Funding you earn now, next payment 00:00 UTC−0.0017%/8h= −1.9% APRpaid last 24h −0.124%
Price spread now: Bybit against KuCoin+0.128%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,866as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,842as in the Price arb table
costs, in and out, $10k−$1,84818.483% of the position
Funding, last 7 days−0.175%−$17 on $10k
+Price spread, last 4 days (all we have)+0.088%+$9 · spread now +0.128%, 7d avg +0.063%
=The price spread pays, funding is against you. Bybit is 0.065% dearer against KuCoin than usual: you sell high and buy low (spread +0.128% now, against its 7-day average of +0.063%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 7 days (−0.175% in total) that is about 2.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BLASTUSDTM | 0.0003917 | 0.0100 | pay 0.0050% / 4h | 5m 41s | $115K | $42K | 20x |
| Short | Bybit BLASTUSDT | 0.0003922 | 0.0083 | get 0.0083% / 8h | 5m 41s | $984K | $707K | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.55
- Price spread: +0.128% → +0.063%
- $6.51
- Slippage, 4 orders
- −$1,825.32
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,845.37
- Costs to cover
- 18.483%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 48 min ago; Bybit: live order book, 5 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, 48 min ago | 54.81 bp | 881.4 bp −$881 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.83 bp | 81.6 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
BLAST on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BLAST | −0.0089% | 8h | 0.0003921 | +0.114% | $20K | $14K | — | as long as short |
| Bybit BLASTUSDTshort | +0.0083% | 8h | 0.0003922 | +0.128% | $984K | $707K | 20x | |
| KuCoin BLASTUSDTMlong | +0.0100% | 4h | 0.0003917 | long leg | $115K | $42K | 20x |
KuCoin BLASTUSDTM
Bybit BLASTUSDT
Variational Omni BLAST