Settings8H · net · $10k
Funding arb · Price arb /

CROSS

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit−0.073%7-day average −0.142% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,880as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,885as in the Price arb table
costs, in and out, $10k−$1,89218.922% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.121%+$12 on $10k
Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.073%, 7d avg −0.142%
Together, before fees+0.169%+$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.069% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.142%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CROSSUSDT0.15070.0100pay 0.0050% / 4h3h 57m$682K$586K20x
ShortKuCoin CROSSUSDTM0.15060.0100get 0.0050% / 4h3h 57m$274K$28K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.073% → −0.142%
$6.9
Slippage, 4 orders
−$1,869.23
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,885.32
Costs to cover
18.922%
Break-even
never at this rate
Slippage from Bybit: live order book, 58 min ago; KuCoin: live order book, 14 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 58 min ago3.66 bp144.1 bp −$144doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 14 min ago25.39 bp762.3 bp −$762doesn't fitdoesn't fitdoesn't fit

CROSS on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CROSSUSDT+0.0100%4h0.1509+0.096%$1.6M$2.7M40xas long as short
Bybit CROSSUSDTlong+0.0100%4h0.1507long leg$682K$586K20x
Gate CROSS_USDT+0.0100%4h0.1509+0.133%$186K$41K20xas long as short
MEXC CROSS_USDT+0.0100%4h0.1509+0.106%$315K$143K100xas long as short
KuCoin CROSSUSDTMshort+0.0100%4h0.1506−0.073%$274K$28K20x
Bitget CROSSUSDT+0.0100%4h0.1505−0.146%$1.3M$168K20xas long as short
BingX CROSS-USDT+0.0100%4h0.1507+0.007%$1.3Mas long as short
Variational Omni CROSS+0.0100%4h0.1510+0.195%$695$2Kas long as short