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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BTRUSDT | 0.05037 | 0.0100 | pay 0.0050% / 4h | 1h 13m | $3.2M | $1.1M | 25x |
| Short | KuCoin BTRUSDTM | 0.05019 | 0.0100 | get 0.0050% / 4h | 1h 13m | $1.4M | $190K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 4 min ago | 3.97 bp | 175.4 bp −$175 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 14.97 bp | 196.8 bp −$197 | doesn't fit | doesn't fit | doesn't fit |
BTR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTRUSDTlong | +0.0100% | 4h | 0.05037 | long leg | $3.2M | $1.1M | 25x | |
| KuCoin BTRUSDTMshort | +0.0100% | 4h | 0.05019 | −0.357% | $1.4M | $190K | 10x | |
| HTX BTR-USDT | +0.0100% | 4h | 0.05041 | +0.079% | $11K | $312K | 10x | as long as short |
| Gate BTR_USDT | +0.0120% | 8h | 0.05031 | −0.119% | $731K | $285K | 20x | as long as short |
| Aster BTRUSDT | +0.0689% | 4h | 0.05028 | −0.183% | $89K | $12K | 5x | as long as short |
| BingX BTR-USDT | +0.0692% | 4h | 0.05033 | −0.079% | — | $6.5M | — | as long as short |
| MEXC BTR_USDT | +0.0702% | 4h | 0.05040 | +0.060% | $1.5M | $153K | 20x | as long as short |
| Binance BTRUSDT | +0.0703% | 4h | 0.05040 | +0.061% | $5.3M | $3.9M | 10x | as long as short |
Bybit BTRUSDT
KuCoin BTRUSDTM
HTX BTR-USDT
Gate BTR_USDT
Aster BTRUSDT
BingX BTR-USDT
MEXC BTR_USDT
Binance BTRUSDT