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−0.075%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$738as in the Funding arb table
Net, price: spread back to 7d avg − costs−$736as in the Price arb table
costs, in and out, $10k−$7307.302% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.075%, 7d avg −0.017%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.059% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CELOUSDTM | 0.09280 | 0.0100 | pay 0.0100% / 8h | 2h 38m | $321K | $265K | 50x |
| Short | Bybit CELOUSDT | 0.09273 | 0.0100 | get 0.0100% / 8h | 2h 38m | $1.2M | $817K | 50x |
KuCoin CELOUSDTM
Bybit CELOUSDTFunding 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: −0.075% → −0.017%
- −$5.88
- Slippage, 4 orders
- −$707.18
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$736.06
- Costs to cover
- 7.302%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 19 min ago; Bybit: live order book, 2 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, 19 min ago | 5.33 bp | 306.7 bp −$307 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 4.85 bp | 103.0 bp −$103 | 396.9 bp −$3,969 | doesn't fit | doesn't fit |
CELO on 13 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_CELOUSD | −0.0988% | 1h | 0.09292 | +0.127% | $18K | $8K | 10x | as long as short |
| Variational Omni CELO | −0.0020% | 8h | 0.09293 | +0.141% | $10K | $462 | — | as long as short |
| BloFin CELO-USDT | +0.0076% | 8h | 0.09326 | +0.496% | $98K | $19K | 75x | as long as short |
| Hyperliquid CELO | +0.0100% | 1h | 0.09285 | +0.056% | $203K | $204K | 3x | as long as short |
| Binance CELOUSDT | +0.0100% | 8h | 0.09291 | +0.118% | $1.9M | $3.5M | 50x | as long as short |
| Bybit CELOUSDTshort | +0.0100% | 8h | 0.09273 | −0.075% | $1.2M | $817K | 50x | |
| OKX CELO-USDT-SWAP | +0.0100% | 8h | 0.09273 | −0.075% | $478K | $719K | 20x | as long as short |
| Gate CELO_USDT | +0.0100% | 8h | 0.09290 | +0.108% | $134K | $77K | 50x | as long as short |
| MEXC CELO_USDT | +0.0100% | 8h | 0.09275 | −0.054% | $566K | $261K | 50x | as long as short |
| KuCoin CELOUSDTMlong | +0.0100% | 8h | 0.09280 | long leg | $321K | $265K | 50x |
Kraken Futures PF_CELOUSD
Variational Omni CELO
BloFin CELO-USDT
Hyperliquid CELO
Binance CELOUSDT
OKX CELO-USDT-SWAP
Gate CELO_USDT
MEXC CELO_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CELOUSDT | +0.0100% | 8h | 0.09273 | −0.075% | $837K | $406K | 50x | as long as short |
| BingX CELO-USDT | +0.0100% | 8h | 0.09285 | +0.054% | — | $2.4M | — | as long as short |
| Injective CELO/USDC PERP | +0.5000% | 1h | 0.09900 | +6.681% | $746 | $1K | 5.5x | as long as short |
Bitget CELOUSDT
BingX CELO-USDT
Injective CELO/USDC PERP