Funding you earn now, next payment 08:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.36 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit+0.188%7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1871.875% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.188%, 7d avg +0.121%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.067% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.121%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CHZUSDT | 0.01599 | 0.0064 | pay 0.0064% / 8h | 7h 37m | $4.1M | $1.4M | 75x |
| Short | KuCoin CHZUSDTM | 0.01602 | 0.0100 | get 0.0100% / 8h | 7h 37m | $716K | $152K | 50x |
Bybit CHZUSDT
KuCoin CHZUSDTMFunding 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
- $7.65
- Price spread: +0.188% → +0.121%
- $6.71
- Slippage, 4 orders
- −$164.46
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$173.1
- Costs to cover
- 1.875%
- Break-even
- 165.3 days
Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 16 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, 5 min ago | 6.23 bp | 23.3 bp −$23 | 83.2 bp −$832 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 16 min ago | 6.23 bp | 70.5 bp −$71 | 152.2 bp −$1,522 | doesn't fit | doesn't fit |
CHZ 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX CHZ-USD | −0.0620% | 1h | 0.01604 | +0.305% | $2K | $5 | 5x | as long as short |
| Injective CHZ/USDC PERP | +0.0033% | 1h | 0.01574 | −1.563% | $1K | $7 | 5.5x | as long as short |
| Kraken Futures PF_CHZUSD | +0.0050% | 1h | 0.01604 | +0.330% | $77K | $53K | 25x | as long as short |
| Bybit CHZUSDTlong | +0.0064% | 8h | 0.01599 | long leg | $4.1M | $1.4M | 75x | |
| Aster CHZUSDT | +0.0100% | 8h | 0.01605 | +0.382% | $21K | $6K | 10x | as long as short |
| Binance CHZUSDT | +0.0100% | 8h | 0.01603 | +0.250% | $6.9M | $12.1M | 75x | as long as short |
| OKX CHZ-USDT-SWAP | +0.0100% | 8h | 0.01604 | +0.313% | $1.6M | $3.2M | 50x | as long as short |
| Gate CHZ_USDT | +0.0100% | 8h | 0.01602 | +0.188% | $326K | $323K | 50x | as long as short |
| MEXC CHZ_USDT | +0.0100% | 8h | 0.01603 | +0.250% | $4.4M | $917K | 200x | as long as short |
| KuCoin CHZUSDTMshort | +0.0100% | 8h | 0.01602 | +0.188% | $716K | $152K | 50x |
dYdX CHZ-USD
Injective CHZ/USDC PERP
Kraken Futures PF_CHZUSD
Aster CHZUSDT
Binance CHZUSDT
OKX CHZ-USDT-SWAP
Gate CHZ_USDT
MEXC CHZ_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CHZUSDT | +0.0100% | 8h | 0.01600 | +0.063% | $3.8M | $792K | 75x | as long as short |
| BingX CHZ-USDT | +0.0100% | 8h | 0.01603 | +0.250% | — | $2.4M | — | as long as short |
| Variational Omni CHZ | +0.0100% | 8h | 0.01604 | +0.328% | $4K | $4K | — | as long as short |
| ApeX Omni CHZUSDT | +0.0100% | 1h | 0.01607 | +0.500% | $45K | $670K | 50x | as long as short |
| SoDEX CHZ-USD | +0.0100% | 1h | 0.01602 | +0.188% | $295 | $6K | 5x | as long as short |
| HTX CHZ-USDT | +0.0100% | 8h | 0.01599 | 0.000% | $53K | $84K | 20x | as long as short |
| Extended CHZ-USD | +0.0104% | 1h | 0.01603 | +0.226% | $2K | $334K | 10x | as long as short |
| BloFin CHZ-USDT | +0.0106% | 8h | 0.01606 | +0.438% | $328K | $27K | 75x | as long as short |
| GMX CHZ/USD [ETH-USDC] | L +0.0416% / S −0.0122% | 1h | 0.01602 | +0.194% | $8K | — | 50x | as long as short |
Bitget CHZUSDT
BingX CHZ-USDT
Variational Omni CHZ
ApeX Omni CHZUSDT
SoDEX CHZ-USD
HTX CHZ-USDT
Extended CHZ-USD
BloFin CHZ-USDT
GMX CHZ/USD [ETH-USDC]