Settings8H · net · $10k
Funding arb · Price arb /

FF

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0154%/8h= +16.9% APRnext payment +$0.77 per $10,000 · paid last 24h +0.012%
Price spread now: KuCoin against Bybit+0.204%7-day average +0.218% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1591.594% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.366%+$37 on $10k
Price spread, last 7 days+0.018%+$2 · spread now +0.204%, 7d avg +0.218%
Together, before fees+0.384%+$38 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.218%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FFUSDT0.1273−0.0054get 0.0027% / 4h2m 52s$14.3M$6.8M20x
ShortKuCoin FFUSDTM0.12760.0100get 0.0050% / 4h2m 52s$8.6M$5.6M20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$32.41
Price spread: +0.204% → +0.218%
−$1.36
Slippage, 4 orders
−$136.35
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$128.3
Costs to cover
1.594%
Break-even
34.7 days
Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago1.57 bp39.3 bp −$39296.9 bp −$2,969doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago1.57 bp29.6 bp −$30180.4 bp −$1,804doesn't fitdoesn't fit

FF on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance FFUSDT−0.0238%4h0.1273−0.039%$43.1M$25.1M20xas long as short
MEXC FF_USDT−0.0236%4h0.1273−0.031%$10.1M$1.9M50xas long as short
BloFin FF-USDT−0.0220%4h0.12730.000%$2.3M$312K20xas long as short
Bybit FFUSDTlong−0.0054%4h0.1273long leg$14.3M$6.8M20x
Aster FFUSDT+0.0100%4h0.1274+0.085%$1.2M$23K5xas long as short
Gate FF_USDT+0.0100%4h0.1275+0.086%$26.8M$2.1M50xas long as short
KuCoin FFUSDTMshort+0.0100%4h0.1276+0.204%$8.6M$5.6M20x
Bitget FFUSDT+0.0100%4h0.1274+0.063%$18.5M$1.6M5xas long as short
BingX FF-USDT+0.0100%4h0.1273+0.008%$6.8Mas long as short
SunX FF-USDT+0.0100%4h0.1272−0.141%$1K$1.6M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter FF+0.0344%1h0.1277+0.251%$135K$42K3xas long as short