Funding you earn now, next payment 08:00 UTC−0.0582%/8h= −63.8% APRnext payment −$5.82 per $10,000 · paid last 24h +0.004%
Price spread now: KuCoin against Bybit−0.137%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and KuCoin is 0.137% cheaper against Bybit than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ETHBTCUSDT | 0.03207 | 0.0682 | pay 0.0682% / 8h | 7h 58m | $4.0M | $1.5M | 25x |
| Short | KuCoin ETHBTCUSDTM | 0.03203 | 0.0100 | get 0.0100% / 8h | 7h 58m | $6K | $26 | 20x |
Bybit ETHBTCUSDT
KuCoin ETHBTCUSDTMFunding 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
- −$122.31
- Price spread: −0.137% → 0.000%
- −$13.72
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$159.03
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 9 min ago; KuCoin: no order-book sample. Net counts fees only.
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, 9 min ago | 1.56 bp | 8.3 bp −$8 | 36.5 bp −$365 | doesn't fit | doesn't fit |
| Sell KuCoin no order-book sample | — | — | — | — | — |
KuCoin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ETHBTC on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ETHBTCUSDTMshort | +0.0100% | 8h | 0.03203 | −0.137% | $6K | $26 | 20x | |
| BloFin ETHBTC-USDT | +0.0299% | 8h | 0.03209 | +0.062% | — | $97K | 25x | as long as short |
| Bybit ETHBTCUSDTlong | +0.0682% | 8h | 0.03207 | long leg | $4.0M | $1.5M | 25x |
BloFin ETHBTC-USDT