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Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	KuCoinCUSDTM	0.07380	+0.0100	pay 0.0050% / 4h	2h 04m	$333K	$13K	25x	Long KuCoin
SHORT	BybitCUSDT	0.07387	−0.1357	pay 0.0679% / 4h	2h 04m	$274K	$117K	12.5x	Short Bybit

Price gap+0.095%

Funding gap−0.1457% /8h

Funding costs $44 a day on $10k at the current rate. Swap the legs.

If you open now and hold

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

Funding−$10−0.1457% /8h now · paid −0.100% over the last 7D

Price−$1spread +0.095% now, avg +0.100% → −0.005% if it goes back

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

Result−$1,380−13.80%no points

The current funding rate is far below 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+0.095%

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

1 ok · 3 to watch

Watch: Thin at this size755.8 / 86.9 bp
At $10k entering KuCoin costs 755.8 bp, fee and slippage, 8.7× Bybit’s.
Note: Margin at max leverage$400 + $800
KuCoin 25x, Bybit 12.5x. 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: −$43.72Long KuCoin: 6 payments, −$3.00; short Bybit: 6 payments, −$40.72.
Note: Gap at its usual level+0.095% vs +0.100%
The price leg adds little either way.
Watch: Short leg is thinner$274K vs $333K OI
Bybit sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCKuCoin Yes · Bybit Yes
Standard KYC (ID and face check) for any product since Aug 2023.

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+0.095% → +0.100% (7d avg)−$0.54

Slippage, 4 orderslive order books−$1,346.59

Fee KuCoin bp × 2 orders−$12.00

Fee Bybit bp × 2 orders−$11.00

Net · 7 days · $10k−$1,380.08

Costs to cover13.696%Break-evennever at this rate

Slippage: KuCoin: live order book, 24 min ago; Bybit: live order book, 22 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGKuCoin27.33755.8 bp−$756doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTBybit8.1686.9 bp−$87281.7 bp−$2,817doesn’t fitdoesn’t fit

Closing costs about the same again.

C