Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.099%
Price spread now: Bybit against KuCoin−0.363%7-day average −0.140% · you buy dearer than you sell
Net, funding: paid 7d − costs−$546as in the Funding arb table
Net, price: spread back to 7d avg − costs−$543as in the Price arb table
costs, in and out, $10k−$5215.208% of the position
Funding, last 7 days−0.254%−$25 on $10k
+Price spread, last 7 days+0.156%+$16 · spread now −0.363%, 7d avg −0.140%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.223% cheaper against KuCoin than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of −0.140%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CPUSDTM | 0.01378 | 0.0100 | pay 0.0050% / 4h | 2h 27m | $196K | $907K | 20x |
| Short | Bybit CPUSDT | 0.01373 | 0.0100 | get 0.0050% / 4h | 2h 27m | $1.4M | $2.5M | 20x |
KuCoin CPUSDTM
Bybit CPUSDTFunding 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: −0.363% → −0.140%
- −$22.3
- Slippage, 4 orders
- −$497.78
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$543.08
- Costs to cover
- 5.208%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 32 min ago; Bybit: live order book, 5 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, 32 min ago | 11.06 bp | 251.8 bp −$252 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 7.34 bp | 44.3 bp −$44 | 329.2 bp −$3,292 | doesn't fit | doesn't fit |
CP on 7 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 | 0.01374 | −0.290% | — | $1.0M | — | as long as short |
| Bybit CPUSDTshort | +0.0100% | 4h | 0.01373 | −0.363% | $1.4M | $2.5M | 20x | |
| OKX CP-USDT-SWAP | +0.0100% | 4h | 0.01373 | −0.363% | $3.8M | $11.1M | 20x | as long as short |
| Gate CP_USDT | +0.0100% | 4h | 0.01375 | −0.218% | $572K | $524K | 20x | as long as short |
| MEXC CP_USDT | +0.0100% | 4h | 0.01374 | −0.290% | $1.5M | $380K | 20x | as long as short |
| KuCoin CPUSDTMlong | +0.0100% | 4h | 0.01378 | long leg | $196K | $907K | 20x | |
| Bitget CPUSDT | +0.0100% | 4h | 0.01375 | −0.210% | $772K | $1.5M | 20x | as long as short |
BingX CP-USDT
OKX CP-USDT-SWAP
Gate CP_USDT
MEXC CP_USDT
Bitget CPUSDT