Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: KuCoin against Bybit+5.018%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−0.105%−$10 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 5.018% dearer against Bybit than usual: you sell high and buy low (spread +5.018% now, against zero (this spread has no 7-day history yet)): +$502 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 11 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BPUSDT | 0.8711 | 0.0100 | pay 0.0050% / 4h | 25m 52s | $1.5M | $648K | 5x |
| Short | KuCoin BPUSDTM | 0.9148 | 0.0050 | get 0.0050% / 8h | 4h 25m | $213K | $70K | 5x |
Bybit BPUSDT
KuCoin BPUSDTMFunding 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
- −$10.5
- Price spread: +5.018% → 0.000%
- $501.79
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $468.29
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 5 min ago; KuCoin: live order book, 3 min ago. 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, 5 min ago | 51.19 bp | 412.0 bp −$412 | 3398.8 bp −$34.0K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 435.50 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
BP on 5 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 BPUSDTMshort | +0.0050% | 8h | 0.9148 | +5.018% | $213K | $70K | 5x | |
| Pacifica BP | +0.0100% | 1h | 0.8675 | −0.411% | $84K | $73K | 3x | as long as short |
| Bybit BPUSDTlong | +0.0100% | 4h | 0.8711 | long leg | $1.5M | $648K | 5x | |
| Gate BP_USDT | +0.0100% | 4h | 0.9625 | +10.495% | $653K | $131K | 10x | as long as short |
| MEXC BP_USDT | +0.0100% | 4h | 0.8640 | −0.813% | $610K | $440K | 20x | as long as short |
Pacifica BP
Gate BP_USDT
MEXC BP_USDT