Funding you earn now, next payment 04:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.874%
Price spread now: Bybit against KuCoin−0.096%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2642.645% of the position
Funding, last 7 days+0.606%+$61 on $10k
+Price spread, last 7 days+0.108%+$11 · spread now −0.096%, 7d avg −0.028%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.068% cheaper against KuCoin than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ESPUSDTM | 0.09389 | 0.0100 | pay 0.0050% / 4h | 3m 27s | $1.5M | $45K | 25x |
| Short | Bybit ESPUSDT | 0.09380 | 0.0101 | get 0.0051% / 4h | 3m 27s | $1.1M | $609K | 50x |
KuCoin ESPUSDTM
Bybit ESPUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.24
- Price spread: −0.096% → −0.028%
- −$6.76
- Slippage, 4 orders
- −$241.46
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$270.97
- Costs to cover
- 2.645%
- Break-even
- 7930.2 days
Slippage from KuCoin: live order book, 2 min ago; Bybit: live order book, 2 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 KuCoin live order book, 2 min ago | 11.72 bp | 82.4 bp −$82 | 793.0 bp −$7,930 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.53 bp | 56.2 bp −$56 | 317.6 bp −$3,176 | doesn't fit | doesn't fit |
ESP on 11 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 | 0.09384 | −0.053% | — | $1.7M | — | as long as short |
| Aster ESPUSDT | +0.0100% | 4h | 0.09387 | −0.024% | $6K | $18K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09389 | 0.000% | $2.4M | $4.1M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09391 | +0.021% | $594K | $1.1M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09392 | +0.032% | $174K | $607K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09389 | 0.000% | $1.3M | $123K | 20x | as long as short |
| KuCoin ESPUSDTMlong | +0.0100% | 4h | 0.09389 | long leg | $1.5M | $45K | 25x | |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09388 | −0.011% | $943K | $136K | 20x | as long as short |
| Bybit ESPUSDTshort | +0.0101% | 4h | 0.09380 | −0.096% | $1.1M | $609K | 50x | |
| edgeX ESPUSDC | +0.0104% | 4h | 0.09381 | −0.086% | $29K | $267K | 10x | as long as short |
BingX ESP-USDT
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
MEXC ESP_USDT
Bitget ESPUSDT
edgeX ESPUSDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ESP-USDT | +0.0112% | 4h | 0.09390 | +0.011% | $124K | $33K | 25x | as long as short |
BloFin ESP-USDT