Funding you earn now, next payment 00:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.07 per $10,000 · paid last 24h +0.017%
Price spread now: KuCoin against Bybit−0.030%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$540.542% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 7 days+0.040%+$4 · spread now −0.030%, 7d avg +0.020%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.051% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FILUSDT | 0.9858 | 0.0014 | pay 0.0014% / 8h | 1h 27m | $15.3M | $18.1M | 25x |
| Short | KuCoin FILUSDTM | 0.9855 | 0.0007 | get 0.0007% / 8h | 1h 27m | $7.4M | $7.0M | 50x |
Bybit FILUSDT
KuCoin FILUSDTMFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1.46
- Price spread: −0.030% → +0.020%
- −$5.09
- Slippage, 4 orders
- −$31.17
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$60.72
- Costs to cover
- 0.542%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 1 min ago | 0.51 bp | 11.9 bp −$12 | 34.6 bp −$346 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 3.04 bp | 14.3 bp −$14 | 39.5 bp −$395 | doesn't fit | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0965% | 1h | 0.9867 | +0.091% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0696% | 1h | 0.9866 | +0.084% | $1.3M | $2.3M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0376% | 1h | 0.9880 | +0.223% | $317K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0252% | 1h | 0.9855 | −0.030% | $2K | $240K | 12x | as long as short |
| Bitget FILUSDT | −0.0011% | 8h | 0.9854 | −0.041% | $10.9M | $21.5M | 75x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9868 | +0.099% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9855 | −0.032% | $57K | $2K | 10x | as long as short |
| KuCoin FILUSDTMshort | +0.0007% | 8h | 0.9855 | −0.030% | $7.4M | $7.0M | 50x | |
| Bybit FILUSDTlong | +0.0014% | 8h | 0.9858 | long leg | $15.3M | $18.1M | 25x | |
| OKX FIL-USDT-SWAP | +0.0031% | 8h | 0.9854 | −0.041% | $18.1M | $97.2M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
Bitget FILUSDT
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter FIL | +0.0072% | 1h | 0.9847 | −0.108% | $158K | $349K | 5x | as long as short |
| MEXC FIL_USDC | +0.0075% | 8h | 0.9850 | −0.081% | $250K | $104K | 50x | as long as short |
| Binance FILUSDT | +0.0076% | 8h | 0.9856 | −0.020% | $56.6M | $175.4M | 75x | as long as short |
| BingX FIL-USDC | +0.0079% | 8h | 0.9855 | −0.030% | — | $6.5M | — | as long as short |
| Extended FIL-USD | +0.0080% | 1h | 0.9849 | −0.089% | $689K | $2.3M | 10x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9856 | −0.019% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9856 | −0.022% | $495K | $525K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9853 | −0.051% | $7.8M | $16.2M | 50x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9864 | +0.064% | $439K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9865 | +0.075% | $45K | $292K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9869 | +0.116% | $287K | $790K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9860 | +0.020% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9872 | +0.141% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9870 | +0.122% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9860 | +0.020% | $485 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9871 | +0.132% | $626K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9860 | +0.020% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0195% | 8h | 0.9877 | +0.193% | $2.7M | $656K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0598% / S −0.0709% | 1h | 0.9866 | +0.081% | $207K | — | 100x | as long as short |
Lighter FIL
MEXC FIL_USDC
Binance FILUSDT
BingX FIL-USDC
Extended FIL-USD
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]