Funding you earn now, next payment 08:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.19 per $10,000 · paid last 24h +0.095%
Price spread now: Bybit against KuCoin+0.065%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,579as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,568as in the Price arb table
costs, in and out, $10k−$1,57715.771% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now +0.065%, 7d avg −0.023%
=The price spread pays, funding is against you. Bybit is 0.088% dearer against KuCoin than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of −0.023%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.7 days. At the pace of the last 7 days (−0.017% in total) that is about 37 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin COAIUSDTM | 0.3232 | 0.0138 | pay 0.0069% / 4h | 2h 35m | $2.4M | $2.2M | 10x |
| Short | Bybit COAIUSDT | 0.3234 | 0.0100 | get 0.0050% / 4h | 2h 35m | $2.8M | $405K | 13x |
KuCoin COAIUSDTM
Bybit COAIUSDTFunding 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
- −$7.98
- Price spread: +0.065% → −0.023%
- $8.83
- Slippage, 4 orders
- −$1,554.06
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,576.21
- Costs to cover
- 15.771%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Bybit: live order book, 7 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, 6 min ago | 7.89 bp | 978.4 bp −$978 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 7 min ago | 4.64 bp | 69.0 bp −$69 | 430.2 bp −$4,302 | doesn't fit | doesn't fit |
COAI on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT COAI_USDT_Perp | 0.0000% | 4h | 0.2809 | −13.084% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDTshort | +0.0100% | 4h | 0.3234 | +0.065% | $2.8M | $405K | 13x | |
| Gate COAI_USDT | +0.0100% | 8h | 0.3228 | −0.121% | $1.4M | $76K | 10x | as long as short |
| Bitget COAIUSDT | +0.0100% | 4h | 0.3239 | +0.220% | $2.2M | $211K | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3232 | +0.006% | $2K | $1.0M | 20x | as long as short |
| Aster COAIUSDT | +0.0104% | 4h | 0.3239 | +0.217% | $35K | $14K | 5x | as long as short |
| KuCoin COAIUSDTMlong | +0.0138% | 4h | 0.3232 | long leg | $2.4M | $2.2M | 10x | |
| OKX COAI-USDT-SWAP | +0.0227% | 4h | 0.3239 | +0.220% | $1.2M | $451K | 10x | as long as short |
| MEXC COAI_USDT | +0.0374% | 4h | 0.3238 | +0.189% | $2.9M | $357K | 50x | as long as short |
| Binance COAIUSDT | +0.0379% | 4h | 0.3242 | +0.313% | $3.4M | $1.3M | 10x | as long as short |
GRVT COAI_USDT_Perp
Gate COAI_USDT
Bitget COAIUSDT
SunX COAI-USDT
Aster COAIUSDT
OKX COAI-USDT-SWAP
MEXC COAI_USDT
Binance COAIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX COAI-USDT | +0.0382% | 4h | 0.3238 | +0.189% | — | $2.3M | — | as long as short |
BingX COAI-USDT