Funding you earn now, next payment 12:00 UTC−0.0150%/8h= −16.4% APRnext payment −$0.75 per $10,000 · paid last 24h −0.113%
Price spread now: Bybit against KuCoin−0.051%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$559as in the Funding arb table
Net, price: spread back to 7d avg − costs−$544as in the Price arb table
costs, in and out, $10k−$5435.428% of the position
Funding, last 7 days−0.165%−$17 on $10k
+Price spread, last 4 days (all we have)+0.221%+$22 · spread now −0.051%, 7d avg −0.043%
=The price spread sits at its 7-day average of −0.043%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin EULUSDTM | 1.3780 | 0.0250 | pay 0.0125% / 4h | 3h 39m | $295K | $103K | 25x |
| Short | Bybit EULUSDT | 1.3773 | 0.0100 | get 0.0050% / 4h | 3h 39m | $1.6M | $1.5M | 25x |
KuCoin EULUSDTM
Bybit EULUSDTFunding 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
- −$31.5
- Price spread: −0.051% → −0.043%
- −$0.82
- Slippage, 4 orders
- −$519.76
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$575.08
- Costs to cover
- 5.428%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 53 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, 53 min ago | 9.38 bp | 196.3 bp −$196 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.09 bp | 37.9 bp −$38 | 1274.0 bp −$12.7K | doesn't fit | doesn't fit |
EUL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EUL-USDT | +0.0061% | 4h | 1.3768 | −0.087% | $292K | $11K | 25x | as long as short |
| Aster EULUSDT | +0.0100% | 4h | 1.3767 | −0.094% | $35K | $14K | 5x | as long as short |
| Binance EULUSDT | +0.0100% | 4h | 1.3759 | −0.152% | $3.1M | $6.8M | 25x | as long as short |
| Bybit EULUSDTshort | +0.0100% | 4h | 1.3773 | −0.051% | $1.6M | $1.5M | 25x | |
| Gate EUL_USDT | +0.0100% | 4h | 1.3776 | −0.029% | $294K | $778K | 25x | as long as short |
| MEXC EUL_USDT | +0.0100% | 4h | 1.3766 | −0.102% | $445K | $145K | 20x | as long as short |
| Bitget EULUSDT | +0.0100% | 4h | 1.3790 | +0.073% | $2.1M | $496K | 25x | as long as short |
| BingX EUL-USDT | +0.0100% | 4h | 1.3766 | −0.102% | — | $6.6M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.3772 | −0.056% | $11K | $1K | — | as long as short |
| edgeX EULUSDC | +0.0116% | 4h | 1.3758 | −0.157% | $16K | $273K | 10x | as long as short |
BloFin EUL-USDT
Aster EULUSDT
Binance EULUSDT
Gate EUL_USDT
MEXC EUL_USDT
Bitget EULUSDT
BingX EUL-USDT
Variational Omni EUL
edgeX EULUSDCShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin EULUSDTMlong | +0.0250% | 4h | 1.3780 | long leg | $295K | $103K | 25x | |
| HTX EUL-USDT | +0.0827% | 4h | 1.3811 | +0.225% | $125K | $49K | 10x | as long as short |
HTX EUL-USDT