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

FF

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: Bybit against KuCoin−0.102%7-day average −0.216% · you buy dearer than you sell
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1591.588% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.373%−$37 on $10k
Price spread, last 7 days−0.144%−$14 · spread now −0.102%, 7d avg −0.216%
Together, before fees−0.517%−$52 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.114% dearer against KuCoin than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.216%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin FFUSDTM0.12730.0100pay 0.0050% / 4h29m 32s$8.5M$4.6M20x
ShortBybit FFUSDT0.12720.0100get 0.0050% / 4h29m 32s$14.4M$4.6M20x

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

Profit calculator

Funding earned
$0
Price spread: −0.102% → −0.216%
$11.41
Slippage, 4 orders
−$135.78
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$147.37
Costs to cover
1.588%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 4 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 KuCoin live order book, 4 min ago11.00 bp45.4 bp −$45doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago1.57 bp41.8 bp −$42125.2 bp −$1,252doesn'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+0.0020%4h0.1272−0.133%$43.0M$18.1M20xas long as short
MEXC FF_USDT+0.0022%4h0.1272−0.110%$10.1M$699K50xas long as short
BloFin FF-USDT+0.0071%4h0.1272−0.126%$2.3M$221K20xas long as short
Aster FFUSDT+0.0100%4h0.1274+0.019%$1.2M$26K5xas long as short
Bybit FFUSDTshort+0.0100%4h0.1272−0.102%$14.4M$4.6M20x
Gate FF_USDT+0.0100%4h0.1275+0.102%$26.8M$1.4M50xas long as short
KuCoin FFUSDTMlong+0.0100%4h0.1273long leg$8.5M$4.6M20x
Bitget FFUSDT+0.0100%4h0.1273−0.047%$18.5M$1.1M5xas long as short
BingX FF-USDT+0.0100%4h0.1272−0.094%$6.7Mas long as short
SunX FF-USDT+0.0100%4h0.1271−0.173%$1K$1.2M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter FF+0.0328%1h0.1276+0.236%$135K$32K3xas long as short