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

BTR

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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 0.000%
Price spread now: Bybit against KuCoin−0.020%7-day average +0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$769as in the Funding arb table
Net, price: spread back to 7d avg − costs−$779as in the Price arb table
costs, in and out, $10k−$7677.666% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.022%−$2 on $10k
Price spread, last 7 days+0.213%+$21 · spread now −0.020%, 7d avg +0.104%
Together, before fees+0.191%+$19 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: Bybit is 0.124% cheaper against KuCoin than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.104%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BTRUSDTM0.050470.0100pay 0.0050% / 4h1h 59m$1.4M$177K10x
ShortBybit BTRUSDT0.050460.0100get 0.0050% / 4h1h 59m$3.2M$1.1M25x

Funding 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 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: −0.020% → +0.104%
−$12.38
Slippage, 4 orders
−$743.57
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$778.95
Costs to cover
7.666%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 6 min ago19.83 bp188.1 bp −$188doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago4.94 bp178.7 bp −$179doesn'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 BTRUSDTshort+0.0100%4h0.05046−0.020%$3.2M$1.1M25x
KuCoin BTRUSDTMlong+0.0100%4h0.05047long leg$1.4M$177K10x
HTX BTR-USDT+0.0100%4h0.05067+0.396%$11K$314K10xas long as short
Gate BTR_USDT+0.0230%8h0.05046−0.020%$733K$286K20xas long as short
Aster BTRUSDT+0.0490%4h0.05050+0.062%$89K$10K5xas long as short
BingX BTR-USDT+0.0784%4h0.05049+0.040%$6.6Mas long as short
MEXC BTR_USDT+0.0822%4h0.05050+0.059%$1.5M$148K20xas long as short
Binance BTRUSDT+0.0823%4h0.05051+0.083%$5.4M$3.9M10xas long as short