Funding you earn now, next payment 08:00 UTC−0.0680%/8h= −74.5% APRnext payment −$3.40 per $10,000 · paid last 24h −0.294%
Price spread now: Bybit against KuCoin−0.442%7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$775as in the Funding arb table
Net, price: spread back to 7d avg − costs−$586as in the Price arb table
costs, in and out, $10k−$5585.577% of the position
Funding, last 7 days−2.169%−$217 on $10k
+Price spread, last 7 days+0.456%+$46 · spread now −0.442%, 7d avg −0.161%
=Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Bybit is 0.280% cheaper against KuCoin than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of −0.161%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LONGXIAUSDTM | 0.1757 | 0.0780 | pay 0.0390% / 4h | 1h 59m | $28.7M | $4.7M | 10x |
| Short | Bybit LONGXIAUSDT | 0.1749 | 0.0100 | get 0.0050% / 4h | 1h 59m | $631K | $8.7M | 10x |
KuCoin LONGXIAUSDTM
Bybit LONGXIAUSDTFunding 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
- −$142.8
- Price spread: −0.442% → −0.161%
- −$28.04
- Slippage, 4 orders
- −$534.7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$728.54
- Costs to cover
- 5.577%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; Bybit: live order book, 4 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, 10 min ago | 17.47 bp | 125.5 bp −$126 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 5.59 bp | 136.0 bp −$136 | 676.9 bp −$6,769 | 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 | 0.1745 | −0.647% | — | $2.3M | — | as long as short |
| Bybit LONGXIAUSDTshort | +0.0100% | 4h | 0.1749 | −0.442% | $631K | $8.7M | 10x | |
| MEXC LONGXIA_USDT | +0.0100% | 4h | 0.1751 | −0.356% | $1.2M | $1.4M | 50x | as long as short |
| KuCoin LONGXIAUSDTMlong | +0.0780% | 4h | 0.1757 | long leg | $28.7M | $4.7M | 10x |
BingX LONGXIA-USDT
MEXC LONGXIA_USDT