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−0.055%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$922as in the Funding arb table
Net, price: spread back to 7d avg − costs−$957as in the Price arb table
costs, in and out, $10k−$9519.515% of the position
Funding, last 7 days+0.291%+$29 on $10k
+Price spread, last 4 days (all we have)−0.104%−$10 · spread now −0.055%, 7d avg −0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.054% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin C98USDTM | 0.01623 | 0.0100 | pay 0.0100% / 8h | 2h 37m | $196K | $39K | 20x |
| Short | Bybit C98USDT | 0.01622 | 0.0100 | get 0.0100% / 8h | 2h 37m | $860K | $331K | 25x |
KuCoin C98USDTM
Bybit C98USDTFunding 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 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: −0.055% → −0.001%
- −$5.4
- Slippage, 4 orders
- −$928.49
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$956.89
- Costs to cover
- 9.515%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 18 min ago; Bybit: live order book, 8 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 KuCoin live order book, 18 min ago | 21.40 bp | 273.0 bp −$273 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 8 min ago | 15.34 bp | 118.6 bp −$119 | doesn't fit | doesn't fit | doesn't fit |
C98 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_C98USD | −0.0025% | 1h | 0.01613 | −0.597% | $17K | $2K | 10x | as long as short |
| BloFin C98-USDT | +0.0084% | 8h | 0.01620 | −0.185% | $131K | $18K | 50x | as long as short |
| Binance C98USDT | +0.0100% | 8h | 0.01621 | −0.123% | $1.4M | $2.1M | 50x | as long as short |
| Bybit C98USDTshort | +0.0100% | 8h | 0.01622 | −0.055% | $860K | $331K | 25x | |
| Gate C98_USDT | +0.0100% | 8h | 0.01627 | +0.246% | $105K | $47K | 25x | as long as short |
| MEXC C98_USDT | +0.0100% | 8h | 0.01620 | −0.185% | $280K | $105K | 100x | as long as short |
| KuCoin C98USDTMlong | +0.0100% | 8h | 0.01623 | long leg | $196K | $39K | 20x | |
| Bitget C98USDT | +0.0100% | 8h | 0.01622 | −0.062% | $190K | $352K | 50x | as long as short |
| Variational Omni C98 | +0.0100% | 8h | 0.01622 | −0.046% | $8K | $202 | — | as long as short |
Kraken Futures PF_C98USD
BloFin C98-USDT
Binance C98USDT
Gate C98_USDT
MEXC C98_USDT
Bitget C98USDT
Variational Omni C98