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

BIGTIME

all BIGTIME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin+0.048%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$648as in the Funding arb table
Net, price: spread back to 7d avg − costs−$643as in the Price arb table
costs, in and out, $10k−$6496.492% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.048%, 7d avg −0.015%
Together, before fees−0.004%$0 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: Bybit is 0.062% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BIGTIMEUSDTM0.0083690.0100pay 0.0050% / 4h3h 40m$246K$30K20x
ShortBybit BIGTIMEUSDT0.0083730.0100get 0.0050% / 4h3h 40m$669K$574K25x

Funding 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 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: +0.048% → −0.015%
$6.23
Slippage, 4 orders
−$626.23
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$643
Costs to cover
6.492%
Break-even
never at this rate
Slippage from KuCoin: live order book, 10 min ago; Bybit: live order book, 25 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 KuCoin live order book, 10 min ago5.98 bp215.7 bp −$216doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 25 min ago2.99 bp35.1 bp −$35335.6 bp −$3,356doesn'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
Kraken Futures PF_BIGTIMEUSD−0.0293%1h0.008375+0.069%$7K$4K10xas long as short
BloFin BIGTIME-USDT+0.0056%4h0.008386+0.203%$94K$10K50xas long as short
Hyperliquid BIGTIME+0.0100%1h0.008380+0.131%$128K$96K3xas long as short
Binance BIGTIMEUSDT+0.0100%4h0.008372+0.036%$1.8M$2.2M50xas long as short
Bybit BIGTIMEUSDTshort+0.0100%4h0.008373+0.048%$669K$574K25x
OKX BIGTIME-USDT-SWAP+0.0100%4h0.008360−0.108%$444K$406K10xas long as short
Gate BIGTIME_USDT+0.0100%4h0.008367−0.024%$59K$30K50xas long as short
MEXC BIGTIME_USDT+0.0100%4h0.008374+0.060%$461K$194K125xas long as short
KuCoin BIGTIMEUSDTMlong+0.0100%4h0.008369long leg$246K$30K20x
Bitget BIGTIMEUSDT+0.0100%4h0.008386+0.203%$600K$236K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BIGTIME-USDT+0.0100%4h0.008371+0.024%$2.4Mas long as short
Variational Omni BIGTIME+0.0100%4h0.008382+0.158%$10K$1Kas long as short