Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit+0.066%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$303as in the Funding arb table
Net, price: spread back to 7d avg − costs−$315as in the Price arb table
costs, in and out, $10k−$3153.149% of the position
Funding, last 7 days+0.118%+$12 on $10k
+Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.066%, 7d avg +0.069%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IOUSDT | 0.1526 | 0.0100 | pay 0.0050% / 4h | 1m 41s | $1.1M | $896K | 25x |
| Short | KuCoin IOUSDTM | 0.1527 | 0.0100 | get 0.0050% / 4h | 1m 41s | $382K | $670K | 50x |
Bybit IOUSDT
KuCoin IOUSDTMFunding 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: +0.066% → +0.069%
- −$0.35
- Slippage, 4 orders
- −$291.91
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$315.27
- Costs to cover
- 3.149%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 62 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 | 6.59 bp | 78.6 bp −$79 | 381.4 bp −$3,814 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 62 min ago | 6.60 bp | 71.3 bp −$71 | 576.7 bp −$5,767 | doesn't fit | doesn't fit |
IO on 14 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 IO/USDC PERP | −0.0159% | 1h | 0.1519 | −0.459% | $2K | $106 | 5.5x | as long as short |
| Hyperliquid IO | +0.0100% | 1h | 0.1526 | +0.020% | $1.0M | $391K | 3x | as long as short |
| Aster IOUSDT | +0.0100% | 4h | 0.1527 | +0.088% | $6K | $32K | 5x | as long as short |
| Binance IOUSDT | +0.0100% | 4h | 0.1527 | +0.066% | $3.0M | $6.6M | 50x | as long as short |
| Bybit IOUSDTlong | +0.0100% | 4h | 0.1526 | long leg | $1.1M | $896K | 25x | |
| Gate IO_USDT | +0.0100% | 4h | 0.1526 | +0.026% | $243K | $556K | 50x | as long as short |
| MEXC IO_USDT | +0.0100% | 4h | 0.1525 | −0.066% | $1.2M | $233K | 125x | as long as short |
| KuCoin IOUSDTMshort | +0.0100% | 4h | 0.1527 | +0.066% | $382K | $670K | 50x | |
| Bitget IOUSDT | +0.0100% | 4h | 0.1529 | +0.197% | $1.3M | $1.2M | 50x | as long as short |
| BingX IO-USDT | +0.0100% | 4h | 0.1527 | +0.066% | — | $1.3M | — | as long as short |
Injective IO/USDC PERP
Hyperliquid IO
Aster IOUSDT
Binance IOUSDT
Gate IO_USDT
MEXC IO_USDT
Bitget IOUSDT
BingX IO-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IO | +0.0100% | 4h | 0.1516 | −0.669% | $33K | $8K | — | as long as short |
| Extended IO-USD | +0.0104% | 1h | 0.1527 | +0.046% | $5K | $171K | 5x | as long as short |
| BloFin IO-USDT | +0.0128% | 4h | 0.1521 | −0.328% | $192K | $32K | 50x | as long as short |
| Kraken Futures PF_IOUSD | +1.2431% | 1h | 0.1534 | +0.538% | $40K | $19K | 10x | as long as short |
Variational Omni IO
Extended IO-USD
BloFin IO-USDT
Kraken Futures PF_IOUSD