Settings8H · net · $10k
Funding arb · Price arb /

BR

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.095%
Price spread now: KuCoin against Bybit+0.245%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1571.572% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.236%+$24 on $10k
Price spread, last 7 days−0.085%−$9 · spread now +0.245%, 7d avg +0.047%
Together, before fees+0.150%+$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.198% dearer against Bybit than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BRUSDT1.13960.0100pay 0.0050% / 4h3h 56m$10.9M$22.9M5x
ShortKuCoin BRUSDTM1.14240.0100get 0.0050% / 4h3h 56m$4.9M$4.9M30x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.245% → +0.047%
$19.76
Slippage, 4 orders
−$134.16
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$137.39
Costs to cover
1.572%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago3.83 bp40.7 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago4.48 bp40.6 bp −$41doesn't fitdoesn't fitdoesn't fit

BR on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BR-USDT+0.0080%4h1.1427+0.271%$5.8Mas long as short
Bybit BRUSDTlong+0.0100%4h1.1396long leg$10.9M$22.9M5x
KuCoin BRUSDTMshort+0.0100%4h1.1424+0.245%$4.9M$4.9M30x
Bitget BRUSDT+0.0100%4h1.1446+0.442%$8.4M$10.8M10xas long as short
Variational Omni BR+0.0100%4h1.1415+0.171%$267K$247Kas long as short
SunX BR-USDT+0.0100%4h1.1448+0.461%$709K10xas long as short
HTX BR-USDT+0.0100%4h1.1437+0.361%$87K$250K20xas long as short
Aster BRUSDT+0.0413%4h1.1404+0.072%$671K$2.4M5xas long as short
MEXC BR_USDT+0.0682%4h1.1430+0.296%$15.5M$6.5M100xas long as short
Binance BRUSDT+0.0684%4h1.1405+0.083%$54.4M$139.5M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BR_USDT+0.1292%4h1.1420+0.207%$7.6M$8.0M20xas long as short