Funding you earn now, next payment 04:00 UTC−0.1164%/8h= −127.5% APRnext payment −$5.82 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit−0.157%7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$251as in the Funding arb table
Net, price: spread back to 7d avg − costs−$253as in the Price arb table
costs, in and out, $10k−$2472.470% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 7 days+0.221%+$22 · spread now −0.157%, 7d avg −0.099%
=Both sides work against this trade now: funding costs −$35 a day on $10k at the current rate, and KuCoin is 0.058% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.099%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.039% in total (about -2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.82 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CASHCATUSDT | 0.1659 | 0.1264 | pay 0.0632% / 4h | 2h 40m | $12.5M | $18.6M | 10x |
| Short | KuCoin CASHCATUSDTM | 0.1656 | 0.0100 | get 0.0050% / 4h | 2h 40m | $585K | $2.4M | 10x |
Bybit CASHCATUSDT
KuCoin CASHCATUSDTMFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$244.5
- Price spread: −0.157% → −0.099%
- −$5.76
- Slippage, 4 orders
- −$224.03
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$497.29
- Costs to cover
- 2.470%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 1 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 Bybit live order book, 3 min ago | 1.49 bp | 51.7 bp −$52 | 155.5 bp −$1,555 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 5.70 bp | 80.6 bp −$81 | doesn't fit | doesn't fit | doesn't fit |
CASHCAT on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado CASHCAT-PERP | +0.0100% | 1h | 0.1654 | −0.274% | $247K | $189K | 5x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1656 | −0.169% | $45.4M | $20.6M | 3x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1658 | −0.024% | $1.4M | $1.9M | 20x | as long as short |
| KuCoin CASHCATUSDTMshort | +0.0100% | 4h | 0.1656 | −0.157% | $585K | $2.4M | 10x | |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1667 | +0.479% | $1.4M | $1.4M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1673 | +0.856% | $75K | $64K | 50x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0100% | 1h | 0.1658 | −0.030% | $67K | $1.3M | 3x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1667 | +0.468% | — | $2.6M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1665 | +0.368% | $500 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1670 | +0.691% | $18K | $369K | 10x | as long as short |
Nado CASHCAT-PERP
Hyperliquid CASHCAT
Gate CASHCAT_USDT
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
Polymarket Perps CASHCAT-USD
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended CASHCAT-USD | +0.0104% | 1h | 0.1662 | +0.190% | $116K | $479K | 5x | as long as short |
| Lighter RH CASHCAT | +0.0288% | 1h | 0.1667 | +0.470% | $324K | $810K | 3x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0390% | 4h | 0.1664 | +0.307% | $1.3M | $10.8M | 20x | as long as short |
| Lighter CASHCAT | +0.0456% | 1h | 0.1666 | +0.458% | $1.2M | $1.7M | 3x | as long as short |
| BloFin CASHCAT-USDT | +0.0642% | 4h | 0.1672 | +0.790% | $51K | $490K | 20x | as long as short |
| Bybit CASHCATUSDTlong | +0.1264% | 4h | 0.1659 | long leg | $12.5M | $18.6M | 10x | |
| BingX CASHCAT-USDT | +0.1280% | 4h | 0.1661 | +0.127% | — | $1.0M | — | as long as short |
| MEXC CASHCAT_USDT | +0.1322% | 4h | 0.1659 | −0.012% | $8.3M | $496K | 20x | as long as short |
| edgeX CASHCATUSDC | +0.1542% | 4h | 0.1674 | +0.935% | $50K | $170K | 5x | as long as short |
| Aster CASHCATUSDT | +0.1667% | 1h | 0.1662 | +0.211% | $549K | $1.1M | 10x | as long as short |
| Arcus CASHCAT-USD | +0.2842% | 1h | 0.1666 | +0.428% | $115K | $224K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1693 | +2.056% | $8K | $12K | 5.5x | as long as short |
Extended CASHCAT-USD
Lighter RH CASHCAT
OKX CASHCAT-USDT-SWAP
Lighter CASHCAT
BloFin CASHCAT-USDT
BingX CASHCAT-USDT
MEXC CASHCAT_USDT
edgeX CASHCATUSDC
Aster CASHCATUSDT
Arcus CASHCAT-USD
Injective CASHCAT/USDC PERP