Funding you earn now, next payment 08:00 UTC+0.0128%/8h= +14.0% APRnext payment +$1.28 per $10,000 · paid last 24h +0.014%
Price spread now: Bybit against KuCoin+0.056%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.056% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ETHBTCUSDTM | 0.03197 | 0.0100 | pay 0.0100% / 8h | 3h 58m | $6K | $13 | 20x |
| Short | Bybit ETHBTCUSDT | 0.03199 | 0.0228 | get 0.0228% / 8h | 3h 58m | $4.0M | $1.4M | 25x |
KuCoin ETHBTCUSDTM
Bybit ETHBTCUSDTFunding 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
- $26.91
- Price spread: +0.056% → 0.000%
- $5.63
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $9.54
- Costs to cover
- 0.230%
- Break-even
- 4.5 days
Slippage unknown: KuCoin: no order-book sample; Bybit: live order book, 4 min ago. 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 KuCoin no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 1.56 bp | 10.1 bp −$10 | 42.9 bp −$429 | doesn't fit | doesn't fit |
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 ETHBTCUSDTMlong | +0.0100% | 8h | 0.03197 | long leg | $6K | $13 | 20x | |
| Bybit ETHBTCUSDTshort | +0.0228% | 8h | 0.03199 | +0.056% | $4.0M | $1.4M | 25x | |
| BloFin ETHBTC-USDT | +0.0358% | 8h | 0.03199 | +0.066% | — | $66K | 25x | as long as short |
BloFin ETHBTC-USDT