787%	4h	0.4838	−0.144%	$151K	$166K	5x	as long as short
Bitget B2USDT	+0.0858%	4h	0.4841	−0.083%	$2.7M	$1.2M	50x	as long as short
KuCoin B2USDTMshort	+0.1234%	4h	0.4850	+0.103%	$1.0M	$308K	50x
Variational Omni B2	+0.1302%	4h	0.4836	−0.191%	$13K	$2K	—	as long as short
Gate B2_USDT	+0.1840%	4h	0.4852	+0.144%	$845K	$372K	20x	as long as short