Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%
Price spread now: KuCoin against Bybit+0.175%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$693as in the Funding arb table
Net, price: spread back to 7d avg − costs−$682as in the Price arb table
costs, in and out, $10k−$6946.935% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days−0.116%−$12 · spread now +0.175%, 7d avg +0.060%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.115% dearer against Bybit than usual: you sell high and buy low, +$12 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 | Bybit BICOUSDT | 0.02224 | 0.0100 | pay 0.0100% / 8h | 23m 16s | $2.1M | $4.0M | 20x |
| Short | KuCoin BICOUSDTM | 0.02228 | 0.0100 | get 0.0100% / 8h | 23m 16s | $975K | $1.5M | 20x |
Bybit BICOUSDT
KuCoin BICOUSDTMFunding 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: +0.175% → +0.060%
- $11.53
- Slippage, 4 orders
- −$670.52
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$681.99
- Costs to cover
- 6.935%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 9 min ago; KuCoin: live order book, 2 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, 9 min ago | 4.49 bp | 50.9 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 4.49 bp | 163.5 bp −$163 | doesn't fit | doesn't fit | doesn't fit |
BICO 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BICOUSDT | +0.0100% | 8h | 0.02227 | +0.144% | $93K | $23K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02225 | +0.037% | $3.9M | $8.5M | 20x | as long as short |
| Bybit BICOUSDTlong | +0.0100% | 8h | 0.02224 | long leg | $2.1M | $4.0M | 20x | |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02227 | +0.130% | $1.8M | $5.2M | 20x | as long as short |
| Gate BICO_USDT | +0.0100% | 8h | 0.02227 | +0.130% | $361K | $329K | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02224 | −0.004% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTMshort | +0.0100% | 8h | 0.02228 | +0.175% | $975K | $1.5M | 20x | |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02224 | −0.004% | $648K | $528K | 10x | as long as short |
| BingX BICO-USDT | +0.0100% | 8h | 0.02226 | +0.085% | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02225 | +0.038% | $13K | $13K | — | as long as short |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
Gate BICO_USDT
MEXC BICO_USDT
Bitget BICOUSDT
BingX BICO-USDT
Variational Omni BICOShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.2744% | 1h | 0.02241 | +0.757% | $38K | $66K | 20x | as long as short |
Kraken Futures PF_BICOUSD