Funding you earn now, next payment 04:00 UTC+0.1323%/8h= +144.9% APRnext payment +$6.62 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin+0.098%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$653as in the Funding arb table
Net, price: spread back to 7d avg − costs−$645as in the Price arb table
costs, in and out, $10k−$6536.530% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.098%, 7d avg +0.020%
=Both sides work for this trade now. Funding pays +$40 a day on $10k at the current rate, and Bybit is 0.079% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.020%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.000% in total (about -0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.62 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 | KuCoin BBUSDTM | 0.009160 | 0.0100 | pay 0.0050% / 4h | 3h 41m | $459K | $86K | 50x |
| Short | Bybit BBUSDT | 0.009169 | 0.1423 | get 0.0712% / 4h | 3h 41m | $721K | $778K | 25x |
KuCoin BBUSDTM
Bybit BBUSDTFunding 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
- $277.86
- Price spread: +0.098% → +0.020%
- $7.86
- Slippage, 4 orders
- −$630.01
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$367.29
- Costs to cover
- 6.530%
- Break-even
- 16.3 days
Slippage from KuCoin: live order book, 11 min ago; Bybit: live order book, 28 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, 11 min ago | 21.74 bp | 204.6 bp −$205 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 28 min ago | 5.52 bp | 108.4 bp −$108 | 350.9 bp −$3,509 | doesn't fit | doesn't fit |
BB 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BBUSDT | +0.0100% | 4h | 0.009152 | −0.090% | $13K | $13K | 5x | as long as short |
| Binance BBUSDT | +0.0100% | 4h | 0.009152 | −0.087% | $3.3M | $6.8M | 50x | as long as short |
| Gate BB_USDT | +0.0100% | 4h | 0.009150 | −0.109% | $133K | $208K | 50x | as long as short |
| MEXC BB_USDT | +0.0100% | 4h | 0.009148 | −0.131% | $1.5M | $585K | 100x | as long as short |
| KuCoin BBUSDTMlong | +0.0100% | 4h | 0.009160 | long leg | $459K | $86K | 50x | |
| Bitget BBUSDT | +0.0100% | 4h | 0.009150 | −0.109% | $330K | $469K | 50x | as long as short |
| BingX BB-USDT | +0.0374% | 4h | 0.009163 | +0.033% | — | $1.3M | — | as long as short |
| Kraken Futures PF_BBUSD | +0.0704% | 1h | 0.009186 | +0.288% | $22K | $2K | 10x | as long as short |
| Bybit BBUSDTshort | +0.1423% | 4h | 0.009169 | +0.098% | $721K | $778K | 25x |
Aster BBUSDT
Binance BBUSDT
Gate BB_USDT
MEXC BB_USDT
Bitget BBUSDT
BingX BB-USDT
Kraken Futures PF_BBUSD