Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Bybit against KuCoin−0.220%7-day average +0.881% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.105%+$10 on $10k
+Price spread, last 4 days (all we have)−1.185%−$119 · spread now −0.220%, 7d avg +0.881%
=Funding pays, the price is against you. Bybit is 1.101% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.220% now, against its 7-day average of +0.881%). If the spread goes back, that is −$110 on $10k: about 2 months of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BPUSDTM | 0.9083 | 0.0050 | pay 0.0050% / 8h | 7h 39m | $209K | $64K | 5x |
| Short | Bybit BPUSDT | 0.9063 | 0.0100 | get 0.0050% / 4h | 3h 39m | $1.6M | $779K | 5x |
KuCoin BPUSDTM
Bybit BPUSDTFunding 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
- $10.5
- Price spread: −0.220% → +0.881%
- −$110.15
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$122.65
- Costs to cover
- 0.230%
- Break-even
- 88.8 days
Slippage unknown: KuCoin: live order book, 60 min ago; Bybit: live order book, 1 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 KuCoin live order book, 60 min ago | 227.18 bp | 3060.4 bp −$3,060 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 33.80 bp | 48.0 bp −$48 | 753.9 bp −$7,539 | 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 BPUSDTMlong | +0.0050% | 8h | 0.9083 | long leg | $209K | $64K | 5x | |
| Pacifica BP | +0.0100% | 1h | 0.8951 | −1.453% | $87K | $76K | 3x | as long as short |
| Bybit BPUSDTshort | +0.0100% | 4h | 0.9063 | −0.220% | $1.6M | $779K | 5x | |
| Gate BP_USDT | +0.0100% | 4h | 0.9974 | +9.811% | $677K | $135K | 10x | as long as short |
| MEXC BP_USDT | +0.0100% | 4h | 0.8952 | −1.441% | $622K | $487K | 20x | as long as short |
Pacifica BP
Gate BP_USDT
MEXC BP_USDT