Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin+0.094%7-day average −0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$649as in the Funding arb table
Net, price: spread back to 7d avg − costs−$630as in the Price arb table
costs, in and out, $10k−$6496.485% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.170%−$17 · spread now +0.094%, 7d avg −0.090%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.184% dearer against KuCoin than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.090%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BANDUSDTM | 0.2132 | 0.0100 | pay 0.0100% / 8h | 6h 21m | $728K | $60K | 30x |
| Short | Bybit BANDUSDT | 0.2134 | 0.0100 | get 0.0100% / 8h | 6h 21m | $297K | $182K | 20x |
KuCoin BANDUSDTM
Bybit BANDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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: +0.094% → −0.090%
- $18.38
- Slippage, 4 orders
- −$625.5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$630.12
- Costs to cover
- 6.485%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 25 min ago; Bybit: live order book, 25 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 KuCoin live order book, 25 min ago | 35.07 bp | 204.0 bp −$204 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 25 min ago | 7.04 bp | 96.9 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
BAND on 10 exchanges
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 | −0.2256% | 1h | 0.2133 | +0.047% | $19K | $3K | 10x | as long as short |
| Binance BANDUSDT | +0.0100% | 8h | 0.2132 | +0.005% | $1.3M | $1.7M | 50x | as long as short |
| Bybit BANDUSDTshort | +0.0100% | 8h | 0.2134 | +0.094% | $297K | $182K | 20x | |
| OKX BAND-USDT-SWAP | +0.0100% | 8h | 0.2133 | +0.047% | $228K | $396K | 10x | as long as short |
| Gate BAND_USDT | +0.0100% | 8h | 0.2143 | +0.516% | $198K | $54K | 20x | as long as short |
| MEXC BAND_USDT | +0.0100% | 8h | 0.2133 | +0.047% | $353K | $152K | 100x | as long as short |
| KuCoin BANDUSDTMlong | +0.0100% | 8h | 0.2132 | long leg | $728K | $60K | 30x | |
| Bitget BANDUSDT | +0.0100% | 8h | 0.2132 | 0.000% | $794K | $101K | 50x | as long as short |
| Variational Omni BAND | +0.0100% | 8h | 0.2132 | −0.020% | $7K | $963 | — | as long as short |
| BloFin BAND-USDT | +0.0113% | 8h | 0.2135 | +0.141% | $74K | $7K | 50x | 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
BloFin BAND-USDT