Funding you earn now, next payment 04:00 UTC+0.0254%/8h= +27.8% APRpaid last 24h −1.104%
Price spread now: KuCoin against Bybit+0.585%7-day average −0.250% · you sell dearer than you buy
Net, funding: paid 7d − costs−$347as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1781.780% of the position
Funding, last 7 days−1.686%−$169 on $10k
+Price spread, last 7 days−1.961%−$196 · spread now +0.585%, 7d avg −0.250%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.835% dearer against Bybit than usual: you sell high and buy low: +$84 more if the spread goes back to its 7-day average of −0.250%. Mind the row above: over the last 7 days funding on this pair cost −1.686%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CVCUSDT | 0.02735 | 0.0100 | pay 0.0013% / 1h | 46m 05s | $1.7M | $1.6M | 25x |
| Short | KuCoin CVCUSDTM | 0.02751 | 0.0354 | get 0.0177% / 4h | 46m 05s | $1.4M | $409K | 30x |
Bybit CVCUSDT
KuCoin CVCUSDTMFunding 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
- $53.34
- Price spread: +0.585% → −0.250%
- $83.52
- Slippage, 4 orders
- −$155.05
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$41.19
- Costs to cover
- 1.780%
- Break-even
- 12.4 days
Slippage from Bybit: live order book, 5 min ago; KuCoin: 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 Bybit live order book, 5 min ago | 1.83 bp | 28.7 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 3.64 bp | 51.7 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
CVC 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CVCUSDT | +0.0100% | 4h | 0.02749 | +0.513% | $2.9M | $5.7M | 50x | as long as short |
| Bybit CVCUSDTlong | +0.0100% | 1h | 0.02735 | long leg | $1.7M | $1.6M | 25x | |
| Gate CVC_USDT | +0.0100% | 4h | 0.02746 | +0.402% | $217K | $311K | 25x | as long as short |
| MEXC CVC_USDT | +0.0100% | 4h | 0.02749 | +0.512% | $656K | $132K | 20x | as long as short |
| Bitget CVCUSDT | +0.0100% | 4h | 0.02750 | +0.548% | $445K | $464K | 50x | as long as short |
| BingX CVC-USDT | +0.0100% | 4h | 0.02744 | +0.329% | — | $2.4M | — | as long as short |
| Variational Omni CVC | +0.0100% | 1h | 0.02735 | 0.000% | $1K | $370 | — | as long as short |
| KuCoin CVCUSDTMshort | +0.0354% | 4h | 0.02751 | +0.585% | $1.4M | $409K | 30x |
Binance CVCUSDT
Gate CVC_USDT
MEXC CVC_USDT
Bitget CVCUSDT
BingX CVC-USDT
Variational Omni CVC