C

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BybitCUSDT	0.07364	−0.1412	get 0.0706% / 4h	1h 59m	$273K	$117K	12.5x	Long Bybit
SHORT	KuCoinCUSDTM	0.07373	+0.0100	get 0.0050% / 4h	1h 59m	$333K	$13K	25x	Short KuCoin

Price gap+0.122%

Funding gap+0.1512% /8h

Both sides work: funding pays +$45 a day on $10k, and the gap is 0.222% above its 7d average: +$22 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$10+0.1512% /8h now · paid +0.100% over the last 7D

Price+$22spread +0.122% now, avg −0.100% → +0.222% if it goes back

Costs−$1,37013.696% of $10k · taker + slippage, in and out

Result−$1,337−13.37%no points

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.100% in total, about +0.0047%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.122%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

C on 9 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size85.6 / 441.3 bp
At $10k entering KuCoin costs 441.3 bp, fee and slippage, 5.2× Bybit’s.
Note: Margin at max leverage$800 + $400
Bybit 12.5x, KuCoin 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$45.36Long Bybit: 6 payments, +$42.36; short KuCoin: 6 payments, +$3.00.
OK: Entry gap works for you+0.122% vs −0.100%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$273K vs $333K OI
Bybit sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBybit Yes · KuCoin Yes
Standard verification is mandatory for every product.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0047%/8h × 21 periods+$9.96

Price spread+0.122% → −0.100% (7d avg)+$22.23

Slippage, 4 orderslive order books−$1,346.59

Fee Bybit bp × 2 orders−$11.00

Fee KuCoin bp × 2 orders−$12.00

Net · 7 days · $10k−$1,337.39

Costs to cover13.696%Break-even947.2 days

Slippage: Bybit: live order book, 27 min ago; KuCoin: live order book, 29 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBybit8.1685.6 bp−$86doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTKuCoin27.33441.3 bp−$441doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

C