Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin−0.107%7-day average −0.116% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,095as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,090as in the Price arb table
costs, in and out, $10k−$1,09110.909% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.107%, 7d avg −0.116%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CETUSUSDTM | 0.02698 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $470K | $253K | 30x |
| Short | Bybit CETUSUSDT | 0.02695 | 0.0100 | get 0.0050% / 4h | 3h 39m | $427K | $1.1M | 13x |
Funding 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: −0.107% → −0.116%
- $0.84
- Slippage, 4 orders
- −$1,067.85
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,090.01
- Costs to cover
- 10.909%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 12 min ago; Bybit: 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 KuCoin live order book, 12 min ago | 22.35 bp | 588.9 bp −$589 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 12.99 bp | 129.6 bp −$130 | doesn't fit | doesn't fit | doesn't fit |
CETUS on 10 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_CETUSUSD | −0.0788% | 1h | 0.02694 | −0.149% | $13K | $32K | 10x | as long as short |
| BloFin CETUS-USDT | +0.0041% | 4h | 0.02687 | −0.408% | $95K | $80K | 50x | as long as short |
| Binance CETUSUSDT | +0.0100% | 4h | 0.02694 | −0.166% | $1.5M | $6.1M | 50x | as long as short |
| Bybit CETUSUSDTshort | +0.0100% | 4h | 0.02695 | −0.107% | $427K | $1.1M | 13x | |
| Gate CETUS_USDT | +0.0100% | 4h | 0.02695 | −0.111% | $212K | $114K | 20x | as long as short |
| MEXC CETUS_USDT | +0.0100% | 4h | 0.02694 | −0.148% | $231K | $139K | 100x | as long as short |
| KuCoin CETUSUSDTMlong | +0.0100% | 4h | 0.02698 | long leg | $470K | $253K | 30x | |
| Bitget CETUSUSDT | +0.0100% | 4h | 0.02695 | −0.111% | $292K | $225K | 25x | as long as short |
| BingX CETUS-USDT | +0.0100% | 4h | 0.02694 | −0.148% | — | $1.4M | — | as long as short |
| Variational Omni CETUS | +0.0100% | 4h | 0.02695 | −0.123% | $6K | $14K | — | as long as short |
KuCoin CETUSUSDTM
Bybit CETUSUSDT
Kraken Futures PF_CETUSUSD
BloFin CETUS-USDT
Binance CETUSUSDT
Gate CETUS_USDT
MEXC CETUS_USDT
Bitget CETUSUSDT
BingX CETUS-USDT
Variational Omni CETUS