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

BTR

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit−0.357%7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$838as in the Funding arb table
Net, price: spread back to 7d avg − costs−$866as in the Price arb table
costs, in and out, $10k−$8418.405% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 7 days+0.268%+$27 · spread now −0.357%, 7d avg −0.099%
Together, before fees+0.297%+$30 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 0.258% cheaper against Bybit than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of −0.099%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BTRUSDT0.050370.0100pay 0.0050% / 4h1h 13m$3.2M$1.1M25x
ShortKuCoin BTRUSDTM0.050190.0100get 0.0050% / 4h1h 13m$1.4M$190K10x

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: −0.357% → −0.099%
−$25.83
Slippage, 4 orders
−$817.55
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$866.38
Costs to cover
8.405%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 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, 4 min ago3.97 bp175.4 bp −$175doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago14.97 bp196.8 bp −$197doesn't fitdoesn't fitdoesn't fit

BTR on 8 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
Bybit BTRUSDTlong+0.0100%4h0.05037long leg$3.2M$1.1M25x
KuCoin BTRUSDTMshort+0.0100%4h0.05019−0.357%$1.4M$190K10x
HTX BTR-USDT+0.0100%4h0.05041+0.079%$11K$312K10xas long as short
Gate BTR_USDT+0.0120%8h0.05031−0.119%$731K$285K20xas long as short
Aster BTRUSDT+0.0689%4h0.05028−0.183%$89K$12K5xas long as short
BingX BTR-USDT+0.0692%4h0.05033−0.079%$6.5Mas long as short
MEXC BTR_USDT+0.0702%4h0.05040+0.060%$1.5M$153K20xas long as short
Binance BTRUSDT+0.0703%4h0.05040+0.061%$5.3M$3.9M10xas long as short