Funding you earn now, next payment 04:00 UTC+0.0361%/8h= +39.5% APRnext payment +$1.80 per $10,000 · paid last 24h +0.286%
Price spread now: KuCoin against Bybit−0.067%7-day average +0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$427as in the Price arb table
costs, in and out, $10k−$4044.041% of the position
Funding, last 7 days+2.174%+$217 on $10k
+Price spread, last 7 days+0.124%+$12 · spread now −0.067%, 7d avg +0.161%
=Funding pays, the price is against you. KuCoin is 0.228% cheaper against Bybit than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of +0.161%). If the spread goes back, that is −$23 on $10k: about 2.1 days of funding at the current rate (+$11 a day). At the pace of the last 7 days (+2.174% in total) that is about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LONGXIAUSDT | 0.2188 | 0.0467 | pay 0.0234% / 4h | 1h 13m | $764K | $7.5M | 10x |
| Short | KuCoin LONGXIAUSDTM | 0.2187 | 0.0828 | get 0.0414% / 4h | 1h 13m | $35.7M | $4.3M | 10x |
Bybit LONGXIAUSDT
KuCoin LONGXIAUSDTMFunding 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
- $75.75
- Price spread: −0.067% → +0.161%
- −$22.8
- Slippage, 4 orders
- −$381.06
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$351.11
- Costs to cover
- 4.041%
- Break-even
- 39.4 days
Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 6 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, 5 min ago | 8.87 bp | 162.0 bp −$162 | 711.8 bp −$7,118 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 4.44 bp | 61.3 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
LONGXIA on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX LONGXIA-USDT | +0.0070% | 4h | 0.2187 | −0.037% | — | $2.2M | — | as long as short |
| MEXC LONGXIA_USDT | +0.0100% | 4h | 0.2189 | +0.041% | $1.7M | $1.5M | 50x | as long as short |
| Bybit LONGXIAUSDTlong | +0.0467% | 4h | 0.2188 | long leg | $764K | $7.5M | 10x | |
| KuCoin LONGXIAUSDTMshort | +0.0828% | 4h | 0.2187 | −0.067% | $35.7M | $4.3M | 10x |
BingX LONGXIA-USDT
MEXC LONGXIA_USDT