Funding you earn now, next payment 04:00 UTC+0.0251%/8h= +27.5% APRnext payment +$1.25 per $10,000 · paid last 24h +0.002%
Price spread now: KuCoin against Bybit+0.077%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$477as in the Funding arb table
Net, price: spread back to 7d avg − costs−$484as in the Price arb table
costs, in and out, $10k−$4874.870% of the position
Funding, last 7 days+0.096%+$10 on $10k
+Price spread, last 4 days (all we have)−0.165%−$17 · spread now +0.077%, 7d avg +0.043%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.034% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.043%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.096% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.25 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 CCUSDT | 0.1165 | −0.0151 | get 0.0075% / 4h | 49m 29s | $10.6M | $3.8M | 25x |
| Short | KuCoin CCUSDTM | 0.1166 | 0.0100 | get 0.0050% / 4h | 49m 29s | $481K | $122K | 50x |
Bybit CCUSDT
KuCoin CCUSDTMFunding 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
- $52.66
- Price spread: +0.077% → +0.043%
- $3.4
- Slippage, 4 orders
- −$464.04
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$430.98
- Costs to cover
- 4.870%
- Break-even
- 64.3 days
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 33 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, 4 min ago | 4.28 bp | 34.0 bp −$34 | 473.0 bp −$4,730 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 33 min ago | 22.44 bp | 189.4 bp −$189 | doesn't fit | doesn't fit | doesn't fit |
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.3024% | 1h | 0.1180 | +1.261% | $402 | $3K | 5.5x | as long as short |
| MEXC CC_USDT | −0.0158% | 4h | 0.1164 | −0.077% | $1.7M | $323K | 100x | as long as short |
| Bybit CCUSDTlong | −0.0151% | 4h | 0.1165 | long leg | $10.6M | $3.8M | 25x | |
| Paradex CC-USD-PERP | +0.0097% | 8h | 0.1165 | −0.067% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1166 | +0.098% | $5.5M | $1.4M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1167 | +0.147% | $34K | $32K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1164 | −0.069% | $11.0M | $12.1M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1165 | −0.026% | $2.5M | $3.4M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1165 | −0.051% | $361K | $216K | 50x | as long as short |
| KuCoin CCUSDTMshort | +0.0100% | 4h | 0.1166 | +0.077% | $481K | $122K | 50x |
Injective CC/USDC PERP
MEXC CC_USDT
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1165 | −0.009% | $912K | $772K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1165 | −0.051% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1163 | −0.163% | $15K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1166 | +0.064% | $594K | $55K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1167 | +0.188% | $81K | $2.4M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1164 | −0.150% | $6K | $35K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1166 | +0.077% | $596K | $98K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0447% / S −0.0241% | 1h | 0.1165 | −0.018% | $43K | — | 50x | as long as short |
| Lighter CC | +0.0856% | 1h | 0.1170 | +0.420% | $242K | $160K | 5x | as long as short |
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Lighter CC