Funding you earn now, next payment 08:00 UTC+0.0716%/8h= +78.4% APRnext payment +$3.58 per $10,000 · paid last 24h +0.172%
Price spread now: KuCoin against Bybit−0.150%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,199as in the Price arb table
costs, in and out, $10k−$1,18911.894% of the position
Funding, last 7 days+0.375%+$37 on $10k
+Price spread, last 7 days+0.151%+$15 · spread now −0.150%, 7d avg −0.057%
=Funding pays, the price is against you. KuCoin is 0.094% cheaper against Bybit than usual: you would sell low and buy high (spread −0.150% now, against its 7-day average of −0.057%). If the spread goes back, that is −$9 on $10k: about 10 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.375% in total) that is about 42 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.375% in total (about 19.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.58 per $10,000. 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 JELLYJELLYUSDT | 0.05663 | 0.0100 | pay 0.0050% / 4h | 2h 11m | $2.4M | $1.1M | 20x |
| Short | KuCoin JELLYJELLYUSDTM | 0.05654 | 0.0816 | get 0.0408% / 4h | 2h 11m | $8.2M | $1.3M | 20x |
Bybit JELLYJELLYUSDT
KuCoin JELLYJELLYUSDTMFunding 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
- $150.36
- Price spread: −0.150% → −0.057%
- −$9.36
- Slippage, 4 orders
- −$1,166.39
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,048.38
- Costs to cover
- 11.894%
- Break-even
- 55.8 days
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 2 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, 1 min ago | 6.18 bp | 79.7 bp −$80 | 606.1 bp −$6,061 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 4.51 bp | 600.9 bp −$601 | 940.8 bp −$9,408 | doesn't fit | doesn't fit |
JELLYJELLY on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit JELLYJELLYUSDTlong | +0.0100% | 4h | 0.05663 | long leg | $2.4M | $1.1M | 20x | |
| Gate JELLYJELLY_USDT | +0.0100% | 4h | 0.05646 | −0.295% | $2.4M | $140K | 20x | as long as short |
| BloFin JELLYJELLY-USDT | +0.0136% | 4h | 0.05659 | −0.065% | $266K | $18K | 20x | as long as short |
| MEXC JELLYJELLY_USDT | +0.0268% | 4h | 0.05665 | +0.041% | $437K | $148K | 20x | as long as short |
| Aster JELLYJELLYUSDT | +0.0288% | 4h | 0.05660 | −0.055% | $36K | $12K | 5x | as long as short |
| Extended JELLYJELLY-USD | +0.0296% | 1h | 0.05664 | +0.016% | $2K | $89K | 5x | as long as short |
| Binance JELLYJELLYUSDT | +0.0299% | 4h | 0.05666 | +0.058% | $4.4M | $1.7M | 25x | as long as short |
| OKX JELLYJELLY-USDT-SWAP | +0.0333% | 4h | 0.05655 | −0.136% | $1.3M | $466K | 10x | as long as short |
| KuCoin JELLYJELLYUSDTMshort | +0.0816% | 4h | 0.05654 | −0.150% | $8.2M | $1.3M | 20x |
Gate JELLYJELLY_USDT
BloFin JELLYJELLY-USDT
MEXC JELLYJELLY_USDT
Aster JELLYJELLYUSDT
Extended JELLYJELLY-USD
Binance JELLYJELLYUSDT
OKX JELLYJELLY-USDT-SWAP