Funding you earn now, next payment 12:00 UTC−0.0382%/8h= −41.8% APRnext payment −$1.91 per $10,000 · paid last 24h −0.085%
Price spread now: Bybit against KuCoin−0.266%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$254as in the Price arb table
costs, in and out, $10k−$2322.319% of the position
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 7 days+0.171%+$17 · spread now −0.266%, 7d avg −0.043%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bybit is 0.223% cheaper against KuCoin than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.043%). Swap the legs.
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 −$1.91 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 | KuCoin MARSCOINUSDTM | 0.1165 | 0.1328 | pay 0.0664% / 4h | 3h 38m | $1.6M | $2.7M | 20x |
| Short | Bybit MARSCOINUSDT | 0.1162 | 0.0946 | get 0.0473% / 4h | 3h 38m | $8.4M | $14.6M | 20x |
Funding 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
- −$80.22
- Price spread: −0.266% → −0.043%
- −$22.33
- Slippage, 4 orders
- −$208.9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$334.44
- Costs to cover
- 2.319%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; Bybit: live order book, 5 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, 8 min ago | 7.41 bp | 54.2 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.88 bp | 50.5 bp −$51 | 159.1 bp −$1,591 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX MARSCOIN-USDT | +0.0100% | 4h | 0.1153 | −0.987% | — | $843K | 10x | as long as short |
| HTX MARSCOIN-USDT | +0.0100% | 4h | 0.1158 | −0.601% | $91K | $745K | 20x | as long as short |
| Phemex MARSCOINUSDT | +0.0100% | 4h | 0.1154 | −0.944% | $1.7M | $2.5M | 20x | as long as short |
| MEXC MARSCOIN_USDT | +0.0460% | 4h | 0.1163 | −0.163% | $3.5M | $1.3M | 20x | as long as short |
| Binance MARSCOINUSDT | +0.0469% | 4h | 0.1163 | −0.185% | $27.2M | $65.1M | 20x | as long as short |
| BingX MARSCOIN-USDT | +0.0546% | 4h | 0.1164 | −0.069% | — | $1.2M | — | as long as short |
| Bitget MARSCOINUSDT | +0.0596% | 4h | 0.1164 | −0.086% | $2.6M | $7.5M | 20x | as long as short |
| Aster MARSCOINUSDT | +0.0678% | 4h | 0.1161 | −0.293% | $643K | $909K | 10x | as long as short |
| BloFin MARSCOIN-USDT | +0.0702% | 4h | 0.1154 | −0.910% | $1.3M | $486K | 20x | as long as short |
| Bybit MARSCOINUSDTshort | +0.0946% | 4h | 0.1162 | −0.266% | $8.4M | $14.6M | 20x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MARSCOIN_USDT | +0.1126% | 4h | 0.1162 | −0.275% | $2.1M | $2.2M | 20x | as long as short |
| KuCoin MARSCOINUSDTMlong | +0.1328% | 4h | 0.1165 | long leg | $1.6M | $2.7M | 20x |
KuCoin MARSCOINUSDTM
Bybit MARSCOINUSDT
SunX MARSCOIN-USDT
HTX MARSCOIN-USDT
Phemex MARSCOINUSDT
MEXC MARSCOIN_USDT
Binance MARSCOINUSDT
BingX MARSCOIN-USDT
Bitget MARSCOINUSDT
Aster MARSCOINUSDT
BloFin MARSCOIN-USDT
Gate MARSCOIN_USDT