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

FIGHT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.57 per $10,000 · paid last 24h +0.028%
Price spread now: KuCoin against Bybit−0.441%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,532as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,574as in the Price arb table
costs, in and out, $10k−$2,53925.393% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.073%+$7 on $10k
Price spread, last 4 days (all we have)+0.503%+$50 · spread now −0.441%, 7d avg −0.093%
Together, before fees+0.576%+$58 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.348% cheaper against Bybit than usual: you would sell low and buy high (spread −0.441% now, against its 7-day average of −0.093%). If the spread goes back, that is −$35 on $10k: about 10 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.073% in total) that is about 34 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FIGHTUSDT0.0036260.0100pay 0.0050% / 4h22m 39s$1.6M$207K20x
ShortKuCoin FIGHTUSDTM0.0036100.0214get 0.0107% / 4h22m 39s$455K$26K20x

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
$23.94
Price spread: −0.441% → −0.093%
−$34.78
Slippage, 4 orders
−$2,516.35
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$2,550.19
Costs to cover
25.393%
Break-even
752.7 days
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 60 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, 4 min ago15.16 bp172.6 bp −$173doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 60 min ago20.95 bp1081.9 bp −$1,082doesn't fitdoesn't fitdoesn't fit

FIGHT on 8 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
Bybit FIGHTUSDTlong+0.0100%4h0.003626long leg$1.6M$207K20x
KuCoin FIGHTUSDTMshort+0.0214%4h0.003610−0.441%$455K$26K20x
Aster FIGHTUSDT+0.1219%4h0.003617−0.243%$13K$6K5xas long as short
Gate FIGHT_USDT+0.1312%4h0.003632+0.165%$228K$60K20xas long as short
MEXC FIGHT_USDT+0.1312%4h0.003623−0.083%$216K$126K20xas long as short
Binance FIGHTUSDT+0.1314%4h0.003624−0.050%$3.3M$1.3M20xas long as short
BloFin FIGHT-USDT+0.1347%4h0.003627+0.028%$312K$7K20xas long as short
Bitget FIGHTUSDT+0.1904%4h0.003616−0.276%$1.1M$128K5xas long as short