Funding you earn now, next payment 04:00 UTC+0.0616%/8h= +67.4% APRnext payment +$3.08 per $10,000 · paid last 24h +0.004%
Price spread now: Bybit against KuCoin+0.146%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$517as in the Funding arb table
Net, price: spread back to 7d avg − costs−$502as in the Price arb table
costs, in and out, $10k−$5145.139% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 7 days+0.075%+$8 · spread now +0.146%, 7d avg +0.029%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Bybit is 0.117% dearer against KuCoin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.029%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.026% in total (about -1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.08 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 | KuCoin LAUSDTM | 0.07533 | −0.0532 | get 0.0266% / 4h | 3h 14m | $1.0M | $83K | 30x |
| Short | Bybit LAUSDT | 0.07544 | 0.0084 | get 0.0042% / 4h | 3h 14m | $2.5M | $2.6M | 25x |
KuCoin LAUSDTM
Bybit LAUSDTFunding 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
- $129.26
- Price spread: +0.146% → +0.029%
- $11.69
- Slippage, 4 orders
- −$490.93
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$372.98
- Costs to cover
- 5.139%
- Break-even
- 27.2 days
Slippage from KuCoin: live order book, 5 min ago; Bybit: 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 KuCoin live order book, 5 min ago | 8.62 bp | 202.6 bp −$203 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.32 bp | 22.1 bp −$22 | 135.5 bp −$1,355 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDT | −0.0760% | 4h | 0.07543 | +0.133% | $244K | $824K | 50x | as long as short |
| Aster LAUSDT | −0.0691% | 4h | 0.07547 | +0.186% | $52K | $23K | 5x | as long as short |
| Binance LAUSDT | −0.0593% | 4h | 0.07538 | +0.066% | $4.7M | $9.5M | 25x | as long as short |
| Bitget LAUSDT | −0.0590% | 4h | 0.07524 | −0.119% | $2.1M | $534K | 25x | as long as short |
| MEXC LA_USDT | −0.0570% | 4h | 0.07531 | −0.027% | $398K | $140K | 50x | as long as short |
| BingX LA-USDT | −0.0550% | 4h | 0.07541 | +0.106% | — | $6.6M | — | as long as short |
| KuCoin LAUSDTMlong | −0.0532% | 4h | 0.07533 | long leg | $1.0M | $83K | 30x | |
| BloFin LA-USDT | −0.0520% | 4h | 0.07516 | −0.226% | $247K | $20K | 25x | as long as short |
| OKX LA-USDT-SWAP | −0.0046% | 4h | 0.07529 | −0.053% | $1.4M | $3.1M | 20x | as long as short |
| Bybit LAUSDTshort | +0.0084% | 4h | 0.07544 | +0.146% | $2.5M | $2.6M | 25x |
Gate LA_USDT
Aster LAUSDT
Binance LAUSDT
Bitget LAUSDT
MEXC LA_USDT
BingX LA-USDT
BloFin LA-USDT
OKX LA-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07556 | +0.306% | $147K | $463K | 10x | as long as short |
GRVT LA_USDT_Perp