Funding you earn now, next payment 08:00 UTC−0.2744%/8h= −300.5% APRnext payment −$13.72 per $10,000 · paid last 24h −0.900%
Price spread now: KuCoin against Bybit+0.218%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.677%−$68 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. KuCoin is 0.218% dearer against Bybit than usual: you sell high and buy low (spread +0.218% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$82 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.677% in total) that is about 2.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.677% in total (about -35.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$13.72 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BIRBUSDT | 0.06889 | 0.2844 | pay 0.1422% / 4h | 3h 51m | $637K | $454K | 25x |
| Short | KuCoin BIRBUSDTM | 0.06904 | 0.0100 | get 0.0050% / 4h | 3h 51m | $84K | $38K | 20x |
Bybit BIRBUSDT
KuCoin BIRBUSDTMFunding 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
- −$576.27
- Price spread: +0.218% → 0.000%
- $21.77
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$577.5
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 58 min ago; KuCoin: no order-book sample. Net counts fees only.
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, 58 min ago | 5.11 bp | 76.7 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin no order-book sample | — | — | — | — | — |
KuCoin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BIRB on 9 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 BIRBUSDT | +0.0100% | 4h | 0.06893 | +0.052% | $16K | $17K | 5x | as long as short |
| Binance BIRBUSDT | +0.0100% | 4h | 0.06911 | +0.320% | $1.3M | $1.9M | 50x | as long as short |
| Gate BIRB_USDT | +0.0100% | 4h | 0.06907 | +0.261% | $56K | $60K | 20x | as long as short |
| MEXC BIRB_USDT | +0.0100% | 4h | 0.06910 | +0.305% | $145K | $98K | 50x | as long as short |
| KuCoin BIRBUSDTMshort | +0.0100% | 4h | 0.06904 | +0.218% | $84K | $38K | 20x | |
| Bitget BIRBUSDT | +0.0100% | 4h | 0.06912 | +0.334% | $432K | $173K | 20x | as long as short |
| BingX BIRB-USDT | +0.2008% | 4h | 0.06910 | +0.305% | — | $745K | — | as long as short |
| BloFin BIRB-USDT | +0.2807% | 4h | 0.06875 | −0.203% | $83K | $5K | 25x | as long as short |
| Bybit BIRBUSDTlong | +0.2844% | 4h | 0.06889 | long leg | $637K | $454K | 25x |
Aster BIRBUSDT
Binance BIRBUSDT
Gate BIRB_USDT
MEXC BIRB_USDT
Bitget BIRBUSDT
BingX BIRB-USDT
BloFin BIRB-USDT