Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: KuCoin against Bybit−0.106%7-day average +0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$429as in the Funding arb table
Net, price: spread back to 7d avg − costs−$486as in the Price arb table
costs, in and out, $10k−$4624.621% of the position
Funding, last 7 days+0.331%+$33 on $10k
+Price spread, last 4 days (all we have)+0.192%+$19 · spread now −0.106%, 7d avg +0.128%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.234% cheaper against Bybit than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.128%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ILVUSDT | 3.7690 | 0.0100 | pay 0.0050% / 4h | 1h 36m | $535K | $331K | 50x |
| Short | KuCoin ILVUSDTM | 3.7650 | 0.0100 | get 0.0050% / 4h | 1h 36m | $339K | $71K | 30x |
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 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: −0.106% → +0.128%
- −$23.45
- Slippage, 4 orders
- −$439.07
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$485.52
- Costs to cover
- 4.621%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 18 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 18 min ago | 6.66 bp | 66.7 bp −$67 | 1112.7 bp −$11.1K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 60 min ago | 25.26 bp | 181.2 bp −$181 | doesn't fit | doesn't fit | doesn't fit |
ILV on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ILV/USDC PERP | −0.2264% | 1h | 3.7390 | −0.796% | $2K | $103 | 5.5x | as long as short |
| Binance ILVUSDT | +0.0100% | 4h | 3.7646 | −0.117% | $1.5M | $1.8M | 50x | as long as short |
| Bybit ILVUSDTlong | +0.0100% | 4h | 3.7690 | long leg | $535K | $331K | 50x | |
| Gate ILV_USDT | +0.0100% | 8h | 3.7610 | −0.212% | $59K | $60K | 20x | as long as short |
| MEXC ILV_USDT | +0.0100% | 4h | 3.7650 | −0.106% | $725K | $156K | 50x | as long as short |
| KuCoin ILVUSDTMshort | +0.0100% | 4h | 3.7650 | −0.106% | $339K | $71K | 30x | |
| Bitget ILVUSDT | +0.0100% | 4h | 3.7690 | 0.000% | $135K | $164K | 50x | as long as short |
| BingX ILV-USDT | +0.0100% | 4h | 3.7650 | −0.106% | — | $6.5M | — | as long as short |
| Variational Omni ILV | +0.0100% | 4h | 3.7643 | −0.126% | $7K | $5 | — | as long as short |
| BloFin ILV-USDT | +0.0120% | 4h | 3.7600 | −0.239% | $98K | $50K | 50x | as long as short |
Bybit ILVUSDT
KuCoin ILVUSDTM
Injective ILV/USDC PERP
Binance ILVUSDT
Gate ILV_USDT
MEXC ILV_USDT
Bitget ILVUSDT
BingX ILV-USDT
Variational Omni ILV
BloFin ILV-USDT