Funding you earn now, next payment 00:00 UTC−0.0152%/8h= −16.7% APRnext payment −$0.76 per $10,000 · paid last 24h −0.033%
Price spread now: Bybit against KuCoin−0.352%7-day average −0.155% · you buy dearer than you sell
Net, funding: paid 7d − costs−$540as in the Funding arb table
Net, price: spread back to 7d avg − costs−$554as in the Price arb table
costs, in and out, $10k−$5355.347% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)+0.314%+$31 · spread now −0.352%, 7d avg −0.155%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.197% cheaper against KuCoin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.155%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LINEAUSDTM | 0.002839 | 0.0100 | pay 0.0050% / 4h | 1h 35m | $543K | $50K | 50x |
| Short | Bybit LINEAUSDT | 0.002829 | −0.0052 | pay 0.0026% / 4h | 1h 35m | $2.8M | $763K | 50x |
KuCoin LINEAUSDTM
Bybit LINEAUSDTFunding 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
- −$31.95
- Price spread: −0.352% → −0.155%
- −$19.75
- Slippage, 4 orders
- −$511.67
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$586.36
- Costs to cover
- 5.347%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 37 min ago; Bybit: live order book, 1 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, 37 min ago | 12.37 bp | 216.1 bp −$216 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 5.30 bp | 49.7 bp −$50 | 425.9 bp −$4,259 | doesn't fit | doesn't fit |
LINEA on 21 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 LINEAUSDTshort | −0.0052% | 4h | 0.002829 | −0.352% | $2.8M | $763K | 50x | |
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −1.021% | $734 | $39K | 5.5x | as long as short |
| BloFin LINEA-USDT | +0.0069% | 4h | 0.002834 | −0.176% | $216K | $16K | 50x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002836 | −0.106% | $109K | $55K | 3x | as long as short |
| Hyperliquid LINEA | +0.0100% | 1h | 0.002839 | 0.000% | $2.7M | $253K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002834 | −0.176% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002827 | −0.409% | $4.0M | $3.5M | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002825 | −0.493% | $1.2M | $922K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002837 | −0.070% | $242K | $61K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002829 | −0.352% | $3.9M | $1.1M | 100x | as long as short |
Injective LINEA/USDC PERP
BloFin LINEA-USDT
Lighter LINEA
Hyperliquid LINEA
Aster LINEAUSDT
Binance LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDT
MEXC LINEA_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LINEAUSDTMlong | +0.0100% | 4h | 0.002839 | long leg | $543K | $50K | 50x | |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002835 | −0.141% | $1.1M | $481K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002829 | −0.352% | — | $2.6M | — | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002833 | −0.223% | $113K | $59K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002839 | −0.005% | $141K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002840 | +0.035% | $2K | $19K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002890 | +1.796% | $2K | $1.4M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002828 | −0.404% | $12K | $177K | 10x | as long as short |
| Reya LINEARUSDPERP | +0.0269% | 1h | 0.002833 | −0.211% | $4K | — | 3x | as long as short |
| Backpack LINEA_USDC_PERP | +0.0295% | 1h | 0.002832 | −0.257% | $84K | $51K | 10x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0448% / S −0.0181% | 1h | 0.002836 | −0.106% | $32K | — | 100x | as long as short |
Bitget LINEAUSDT
BingX LINEA-USDT
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
Reya LINEARUSDPERP
Backpack LINEA_USDC_PERP
GMX LINEA/USD [ETH-USDC]