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−0.047%7-day average +0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$636as in the Funding arb table
Net, price: spread back to 7d avg − costs−$649as in the Price arb table
costs, in and out, $10k−$6366.365% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.047%, 7d avg +0.084%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.130% cheaper against Bybit than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.084%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BANDUSDT | 0.2148 | 0.0100 | pay 0.0100% / 8h | 6h 02m | $306K | $188K | 20x |
| Short | KuCoin BANDUSDTM | 0.2147 | 0.0100 | get 0.0100% / 8h | 6h 02m | $744K | $58K | 30x |
Bybit BANDUSDT
KuCoin BANDUSDTMFunding 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: −0.047% → +0.084%
- −$13.01
- Slippage, 4 orders
- −$613.48
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$649.49
- Costs to cover
- 6.365%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 57 min ago; KuCoin: live order book, 36 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, 57 min ago | 2.34 bp | 102.5 bp −$102 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 36 min ago | 37.40 bp | 237.7 bp −$238 | doesn't fit | doesn't fit | doesn't fit |
BAND 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BANDUSD | −0.2289% | 1h | 0.2147 | −0.064% | $20K | $789 | 10x | as long as short |
| Binance BANDUSDT | +0.0100% | 8h | 0.2147 | −0.047% | $1.3M | $1.8M | 50x | as long as short |
| Bybit BANDUSDTlong | +0.0100% | 8h | 0.2148 | long leg | $306K | $188K | 20x | |
| OKX BAND-USDT-SWAP | +0.0100% | 8h | 0.2148 | 0.000% | $234K | $415K | 10x | as long as short |
| Gate BAND_USDT | +0.0100% | 8h | 0.2146 | −0.093% | $199K | $63K | 20x | as long as short |
| MEXC BAND_USDT | +0.0100% | 8h | 0.2147 | −0.047% | $359K | $148K | 100x | as long as short |
| KuCoin BANDUSDTMshort | +0.0100% | 8h | 0.2147 | −0.047% | $744K | $58K | 30x | |
| Bitget BANDUSDT | +0.0100% | 8h | 0.2146 | −0.093% | $803K | $105K | 50x | as long as short |
| Variational Omni BAND | +0.0100% | 8h | 0.2144 | −0.204% | $7K | $963 | — | as long as short |
Kraken Futures PF_BANDUSD
Binance BANDUSDT
OKX BAND-USDT-SWAP
Gate BAND_USDT
MEXC BAND_USDT
Bitget BANDUSDT
Variational Omni BAND