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: Bybit against KuCoin−0.064%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$414as in the Funding arb table
Net, price: spread back to 7d avg − costs−$423as in the Price arb table
costs, in and out, $10k−$4194.189% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now −0.064%, 7d avg −0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.037% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MEWUSDTM | 0.0004724 | 0.0100 | pay 0.0050% / 4h | 1h 32m | $329K | $132K | 30x |
| Short | Bybit MEWUSDT | 0.0004721 | 0.0100 | get 0.0050% / 4h | 1h 32m | $1.5M | $1.6M | 25x |
KuCoin MEWUSDTM
Bybit MEWUSDTFunding 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
- $0
- Price spread: −0.064% → −0.027%
- −$3.67
- Slippage, 4 orders
- −$395.92
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$422.59
- Costs to cover
- 4.189%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 11 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, 11 min ago | 14.84 bp | 174.3 bp −$174 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.24 bp | 25.7 bp −$26 | 72.3 bp −$723 | doesn't fit | doesn't fit |
MEW 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEW/USD [WBTC.b-USDC] | L 0.0000% / S 0.0000% | 1h | 0.0004720 | −0.085% | — | — | 100x | as long as short |
| Injective MEW/USDC PERP | +0.0033% | 1h | 0.0004219 | −10.690% | $46 | $14K | 5.5x | as long as short |
| Binance MEWUSDT | +0.0100% | 4h | 0.0004726 | +0.047% | $1.3M | $3.6M | 50x | as long as short |
| Bybit MEWUSDTshort | +0.0100% | 4h | 0.0004721 | −0.064% | $1.5M | $1.6M | 25x | |
| OKX MEW-USDT-SWAP | +0.0100% | 4h | 0.0004718 | −0.127% | $544K | $912K | 20x | as long as short |
| Gate MEW_USDT | +0.0100% | 4h | 0.0004723 | −0.021% | $139K | $142K | 50x | as long as short |
| MEXC MEW_USDT | +0.0100% | 4h | 0.0004725 | +0.021% | $375K | $186K | 125x | as long as short |
| KuCoin MEWUSDTMlong | +0.0100% | 4h | 0.0004724 | long leg | $329K | $132K | 30x | |
| Bitget MEWUSDT | +0.0100% | 4h | 0.0004722 | −0.042% | $482K | $542K | 50x | as long as short |
| BingX MEW-USDT | +0.0100% | 4h | 0.0004730 | +0.127% | — | $6.7M | — | as long as short |
GMX MEW/USD [WBTC.b-USDC]
Injective MEW/USDC PERP
Binance MEWUSDT
OKX MEW-USDT-SWAP
Gate MEW_USDT
MEXC MEW_USDT
Bitget MEWUSDT
BingX MEW-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MEW | +0.0100% | 4h | 0.0004707 | −0.356% | $83K | $36K | — | as long as short |
| Kraken Futures PF_MEWUSD | +0.0792% | 1h | 0.0004736 | +0.260% | $92K | $135K | 10x | as long as short |
Variational Omni MEW
Kraken Futures PF_MEWUSD