Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit+0.027%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$518as in the Funding arb table
Net, price: spread back to 7d avg − costs−$521as in the Price arb table
costs, in and out, $10k−$5225.224% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.027%, 7d avg +0.016%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MEUSDT | 0.07526 | 0.0100 | pay 0.0050% / 4h | 2h 59m | $1.6M | $793K | 25x |
| Short | KuCoin MEUSDTM | 0.07528 | 0.0100 | get 0.0050% / 4h | 2h 59m | $214K | $31K | 30x |
Bybit MEUSDT
KuCoin MEUSDTMFunding 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
- $0
- Price spread: +0.027% → +0.016%
- $1.04
- Slippage, 4 orders
- −$499.36
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$521.32
- Costs to cover
- 5.224%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 71 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, 2 min ago | 3.33 bp | 42.4 bp −$42 | 328.0 bp −$3,280 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 71 min ago | 23.67 bp | 211.5 bp −$212 | doesn't fit | doesn't fit | doesn't fit |
ME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ME | +0.0100% | 1h | 0.07530 | +0.053% | $235K | $110K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07532 | +0.077% | $13K | $21K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07532 | +0.077% | $2.2M | $4.1M | 50x | as long as short |
| Bybit MEUSDTlong | +0.0100% | 4h | 0.07526 | long leg | $1.6M | $793K | 25x | |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07531 | +0.066% | $478K | $1.2M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07520 | −0.080% | $191K | $69K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07527 | +0.013% | $499K | $129K | 20x | as long as short |
| KuCoin MEUSDTMshort | +0.0100% | 4h | 0.07528 | +0.027% | $214K | $31K | 30x | |
| Bitget MEUSDT | +0.0100% | 4h | 0.07526 | 0.000% | $647K | $436K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07523 | −0.040% | — | $1.3M | — | as long as short |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
Bitget MEUSDT
BingX ME-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ME | +0.0100% | 4h | 0.07513 | −0.170% | $12K | $2K | — | as long as short |
| BloFin ME-USDT | +0.0126% | 4h | 0.07523 | −0.040% | $108K | $8K | 50x | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07524 | −0.023% | $26K | — | 15x | as long as short |
Variational Omni ME
BloFin ME-USDT
Reya MERUSDPERP