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

CTR

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.015%
Price spread now: Bybit against KuCoin+0.160%7-day average +0.115% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,553as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,550as in the Price arb table
costs, in and out, $10k−$2,55425.543% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$2 on $10k
Price spread, last 4 days (all we have)−0.085%−$8 · spread now +0.160%, 7d avg +0.115%
Together, before fees−0.069%−$7 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: Bybit is 0.045% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.115%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CTRUSDTM0.011880.0100pay 0.0050% / 4h1h 00m$276K$345K20x
ShortBybit CTRUSDT0.011900.0100get 0.0050% / 4h1h 00m$250K$123K20x

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 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: +0.160% → +0.115%
$4.5
Slippage, 4 orders
−$2,531.3
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$2,549.8
Costs to cover
25.543%
Break-even
never at this rate
Slippage from KuCoin: live order book, 70 min ago; Bybit: live order book, 73 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 KuCoin live order book, 70 min ago4.21 bp908.9 bp −$909doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 73 min ago4.20 bp469.9 bp −$470doesn't fitdoesn't fitdoesn't fit

CTR 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
Lighter CTR+0.0096%1h0.011880.000%$10K$3193xas long as short
Bybit CTRUSDTshort+0.0100%4h0.01190+0.160%$250K$123K20x
Gate CTR_USDT+0.0100%4h0.01193+0.421%$115K$16K20xas long as short
KuCoin CTRUSDTMlong+0.0100%4h0.01188long leg$276K$345K20x
Aster CTRUSDT+0.0430%4h0.01189+0.079%$9K$6K5xas long as short
Bitget CTRUSDT+0.0622%4h0.01192+0.337%$544K$56K20xas long as short
MEXC CTR_USDT+0.0710%4h0.01191+0.210%$602K$159K20xas long as short
Binance CTRUSDT+0.0711%4h0.01190+0.202%$2.2M$815K20xas long as short