LA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0659%/8h= −72.1% APRnext payment −$3.29 per $10,000 · paid last 24h −0.004%

Price spread now: KuCoin against Bybit+0.040%7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$876as in the Funding arb table

Net, price: spread back to 7d avg − costs−$872as in the Price arb table

costs, in and out, $10k−$8798.789% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.028%+$3 on $10k

Price spread, last 7 days−0.183%−$18 · spread now +0.040%, 7d avg −0.027%

Together, before fees−0.155%−$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.067% dearer against Bybit than usual: you sell high and buy low (spread +0.040% now, against its 7-day average of −0.027%): +$7 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 8 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.028% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.29 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 LAUSDT	0.07411	−0.0047	get 0.0024% / 4h	26m 31s	$2.3M	$2.6M	25x
Short	KuCoin LAUSDTM	0.07414	−0.0706	pay 0.0353% / 4h	26m 31s	$1.0M	$85K	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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now +0.040%Rate

Funding earned: −$138.32
Price spread: +0.040% → −0.027%: $6.74
Slippage, 4 orders: −$855.88
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,010.47
Costs to cover: 8.789%
Break-even: never at this rate

Slippage from Bybit: live order book, 6 min ago; KuCoin: live order book, 3 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, 6 min ago	2.02 bp	21.4 bp −$21	143.8 bp −$1,438	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	9.41 bp	454.3 bp −$454	doesn't fit	doesn't fit	doesn't fit

LA on 11 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
KuCoin LAUSDTMshort	−0.0706%	4h	0.07414	+0.040%	$1.0M	$85K	30x
Gate LA_USDT	−0.0516%	4h	0.07411	0.000%	$235K	$832K	50x	as long as short
Bitget LAUSDT	−0.0442%	4h	0.07402	−0.121%	$2.0M	$496K	25x	as long as short
BingX LA-USDT	−0.0412%	4h	0.07419	+0.108%	—	$6.6M	—	as long as short
OKX LA-USDT-SWAP	−0.0356%	4h	0.07407	−0.054%	$1.3M	$3.1M	20x	as long as short
Aster LAUSDT	−0.0350%	4h	0.07414	+0.044%	$51K	$24K	5x	as long as short
BloFin LA-USDT	−0.0254%	4h	0.07434	+0.310%	$245K	$20K	25x	as long as short
Binance LAUSDT	−0.0218%	4h	0.07410	−0.014%	$4.7M	$9.8M	25x	as long as short
MEXC LA_USDT	−0.0216%	4h	0.07412	+0.013%	$378K	$133K	50x	as long as short
Bybit LAUSDTlong	−0.0047%	4h	0.07411	long leg	$2.3M	$2.6M	25x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LA_USDT_Perp	+0.0100%	4h	0.07422	+0.154%	$146K	$478K	10x	as long as short