Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.196%
Price spread now: Bybit against KuCoin+0.088%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$512as in the Funding arb table
Net, price: spread back to 7d avg − costs−$523as in the Price arb table
costs, in and out, $10k−$5265.262% of the position
Funding, last 7 days+0.145%+$14 on $10k
+Price spread, last 7 days−0.104%−$10 · spread now +0.088%, 7d avg +0.054%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.034% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LIGHTUSDTM | 0.1825 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $2.0M | $2.5M | 10x |
| Short | Bybit LIGHTUSDT | 0.1827 | 0.0100 | get 0.0050% / 4h | 3h 39m | $2.2M | $656K | 13x |
KuCoin LIGHTUSDTM
Bybit LIGHTUSDTFunding 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
- $0
- Price spread: +0.088% → +0.054%
- $3.39
- Slippage, 4 orders
- −$503.16
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$522.77
- Costs to cover
- 5.262%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; Bybit: 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 KuCoin live order book, 7 min ago | 6.01 bp | 61.9 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.19 bp | 115.1 bp −$115 | doesn't fit | doesn't fit | doesn't fit |
LIGHT 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LIGHTUSDT | +0.0100% | 4h | 0.1825 | −0.016% | $22K | $6K | 5x | as long as short |
| Bybit LIGHTUSDTshort | +0.0100% | 4h | 0.1827 | +0.088% | $2.2M | $656K | 13x | |
| OKX LIGHT-USDT-SWAP | +0.0100% | 4h | 0.1823 | −0.104% | $896K | $1.4M | 10x | as long as short |
| Gate LIGHT_USDT | +0.0100% | 8h | 0.1826 | +0.060% | $2.3M | $533K | 10x | as long as short |
| KuCoin LIGHTUSDTMlong | +0.0100% | 4h | 0.1825 | long leg | $2.0M | $2.5M | 10x | |
| SunX LIGHT-USDT | +0.0100% | 4h | 0.1825 | +0.005% | $2K | $1.5M | 20x | as long as short |
| BloFin LIGHT-USDT | +0.0237% | 4h | 0.1830 | +0.279% | $244K | $15K | 10x | as long as short |
| Binance LIGHTUSDT | +0.0255% | 4h | 0.1825 | +0.005% | $4.2M | $3.3M | 10x | as long as short |
| MEXC LIGHT_USDT | +0.0262% | 4h | 0.1824 | −0.049% | $1.6M | $331K | 50x | as long as short |
Aster LIGHTUSDT
OKX LIGHT-USDT-SWAP
Gate LIGHT_USDT
SunX LIGHT-USDT
BloFin LIGHT-USDT
Binance LIGHTUSDT
MEXC LIGHT_USDT