Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.030%
Price spread now: Bybit against KuCoin−0.068%7-day average +0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$288as in the Price arb table
costs, in and out, $10k−$2702.703% of the position
Funding, last 7 days+0.375%+$37 on $10k
+Price spread, last 7 days+0.052%+$5 · spread now −0.068%, 7d avg +0.112%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.180% cheaper against KuCoin than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.112%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin COTIUSDTM | 0.01476 | 0.0100 | pay 0.0050% / 4h | 3h 13m | $1.9M | $1.8M | 50x |
| Short | Bybit COTIUSDT | 0.01475 | 0.0100 | get 0.0100% / 8h | 7h 13m | $3.7M | $8.2M | 50x |
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: −0.068% → +0.112%
- −$17.96
- Slippage, 4 orders
- −$247.28
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$288.24
- Costs to cover
- 2.703%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Bybit: live order book, 4 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, 2 min ago | 10.22 bp | 54.9 bp −$55 | 389.1 bp −$3,891 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.44 bp | 95.0 bp −$95 | 211.5 bp −$2,115 | doesn't fit | doesn't fit |
COTI 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COTIUSDT | −0.0588% | 4h | 0.01475 | −0.065% | $8K | $299K | 5x | as long as short |
| Binance COTIUSDT | −0.0466% | 4h | 0.01473 | −0.182% | $7.6M | $37.2M | 50x | as long as short |
| MEXC COTI_USDT | −0.0460% | 4h | 0.01475 | −0.068% | $12.5M | $2.0M | 50x | as long as short |
| BloFin COTI-USDT | −0.0222% | 4h | 0.01468 | −0.522% | $420K | $517K | 50x | as long as short |
| Bybit COTIUSDTshort | +0.0100% | 8h | 0.01475 | −0.068% | $3.7M | $8.2M | 50x | |
| Gate COTI_USDT | +0.0100% | 4h | 0.01476 | 0.000% | $435K | $924K | 25x | as long as short |
| KuCoin COTIUSDTMlong | +0.0100% | 4h | 0.01476 | long leg | $1.9M | $1.8M | 50x | |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01477 | +0.068% | $3.2M | $2.7M | 50x | as long as short |
| BingX COTI-USDT | +0.0100% | 4h | 0.01474 | −0.142% | — | $1.6M | — | as long as short |
| Variational Omni COTI | +0.0100% | 8h | 0.01464 | −0.811% | $30K | $37K | — | as long as short |
KuCoin COTIUSDTM
Bybit COTIUSDT
Aster COTIUSDT
Binance COTIUSDT
MEXC COTI_USDT
BloFin COTI-USDT
Gate COTI_USDT
Bitget COTIUSDT
BingX COTI-USDT
Variational Omni COTI