Funding you earn now, next payment 12:00 UTC+0.0785%/8h= +85.9% APRnext payment +$3.92 per $10,000 · paid last 24h +0.085%
Price spread now: KuCoin against Bybit−0.060%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2152.153% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 7 days+0.155%+$16 · spread now −0.060%, 7d avg +0.043%
=Funding pays, the price is against you. KuCoin is 0.103% cheaper against Bybit than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of +0.043%). If the spread goes back, that is −$10 on $10k: about 11 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.082% in total) that is about 8.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.082% in total (about 4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.92 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 | Bybit MARSCOINUSDT | 0.1161 | 0.0545 | pay 0.0273% / 4h | 3h 43m | $8.3M | $14.4M | 20x |
| Short | KuCoin MARSCOINUSDTM | 0.1161 | 0.1330 | get 0.0665% / 4h | 3h 43m | $1.6M | $2.6M | 20x |
Bybit MARSCOINUSDT
KuCoin MARSCOINUSDTMFunding 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
- $164.79
- Price spread: −0.060% → +0.043%
- −$10.32
- Slippage, 4 orders
- −$192.33
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$60.86
- Costs to cover
- 2.153%
- Break-even
- 9.6 days
Slippage from Bybit: live order book, 4 min ago; KuCoin: 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 Bybit live order book, 4 min ago | 0.44 bp | 43.6 bp −$44 | 155.8 bp −$1,558 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 7.41 bp | 69.8 bp −$70 | 221.5 bp −$2,215 | doesn't fit | doesn't fit |
MARSCOIN on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex MARSCOINUSDT | −0.0922% | 4h | 0.1164 | +0.207% | $1.7M | $2.5M | 20x | as long as short |
| SunX MARSCOIN-USDT | +0.0100% | 4h | 0.1165 | +0.319% | — | $827K | 10x | as long as short |
| HTX MARSCOIN-USDT | +0.0100% | 4h | 0.1176 | +1.266% | $92K | $745K | 20x | as long as short |
| MEXC MARSCOIN_USDT | +0.0418% | 4h | 0.1161 | −0.060% | $3.5M | $1.3M | 20x | as long as short |
| Binance MARSCOINUSDT | +0.0438% | 4h | 0.1161 | −0.017% | $26.8M | $64.1M | 20x | as long as short |
| Bybit MARSCOINUSDTlong | +0.0545% | 4h | 0.1161 | long leg | $8.3M | $14.4M | 20x | |
| Bitget MARSCOINUSDT | +0.0574% | 4h | 0.1165 | +0.301% | $2.7M | $7.3M | 20x | as long as short |
| Aster MARSCOINUSDT | +0.0647% | 4h | 0.1161 | −0.069% | $649K | $906K | 10x | as long as short |
| BloFin MARSCOIN-USDT | +0.0658% | 4h | 0.1159 | −0.198% | $1.3M | $480K | 20x | as long as short |
| BingX MARSCOIN-USDT | +0.0968% | 4h | 0.1161 | −0.026% | — | $1.3M | — | as long as short |
Phemex MARSCOINUSDT
SunX MARSCOIN-USDT
HTX MARSCOIN-USDT
MEXC MARSCOIN_USDT
Binance MARSCOINUSDT
Bitget MARSCOINUSDT
Aster MARSCOINUSDT
BloFin MARSCOIN-USDT
BingX MARSCOIN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MARSCOINUSDTMshort | +0.1330% | 4h | 0.1161 | −0.060% | $1.6M | $2.6M | 20x | |
| Gate MARSCOIN_USDT | +0.1484% | 4h | 0.1159 | −0.189% | $2.1M | $2.2M | 20x | as long as short |
Gate MARSCOIN_USDT