Funding you earn now, next payment 04:00 UTC−0.1068%/8h= −117.0% APRnext payment −$5.34 per $10,000 · paid last 24h +0.225%
Price spread now: KuCoin against Bybit−0.193%7-day average −0.275% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,273as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,245as in the Price arb table
costs, in and out, $10k−$1,25312.533% of the position
Funding, last 7 days−0.194%−$19 on $10k
+Price spread, last 4 days (all we have)−0.230%−$23 · spread now −0.193%, 7d avg −0.275%
=The price spread pays, funding is against you. KuCoin is 0.082% dearer against Bybit than usual: you sell high and buy low (spread −0.193% now, against its 7-day average of −0.275%): +$8 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.194% in total) that is about 3.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.194% in total (about -10.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.34 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ESPORTSUSDT | 0.01038 | 0.1594 | pay 0.0797% / 4h | 3h 53m | $1.8M | $968K | 10x |
| Short | KuCoin ESPORTSUSDTM | 0.01036 | 0.0526 | get 0.0263% / 4h | 3h 53m | $790K | $54K | 10x |
Bybit ESPORTSUSDT
KuCoin ESPORTSUSDTMFunding 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
- −$224.38
- Price spread: −0.193% → −0.275%
- $8.19
- Slippage, 4 orders
- −$1,230.32
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,469.51
- Costs to cover
- 12.533%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 71 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, 3 min ago | 4.82 bp | 39.9 bp −$40 | 581.6 bp −$5,816 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 71 min ago | 14.54 bp | 585.1 bp −$585 | doesn't fit | doesn't fit | doesn't fit |
ESPORTS 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ESPORTS | +0.0100% | 4h | 0.01038 | +0.035% | $31K | $507 | — | as long as short |
| Aster ESPORTSUSDT | +0.0504% | 4h | 0.01034 | −0.385% | $141K | $67K | 5x | as long as short |
| KuCoin ESPORTSUSDTMshort | +0.0526% | 4h | 0.01036 | −0.193% | $790K | $54K | 10x | |
| BingX ESPORTS-USDT | +0.0660% | 4h | 0.01038 | 0.000% | — | $1.4M | — | as long as short |
| MEXC ESPORTS_USDT | +0.0796% | 4h | 0.01037 | −0.096% | $1.4M | $181K | 20x | as long as short |
| Binance ESPORTSUSDT | +0.0797% | 4h | 0.01036 | −0.193% | $5.8M | $4.4M | 10x | as long as short |
| Bybit ESPORTSUSDTlong | +0.1594% | 4h | 0.01038 | long leg | $1.8M | $968K | 10x | |
| Gate ESPORTS_USDT | +0.2040% | 4h | 0.01039 | +0.096% | $376K | $555K | 10x | as long as short |
Variational Omni ESPORTS
Aster ESPORTSUSDT
BingX ESPORTS-USDT
MEXC ESPORTS_USDT
Binance ESPORTSUSDT
Gate ESPORTS_USDT