Settings8H · net · $10k
Funding arb · Price arb /

IN

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.093%
Price spread now: Bybit against KuCoin−0.136%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,072as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,090as in the Price arb table
costs, in and out, $10k−$1,08510.851% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.134%+$13 on $10k
Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.136%, 7d avg −0.090%
Together, before fees+0.143%+$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.045% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.090%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin INUSDTM0.036870.0100pay 0.0050% / 4h1h 15m$299K$80K30x
ShortBybit INUSDT0.036820.0100get 0.0050% / 4h1h 15m$801K$245K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.136% → −0.090%
−$4.54
Slippage, 4 orders
−$1,062.12
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$1,089.67
Costs to cover
10.851%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; Bybit: live order book, 45 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 6 min ago17.82 bp440.4 bp −$440doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 45 min ago6.97 bp109.5 bp −$110doesn't fitdoesn't fitdoesn't fit

IN on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit INUSDTshort+0.0100%4h0.03682−0.136%$801K$245K20x
KuCoin INUSDTMlong+0.0100%4h0.03687long leg$299K$80K30x
Bitget INUSDT+0.0100%4h0.03685−0.054%$877K$228K25xas long as short
Variational Omni IN+0.0100%4h0.03657−0.819%$1K$6as long as short
Aster INUSDT+0.0404%4h0.03658−0.799%$133K$15K5xas long as short
BingX IN-USDT+0.0543%4h0.036870.000%$2.3Mas long as short
Binance INUSDT+0.0582%4h0.036870.000%$2.1M$1.5M25xas long as short
MEXC IN_USDT+0.0582%4h0.03683−0.108%$289K$97K20xas long as short
Gate IN_USDT+0.0626%4h0.03686−0.027%$246K$154K50xas long as short