Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin−0.257%7-day average −0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs−$563as in the Funding arb table
Net, price: spread back to 7d avg − costs−$567as in the Price arb table
costs, in and out, $10k−$5585.579% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)+0.297%+$30 · spread now −0.257%, 7d avg −0.164%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.093% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.164%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GPSUSDTM | 0.01129 | 0.0100 | pay 0.0050% / 4h | 50m 47s | $553K | $143K | 30x |
| Short | Bybit GPSUSDT | 0.01126 | 0.0100 | get 0.0050% / 4h | 50m 47s | $1.5M | $1.3M | 50x |
KuCoin GPSUSDTM
Bybit GPSUSDTFunding 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
- $0
- Price spread: −0.257% → −0.164%
- −$9.29
- Slippage, 4 orders
- −$534.93
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$567.22
- Costs to cover
- 5.579%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 32 min ago; Bybit: 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 KuCoin live order book, 32 min ago | 8.93 bp | 154.9 bp −$155 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.23 bp | 88.7 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
GPS on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GPSUSDT | +0.0100% | 4h | 0.01128 | −0.080% | $10K | $18K | 5x | as long as short |
| Binance GPSUSDT | +0.0100% | 4h | 0.01127 | −0.147% | $9.0M | $8.7M | 50x | as long as short |
| Bybit GPSUSDTshort | +0.0100% | 4h | 0.01126 | −0.257% | $1.5M | $1.3M | 50x | |
| OKX GPS-USDT-SWAP | +0.0100% | 4h | 0.01128 | −0.124% | $935K | $1.2M | 20x | as long as short |
| Gate GPS_USDT | +0.0100% | 8h | 0.01130 | +0.062% | $588K | $210K | 25x | as long as short |
| MEXC GPS_USDT | +0.0100% | 4h | 0.01128 | −0.044% | $2.8M | $414K | 100x | as long as short |
| KuCoin GPSUSDTMlong | +0.0100% | 4h | 0.01129 | long leg | $553K | $143K | 30x | |
| Bitget GPSUSDT | +0.0100% | 4h | 0.01130 | +0.089% | $928K | $600K | 50x | as long as short |
| BingX GPS-USDT | +0.0100% | 4h | 0.01128 | −0.044% | — | $1.2M | — | as long as short |
| Variational Omni GPS | +0.0100% | 4h | 0.01127 | −0.186% | $3K | $201 | — | as long as short |
Aster GPSUSDT
Binance GPSUSDT
OKX GPS-USDT-SWAP
Gate GPS_USDT
MEXC GPS_USDT
Bitget GPSUSDT
BingX GPS-USDT
Variational Omni GPSShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX GPS-USDT | +0.0100% | 4h | 0.01129 | 0.000% | $9K | $141K | 20x | as long as short |
| Extended GPS-USD | +0.0104% | 1h | 0.01128 | −0.070% | — | — | 5x | as long as short |
| Kraken Futures PF_GPSUSD | +0.2671% | 1h | 0.01129 | +0.033% | $17K | $8K | 10x | as long as short |
HTX GPS-USDT
Extended GPS-USD
Kraken Futures PF_GPSUSD