Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.029%
Price spread now: KuCoin against Bybit−0.015%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$910as in the Funding arb table
Net, price: spread back to 7d avg − costs−$891as in the Price arb table
costs, in and out, $10k−$8948.940% of the position
Funding, last 7 days−0.164%−$16 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.015%, 7d avg −0.042%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.027% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ERAUSDT | 0.06675 | 0.0100 | pay 0.0050% / 4h | 52m 04s | $808K | $708K | 25x |
| Short | KuCoin ERAUSDTM | 0.06674 | 0.0100 | get 0.0050% / 4h | 52m 04s | $122K | $61K | 25x |
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 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: −0.015% → −0.042%
- $2.67
- Slippage, 4 orders
- −$870.97
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$891.3
- Costs to cover
- 8.940%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 51 min ago; KuCoin: live order book, 34 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, 51 min ago | 1.49 bp | 73.4 bp −$73 | 306.5 bp −$3,065 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 34 min ago | 18.71 bp | 479.2 bp −$479 | doesn't fit | doesn't fit | doesn't fit |
ERA on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ERAUSDT | +0.0100% | 4h | 0.06670 | −0.070% | $5K | $7K | 5x | as long as short |
| Binance ERAUSDT | +0.0100% | 4h | 0.06674 | −0.015% | $2.1M | $3.5M | 25x | as long as short |
| Bybit ERAUSDTlong | +0.0100% | 4h | 0.06675 | long leg | $808K | $708K | 25x | |
| Gate ERA_USDT | +0.0100% | 4h | 0.06668 | −0.105% | $140K | $613K | 25x | as long as short |
| MEXC ERA_USDT | +0.0100% | 4h | 0.06674 | −0.015% | $504K | $126K | 20x | as long as short |
| KuCoin ERAUSDTMshort | +0.0100% | 4h | 0.06674 | −0.015% | $122K | $61K | 25x | |
| Bitget ERAUSDT | +0.0100% | 4h | 0.06675 | 0.000% | $805K | $226K | 25x | as long as short |
| BingX ERA-USDT | +0.0100% | 4h | 0.06676 | +0.015% | — | $6.5M | — | as long as short |
| Variational Omni ERA | +0.0100% | 4h | 0.06687 | +0.176% | $10K | $578 | — | as long as short |
Bybit ERAUSDT
KuCoin ERAUSDTM
Aster ERAUSDT
Binance ERAUSDT
Gate ERA_USDT
MEXC ERA_USDT
Bitget ERAUSDT
BingX ERA-USDT
Variational Omni ERA