Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin+0.089%7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$831as in the Funding arb table
Net, price: spread back to 7d avg − costs−$815as in the Price arb table
costs, in and out, $10k−$8298.292% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now +0.089%, 7d avg −0.049%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.138% dearer against KuCoin than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BICOUSDTM | 0.02253 | 0.0100 | pay 0.0100% / 8h | 1h 10m | $996K | $1.2M | 20x |
| Short | Bybit BICOUSDT | 0.02255 | 0.0101 | get 0.0101% / 8h | 1h 10m | $2.4M | $3.7M | 20x |
KuCoin BICOUSDTM
Bybit BICOUSDTFunding 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
- $0.11
- Price spread: +0.089% → −0.049%
- $13.8
- Slippage, 4 orders
- −$806.2
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$815.29
- Costs to cover
- 8.292%
- Break-even
- 51283.1 days
Slippage from KuCoin: live order book, 5 min ago; Bybit: 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 KuCoin live order book, 5 min ago | 4.44 bp | 290.8 bp −$291 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.77 bp | 48.5 bp −$49 | 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 | 0.02253 | −0.016% | $94K | $20K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02253 | +0.020% | $4.1M | $8.5M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02253 | 0.000% | $1.8M | $5.3M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02252 | −0.044% | $1.7M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTMlong | +0.0100% | 8h | 0.02253 | long leg | $996K | $1.2M | 20x | |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02253 | 0.000% | $651K | $458K | 10x | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02258 | +0.237% | $16K | $5K | — | as long as short |
| Bybit BICOUSDTshort | +0.0101% | 8h | 0.02255 | +0.089% | $2.4M | $3.7M | 20x | |
| BingX BICO-USDT | +0.0101% | 8h | 0.02252 | −0.044% | — | $1.7M | — | as long as short |
| Gate BICO_USDT | +0.0272% | 8h | 0.02252 | −0.044% | $403K | $311K | 20x | as long as short |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
Bitget BICOUSDT
Variational Omni BICO
BingX BICO-USDT
Gate BICO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.2614% | 1h | 0.02267 | +0.618% | $41K | $47K | 20x | as long as short |
Kraken Futures PF_BICOUSD