Funding you earn now, next payment 08:00 UTC+0.0456%/8h= +49.9% APRnext payment +$2.28 per $10,000 · paid last 24h +0.004%
Price spread now: Bybit against KuCoin+0.059%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,859as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,871as in the Price arb table
costs, in and out, $10k−$1,86918.688% of the position
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.059%, 7d avg +0.086%
=Funding pays, the price is against you. Bybit is 0.026% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.059% now, against its 7-day average of +0.086%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.100% in total) that is about 44 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.100% in total (about 5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.28 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 | KuCoin BLENDUSDTM | 0.06755 | −0.0356 | get 0.0178% / 4h | 1h 59m | $236K | $208K | 20x |
| Short | Bybit BLENDUSDT | 0.06759 | 0.0100 | get 0.0050% / 4h | 1h 59m | $852K | $288K | 20x |
KuCoin BLENDUSDTM
Bybit BLENDUSDTFunding 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
- $95.76
- Price spread: +0.059% → +0.086%
- −$2.64
- Slippage, 4 orders
- −$1,845.77
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,775.66
- Costs to cover
- 18.688%
- Break-even
- 136.8 days
Slippage from KuCoin: live order book, 57 min ago; Bybit: live order book, 46 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, 57 min ago | 8.98 bp | 623.3 bp −$623 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 46 min ago | 2.23 bp | 259.0 bp −$259 | doesn't fit | doesn't fit | doesn't fit |
BLEND on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BLENDUSDTMlong | −0.0356% | 4h | 0.06755 | long leg | $236K | $208K | 20x | |
| Aster BLENDUSDT | +0.0100% | 1h | 0.06763 | +0.113% | $2K | $269 | 3x | as long as short |
| Bybit BLENDUSDTshort | +0.0100% | 4h | 0.06759 | +0.059% | $852K | $288K | 20x | |
| OKX BLEND-USDT-SWAP | +0.0100% | 4h | 0.06770 | +0.222% | $178K | $211K | 20x | as long as short |
| Gate BLEND_USDT | +0.0100% | 4h | 0.06758 | +0.044% | $55K | $10K | 20x | as long as short |
| MEXC BLEND_USDT | +0.0100% | 4h | 0.06770 | +0.222% | $1.8M | $164K | 50x | as long as short |
| BingX BLEND-USDT | +0.0100% | 4h | 0.06761 | +0.089% | — | $1.6M | — | as long as short |
Aster BLENDUSDT
OKX BLEND-USDT-SWAP
Gate BLEND_USDT
MEXC BLEND_USDT
BingX BLEND-USDT