Funding you earn now, next payment 04:00 UTC−0.0709%/8h= −77.6% APRnext payment −$3.54 per $10,000 · paid last 24h −0.876%
Price spread now: KuCoin against Bybit+0.117%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$313as in the Funding arb table
Net, price: spread back to 7d avg − costs−$243as in the Price arb table
costs, in and out, $10k−$2522.523% of the position
Funding, last 7 days−0.608%−$61 on $10k
+Price spread, last 7 days−0.180%−$18 · spread now +0.117%, 7d avg +0.025%
=The price spread pays, funding is against you. KuCoin is 0.092% dearer against Bybit than usual: you sell high and buy low (spread +0.117% now, against its 7-day average of +0.025%): +$9 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.608% in total) that is about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ESPUSDT | 0.09368 | 0.0809 | pay 0.0404% / 4h | 2h 28m | $1.1M | $624K | 50x |
| Short | KuCoin ESPUSDTM | 0.09379 | 0.0100 | get 0.0050% / 4h | 2h 28m | $1.5M | $50K | 25x |
Bybit ESPUSDT
KuCoin ESPUSDTMFunding 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
- −$148.81
- Price spread: +0.117% → +0.025%
- $9.19
- Slippage, 4 orders
- −$229.3
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$391.91
- Costs to cover
- 2.523%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 3 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, 2 min ago | 1.07 bp | 40.5 bp −$41 | 282.0 bp −$2,820 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 11.73 bp | 72.9 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
ESP on 10 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 ESP-USDT | +0.0036% | 4h | 0.09375 | +0.075% | — | $1.7M | — | as long as short |
| Aster ESPUSDT | +0.0100% | 4h | 0.09376 | +0.090% | $7K | $26K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09377 | +0.096% | $2.4M | $4.3M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09386 | +0.192% | $597K | $1.2M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09378 | +0.107% | $175K | $612K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09376 | +0.085% | $1.2M | $117K | 20x | as long as short |
| KuCoin ESPUSDTMshort | +0.0100% | 4h | 0.09379 | +0.117% | $1.5M | $50K | 25x | |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09380 | +0.126% | $941K | $159K | 20x | as long as short |
| edgeX ESPUSDC | +0.0106% | 4h | 0.09369 | +0.009% | $29K | $268K | 10x | as long as short |
| Bybit ESPUSDTlong | +0.0809% | 4h | 0.09368 | long leg | $1.1M | $624K | 50x |
BingX ESP-USDT
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
MEXC ESP_USDT
Bitget ESPUSDT
edgeX ESPUSDC