Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: KuCoin against Bybit+0.087%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$510.508% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now +0.087%, 7d avg +0.054%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.032% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BCHUSDT | 265.16 | −0.0064 | get 0.0064% / 8h | 5h 38m | $39.1M | $31.1M | 75x |
| Short | KuCoin BCHUSDTM | 265.39 | −0.0055 | pay 0.0055% / 8h | 5h 38m | $8.6M | $7.2M | 75x |
Bybit BCHUSDT
KuCoin BCHUSDTMFunding 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
- $1.89
- Price spread: +0.087% → +0.054%
- $3.24
- Slippage, 4 orders
- −$27.82
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$45.69
- Costs to cover
- 0.508%
- Break-even
- 176.4 days
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 5 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, 1 min ago | 1.88 bp | 10.9 bp −$11 | 18.7 bp −$187 | 68.9 bp −$6,888 | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 0.75 bp | 19.7 bp −$20 | 57.3 bp −$573 | doesn't fit | doesn't fit |
BCH on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BCH-USDT | −0.1783% | 8h | 265.20 | +0.015% | $1K | $1.7M | 30x | as long as short |
| HTX BCH-USDT | −0.0551% | 8h | 265.30 | +0.053% | $771K | $1.5M | 75x | as long as short |
| Phemex BCHUSDT | −0.0453% | 8h | 265.12 | −0.015% | $4.9M | $6.6M | 50x | as long as short |
| SoDEX BCH-USD | −0.0363% | 1h | 265.25 | +0.034% | $2K | $8K | 10x | as long as short |
| GRVT BCH_USDT_Perp | −0.0174% | 8h | 265.82 | +0.248% | $388K | $17K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0128% | 1h | 265.77 | +0.230% | $226K | $1.8M | 50x | as long as short |
| Nado BCH-PERP | −0.0123% | 1h | 265.25 | +0.034% | $419K | $339K | 10x | as long as short |
| Binance BCHUSDT | −0.0115% | 8h | 265.18 | +0.007% | $72.2M | $215.0M | 75x | as long as short |
| MEXC BCH_USDT | −0.0114% | 8h | 265.57 | +0.155% | $70.1M | $6.8M | 200x | as long as short |
| Extended BCH-USD | −0.0112% | 1h | 265.20 | +0.015% | $116K | $956K | 25x | as long as short |
SunX BCH-USDT
HTX BCH-USDT
Phemex BCHUSDT
SoDEX BCH-USD
GRVT BCH_USDT_Perp
Coinbase International BCH-PERP-INTX
Nado BCH-PERP
Binance BCHUSDT
MEXC BCH_USDT
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BCH_USDT | −0.0108% | 8h | 265.36 | +0.075% | $8.3M | $13.3M | 75x | as long as short |
| Variational Omni BCH | −0.0105% | 8h | 265.20 | +0.014% | $81K | $201K | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0077% | 8h | 265.00 | −0.060% | $25.2M | $74.0M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0070% | 1h | 265.45 | +0.109% | $445K | $311K | 25x | as long as short |
| Bybit BCHUSDTlong | −0.0064% | 8h | 265.16 | long leg | $39.1M | $31.1M | 75x | |
| Bitget BCHUSDT | −0.0056% | 8h | 265.27 | +0.041% | $19.1M | $28.4M | 75x | as long as short |
| KuCoin BCHUSDTMshort | −0.0055% | 8h | 265.39 | +0.087% | $8.6M | $7.2M | 75x | |
| Kraken Futures PF_BCHUSD | −0.0031% | 1h | 265.51 | +0.130% | $851K | $3.0M | 50x | as long as short |
| BingX BCH-USDT | −0.0031% | 8h | 265.27 | +0.041% | — | $32.1M | — | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.48 | +0.121% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.51 | +0.133% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.70 | +0.204% | $1.1M | $10.3M | 2.7x | as long as short |
| BloFin BCH-USDT | +0.0005% | 8h | 264.97 | −0.072% | $3.9M | $4.2M | 50x | as long as short |
| Pacifica BCH | +0.0021% | 1h | 265.41 | +0.094% | $161K | $322K | 10x | as long as short |
| Orderly PERP_BCH_USDC | +0.0033% | 8h | 265.25 | +0.034% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.901% | $721 | $130K | 12x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.33 | +0.063% | $365K | $477K | 10x | as long as short |
| ApeX Omni BCHUSDT | +0.0096% | 1h | 265.81 | +0.245% | $97K | $226K | 50x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.48 | +0.121% | $5.7M | $4.7M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 265.57 | +0.154% | $168K | $519K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.32 | +0.061% | $19K | $291K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0451% | 1h | 265.51 | +0.132% | $25K | — | 100x | as long as short |
Gate BCH_USDT
Variational Omni BCH
OKX BCH-USDT-SWAP
Deribit BCH_USDC-PERPETUAL
Bitget BCHUSDT
Kraken Futures PF_BCHUSD
BingX BCH-USDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
BloFin BCH-USDT
Pacifica BCH
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
Lighter BCH
ApeX Omni BCHUSDT
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]