Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.098%
Price spread now: KuCoin against Bybit−0.212%7-day average +0.138% · you buy dearer than you sell
Net, funding: paid 7d − costs−$428as in the Funding arb table
Net, price: spread back to 7d avg − costs−$488as in the Price arb table
costs, in and out, $10k−$4534.532% of the position
Funding, last 7 days+0.252%+$25 on $10k
+Price spread, last 7 days+0.405%+$41 · spread now −0.212%, 7d avg +0.138%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.350% cheaper against Bybit than usual: you would sell low and buy high, −$35 on $10k if it goes back to its 7-day average of +0.138%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CPUSDT | 0.01417 | 0.0100 | pay 0.0050% / 4h | 25m 04s | $1.4M | $2.8M | 20x |
| Short | KuCoin CPUSDTM | 0.01414 | 0.0100 | get 0.0050% / 4h | 25m 04s | $200K | $893K | 20x |
Bybit CPUSDT
KuCoin CPUSDTMFunding 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
- $0
- Price spread: −0.212% → +0.138%
- −$35
- Slippage, 4 orders
- −$430.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$488.21
- Costs to cover
- 4.532%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 24 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, 2 min ago | 3.53 bp | 50.2 bp −$50 | 377.2 bp −$3,772 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 24 min ago | 10.67 bp | 181.5 bp −$182 | doesn't fit | doesn't fit | doesn't fit |
CP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDT | +0.0070% | 4h | 0.01415 | −0.141% | — | $1.0M | — | as long as short |
| Bybit CPUSDTlong | +0.0100% | 4h | 0.01417 | long leg | $1.4M | $2.8M | 20x | |
| Gate CP_USDT | +0.0100% | 4h | 0.01414 | −0.212% | $622K | $566K | 20x | as long as short |
| KuCoin CPUSDTMshort | +0.0100% | 4h | 0.01414 | −0.212% | $200K | $893K | 20x | |
| Bitget CPUSDT | +0.0100% | 4h | 0.01414 | −0.226% | $851K | $1.6M | 20x | as long as short |
| OKX CP-USDT-SWAP | +0.0103% | 4h | 0.01416 | −0.071% | $4.0M | $11.7M | 20x | as long as short |
| MEXC CP_USDT | +0.0104% | 4h | 0.01414 | −0.212% | $1.5M | $358K | 20x | as long as short |
| BloFin CP-USDT | +0.0148% | 4h | 0.01415 | −0.141% | $432 | $42K | 20x | as long as short |
BingX CP-USDT
Gate CP_USDT
Bitget CPUSDT
OKX CP-USDT-SWAP
MEXC CP_USDT
BloFin CP-USDT