Settings8H · net · $10k
Funding arb · Price arb /

BIGTIME

all BIGTIME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit−0.108%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$577as in the Funding arb table
Net, price: spread back to 7d avg − costs−$588as in the Price arb table
costs, in and out, $10k−$5765.762% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.108%, 7d avg +0.011%
Together, before fees−0.012%−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.120% cheaper against Bybit than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BIGTIMEUSDT0.0082990.0100pay 0.0050% / 4h3h 30m$683K$632K25x
ShortKuCoin BIGTIMEUSDTM0.0082900.0100get 0.0050% / 4h3h 30m$241K$28K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.108% → +0.011%
−$11.98
Slippage, 4 orders
−$553.15
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$588.14
Costs to cover
5.762%
Break-even
never at this rate
Slippage from Bybit: live order book, 15 min ago; KuCoin: live order book, 40 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 15 min ago2.40 bp33.0 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 40 min ago8.42 bp259.1 bp −$259doesn't fitdoesn't fitdoesn't fit

BIGTIME on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BIGTIME-USDT+0.0044%4h0.008289−0.120%$92K$10K50xas long as short
Hyperliquid BIGTIME+0.0100%1h0.008293−0.072%$127K$95K3xas long as short
Binance BIGTIMEUSDT+0.0100%4h0.008292−0.084%$1.8M$2.3M50xas long as short
Bybit BIGTIMEUSDTlong+0.0100%4h0.008299long leg$683K$632K25x
OKX BIGTIME-USDT-SWAP+0.0100%4h0.008300+0.012%$437K$360K10xas long as short
Gate BIGTIME_USDT+0.0100%4h0.008287−0.145%$61K$32K50xas long as short
MEXC BIGTIME_USDT+0.0100%4h0.0082990.000%$459K$181K125xas long as short
KuCoin BIGTIMEUSDTMshort+0.0100%4h0.008290−0.108%$241K$28K20x
Bitget BIGTIMEUSDT+0.0100%4h0.0082990.000%$555K$249K50xas long as short
BingX BIGTIME-USDT+0.0100%4h0.008295−0.048%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BIGTIME+0.0100%4h0.008303+0.049%$10K$1Kas long as short
Kraken Futures PF_BIGTIMEUSD+0.7154%1h0.008317+0.211%$8K$6K10xas long as short