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+0.106%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$589as in the Funding arb table
Net, price: spread back to 7d avg − costs−$589as in the Price arb table
costs, in and out, $10k−$5935.934% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 4 days (all we have)−0.312%−$31 · spread now +0.106%, 7d avg +0.060%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.046% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BATUSDTM | 0.08460 | 0.0100 | pay 0.0100% / 8h | 7h 05m | $261K | $62K | 20x |
| Short | Bybit BATUSDT | 0.08469 | 0.0100 | get 0.0100% / 8h | 7h 05m | $1.1M | $478K | 25x |
KuCoin BATUSDTM
Bybit BATUSDTFunding 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: +0.106% → +0.060%
- $4.61
- Slippage, 4 orders
- −$570.39
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$588.79
- Costs to cover
- 5.934%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 17 min ago; Bybit: 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 KuCoin live order book, 17 min ago | 17.80 bp | 307.1 bp −$307 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 3.54 bp | 53.7 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
BAT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BATUSD | −0.0421% | 1h | 0.08473 | +0.157% | $116K | $5K | 10x | as long as short |
| Binance BATUSDT | +0.0100% | 8h | 0.08469 | +0.104% | $1.9M | $1.9M | 50x | as long as short |
| Bybit BATUSDTshort | +0.0100% | 8h | 0.08469 | +0.106% | $1.1M | $478K | 25x | |
| OKX BAT-USDT-SWAP | +0.0100% | 8h | 0.08464 | +0.047% | $528K | $383K | 20x | as long as short |
| Gate BAT_USDT | +0.0100% | 8h | 0.08465 | +0.059% | $82K | $29K | 25x | as long as short |
| MEXC BAT_USDT | +0.0100% | 8h | 0.08469 | +0.106% | $941K | $380K | 125x | as long as short |
| KuCoin BATUSDTMlong | +0.0100% | 8h | 0.08460 | long leg | $261K | $62K | 20x | |
| Bitget BATUSDT | +0.0100% | 8h | 0.08470 | +0.118% | $690K | $185K | 50x | as long as short |
| BingX BAT-USDT | +0.0100% | 8h | 0.08467 | +0.083% | — | $1.3M | — | as long as short |
| Variational Omni BAT | +0.0100% | 8h | 0.08461 | +0.013% | $115K | $78 | — | as long as short |
Kraken Futures PF_BATUSD
Binance BATUSDT
OKX BAT-USDT-SWAP
Gate BAT_USDT
MEXC BAT_USDT
Bitget BATUSDT
BingX BAT-USDT
Variational Omni BATShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BAT-USDT | +0.0121% | 8h | 0.08471 | +0.130% | $98K | $30K | 50x | as long as short |
BloFin BAT-USDT