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: Bybit against KuCoin−0.158%7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$624as in the Funding arb table
Net, price: spread back to 7d avg − costs−$594as in the Price arb table
costs, in and out, $10k−$5915.905% of the position
Funding, last 7 days−0.331%−$33 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.158%, 7d avg −0.128%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.030% cheaper against KuCoin than usual: you would sell low and buy high, −$3 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 | KuCoin ILVUSDTM | 3.7870 | 0.0100 | pay 0.0050% / 4h | 1h 14m | $341K | $70K | 30x |
| Short | Bybit ILVUSDT | 3.7810 | 0.0100 | get 0.0050% / 4h | 1h 14m | $537K | $330K | 50x |
KuCoin ILVUSDTM
Bybit ILVUSDTFunding 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: −0.158% → −0.128%
- −$3.01
- Slippage, 4 orders
- −$567.54
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$593.55
- Costs to cover
- 5.905%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; Bybit: live order book, 40 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, 7 min ago | 17.15 bp | 210.9 bp −$211 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 40 min ago | 6.66 bp | 58.0 bp −$58 | 671.5 bp −$6,715 | 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 | 3.7410 | −1.215% | $2K | $104 | 5.5x | as long as short |
| Binance ILVUSDT | +0.0100% | 4h | 3.7762 | −0.286% | $1.5M | $1.8M | 50x | as long as short |
| Bybit ILVUSDTshort | +0.0100% | 4h | 3.7810 | −0.158% | $537K | $330K | 50x | |
| Gate ILV_USDT | +0.0100% | 8h | 3.7690 | −0.475% | $59K | $60K | 20x | as long as short |
| MEXC ILV_USDT | +0.0100% | 4h | 3.7770 | −0.264% | $727K | $158K | 50x | as long as short |
| KuCoin ILVUSDTMlong | +0.0100% | 4h | 3.7870 | long leg | $341K | $70K | 30x | |
| Bitget ILVUSDT | +0.0100% | 4h | 3.7780 | −0.238% | $135K | $164K | 50x | as long as short |
| BingX ILV-USDT | +0.0100% | 4h | 3.7800 | −0.185% | — | $6.6M | — | as long as short |
| Variational Omni ILV | +0.0100% | 4h | 3.7843 | −0.072% | $7K | $5 | — | as long as short |
| BloFin ILV-USDT | +0.0116% | 4h | 3.7760 | −0.290% | $98K | $50K | 50x | as long as short |
Injective ILV/USDC PERP
Binance ILVUSDT
Gate ILV_USDT
MEXC ILV_USDT
Bitget ILVUSDT
BingX ILV-USDT
Variational Omni ILV
BloFin ILV-USDT