Funding you earn now, next payment 12:00 UTC−0.0607%/8h= −66.4% APRpaid last 24h +0.009%
Price spread now: KuCoin against Bybit+0.156%7-day average −0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$457as in the Funding arb table
Net, price: spread back to 7d avg − costs−$432as in the Price arb table
costs, in and out, $10k−$4594.586% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 7 days−0.346%−$35 · spread now +0.156%, 7d avg −0.106%
=The price spread pays, funding is against you. KuCoin is 0.262% dearer against Bybit than usual: you sell high and buy low (spread +0.156% now, against its 7-day average of −0.106%): +$26 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 35 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.017% in total (about 0.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IDUSDT | 0.03848 | 0.0707 | pay 0.0707% / 8h | 7h 57m | $1.5M | $1.2M | 25x |
| Short | KuCoin IDUSDTM | 0.03854 | 0.0100 | get 0.0050% / 4h | 3h 57m | $1.1M | $74K | 30x |
Bybit IDUSDT
KuCoin IDUSDTMFunding 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
- −$127.37
- Price spread: +0.156% → −0.106%
- $26.18
- Slippage, 4 orders
- −$435.57
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$559.76
- Costs to cover
- 4.586%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 7 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, 4 min ago | 5.20 bp | 26.4 bp −$26 | 468.7 bp −$4,687 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 6.49 bp | 195.0 bp −$195 | doesn't fit | doesn't fit | doesn't fit |
ID on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | −0.0001% | 1h | 0.03840 | −0.195% | $4K | $4K | 10x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03843 | −0.131% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03841 | −0.182% | $2.4M | $4.0M | 50x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03847 | −0.026% | $438K | $218K | 20x | as long as short |
| KuCoin IDUSDTMshort | +0.0100% | 4h | 0.03854 | +0.156% | $1.1M | $74K | 30x | |
| Variational Omni ID | +0.0100% | 8h | 0.03844 | −0.104% | $12K | $20K | — | as long as short |
| BloFin ID-USDT | +0.0126% | 4h | 0.03841 | −0.182% | $156K | $16K | 50x | as long as short |
| BingX ID-USDT | +0.0576% | 4h | 0.03845 | −0.078% | — | $2.3M | — | as long as short |
| Bitget IDUSDT | +0.0606% | 4h | 0.03850 | +0.052% | $1.0M | $876K | 50x | as long as short |
| Bybit IDUSDTlong | +0.0707% | 8h | 0.03848 | long leg | $1.5M | $1.2M | 25x |
Kraken Futures PF_IDUSD
Aster IDUSDT
Binance IDUSDT
MEXC ID_USDT
Variational Omni ID
BloFin ID-USDT
BingX ID-USDT
Bitget IDUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ID_USDT | +0.0836% | 4h | 0.03844 | −0.104% | $260K | $212K | 25x | as long as short |
Gate ID_USDT