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

CAP

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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 −0.063%
Price spread now: KuCoin against Bybit−0.043%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1771.765% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.577%+$58 on $10k
Price spread, last 7 days−0.371%−$37 · spread now −0.043%, 7d avg −0.042%
Together, before fees+0.206%+$21 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CAPUSDT0.046340.0100pay 0.0050% / 4h2h 37m$4.4M$3.8M10x
ShortKuCoin CAPUSDTM0.046320.0100get 0.0050% / 4h2h 37m$4.3M$1.3M10x

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 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: −0.043% → −0.042%
−$0.16
Slippage, 4 orders
−$153.52
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$176.68
Costs to cover
1.765%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 5 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 Bybit live order book, 5 min ago1.08 bp43.5 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago4.30 bp45.8 bp −$46461.0 bp −$4,610doesn't fitdoesn't fit

CAP on 14 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
gTrade (Gains Network) CAP/USDL 0.0000% / S 0.0000%1h0.04634+0.006%150xas long as short
BloFin CAP-USDT+0.0041%4h0.04633−0.022%$361K$60K10xas long as short
BingX CAP-USDT+0.0070%4h0.046340.000%$1.6Mas long as short
Lighter CAP+0.0096%1h0.04637+0.060%$19K$2K3xas long as short
Aster CAPUSDT+0.0100%4h0.04635+0.013%$25K$58K5xas long as short
Binance CAPUSDT+0.0100%4h0.04635+0.022%$8.7M$8.1M10xas long as short
Bybit CAPUSDTlong+0.0100%4h0.04634long leg$4.4M$3.8M10x
Gate CAP_USDT+0.0100%4h0.04635+0.022%$321K$1.1M20xas long as short
MEXC CAP_USDT+0.0100%4h0.046340.000%$547K$217K20xas long as short
KuCoin CAPUSDTMshort+0.0100%4h0.04632−0.043%$4.3M$1.3M10x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CAPUSDT+0.0100%4h0.04632−0.043%$1.0M$600K10xas long as short
Variational Omni CAP+0.0100%4h0.04647+0.286%$8K$8Kas long as short
Orderly PERP_CAP_USDC_mythos+0.0100%4h0.04636+0.032%$4K$2K10xas long as short
OKX CAP-USDT-SWAP+0.0214%4h0.04637+0.065%$1.9M$7.1M10xas long as short