Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1124 | −0.4475 | get 0.2238% / 4h | 1h 15m | $568K | $387K | 20x | Long Bybit | |
| SHORT | 0.1127 | +0.0100 | get 0.0050% / 4h | 1h 15m | $796K | $2.3M | 20x | Short KuCoin |
Price gap+0.285%
Funding gap+0.4575% /8h
Both sides work: funding pays +$137 a day on $10k, and the gap is 0.249% above its 7d average: +$25 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$65+0.4575% /8h now · paid +0.653% over the last 7D
Price+$25spread +0.285% now, avg +0.036% → +0.249% if it goes back
Costs−$2,49524.954% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.653% in total, about +0.0311%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.285%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hNES on 7 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size763.8 / 983.1 bpAt $10k entering KuCoin costs 983.1 bp, fee and slippage, 1.3× Bybit’s.
- Note: Margin at max leverage$500 + $500Bybit 20x, KuCoin 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$137.26Long Bybit: 6 payments, +$134.26; short KuCoin: 6 payments, +$3.00.
- OK: Entry gap works for you+0.285% vs +0.036%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$568K vs $796K OIBybit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Yes · KuCoin YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0311%/8h × 21 periods+$65.32
Price spread+0.285% → +0.036% (7d avg)+$24.91
Slippage, 4 orderslive order books−$2,472.37
Fee Bybit bp × 2 orders−$11.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k−$2,405.14
Costs to cover24.954%Break-even264.8 days
Slippage: Bybit: live order book, 30 min ago; KuCoin: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit49.08763.8 bp−$764doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTKuCoin15.05983.1 bp−$983doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Aster