Funding you earn now, next payment 04:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.49 per $10,000 · paid last 24h −0.095%
Price spread now: Bybit against KuCoin+0.001%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$216as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1921.923% of the position
Funding, last 7 days−0.236%−$24 on $10k
+Price spread, last 7 days−0.160%−$16 · spread now +0.001%, 7d avg −0.047%
=The price spread pays, funding is against you. Bybit is 0.048% dearer against KuCoin than usual: you sell high and buy low (spread +0.001% now, against its 7-day average of −0.047%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 39 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BRUSDTM | 1.1109 | 0.0198 | pay 0.0099% / 4h | 50m 25s | $4.8M | $5.1M | 30x |
| Short | Bybit BRUSDT | 1.1109 | 0.0100 | get 0.0050% / 4h | 50m 25s | $10.7M | $24.1M | 5x |
KuCoin BRUSDTM
Bybit BRUSDTFunding 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
- −$20.58
- Price spread: +0.001% → −0.047%
- $4.81
- Slippage, 4 orders
- −$169.27
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$208.05
- Costs to cover
- 1.923%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Bybit: live order book, 3 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, 2 min ago | 5.44 bp | 48.6 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.36 bp | 49.2 bp −$49 | 179.7 bp −$1,797 | doesn't fit | doesn't fit |
BR on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDT | +0.0080% | 4h | 1.1115 | +0.055% | — | $6.0M | — | as long as short |
| Bybit BRUSDTshort | +0.0100% | 4h | 1.1109 | +0.001% | $10.7M | $24.1M | 5x | |
| Gate BR_USDT | +0.0100% | 4h | 1.1111 | +0.015% | $7.4M | $8.2M | 20x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1105 | −0.038% | $260K | $270K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1140 | +0.275% | — | $714K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1158 | +0.437% | $85K | $245K | 20x | as long as short |
| Bitget BRUSDT | +0.0162% | 4h | 1.1116 | +0.061% | $8.1M | $11.4M | 10x | as long as short |
| KuCoin BRUSDTMlong | +0.0198% | 4h | 1.1109 | long leg | $4.8M | $5.1M | 30x | |
| Aster BRUSDT | +0.0551% | 4h | 1.1105 | −0.036% | $654K | $2.5M | 5x | as long as short |
| MEXC BR_USDT | +0.0834% | 4h | 1.1139 | +0.267% | $15.1M | $6.8M | 100x | as long as short |
BingX BR-USDT
Gate BR_USDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
Bitget BRUSDT
Aster BRUSDT
MEXC BR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRUSDT | +0.0836% | 4h | 1.1126 | +0.152% | $53.1M | $148.2M | 25x | as long as short |
Binance BRUSDT