Funding you earn now, next payment 12:00 UTC+0.0244%/8h= +26.7% APRnext payment +$1.22 per $10,000 · paid last 24h −0.087%
Price spread now: KuCoin against Bybit+0.143%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,429as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,381as in the Price arb table
costs, in and out, $10k−$1,40114.010% of the position
Funding, last 7 days−0.277%−$28 on $10k
+Price spread, last 4 days (all we have)−0.327%−$33 · spread now +0.143%, 7d avg −0.055%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and KuCoin is 0.198% dearer against Bybit than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.055%. Mind the row above: over the last 7 days funding on this pair cost −0.277%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit OUSDT | 0.5613 | 0.0100 | pay 0.0050% / 4h | 3h 56m | $702K | $1.0M | 20x |
| Short | KuCoin OUSDTM | 0.5621 | 0.0344 | get 0.0172% / 4h | 3h 56m | $1.3M | $668K | 20x |
Bybit OUSDT
KuCoin OUSDTMFunding 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
- $51.24
- Price spread: +0.143% → −0.055%
- $19.77
- Slippage, 4 orders
- −$1,378.01
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,330
- Costs to cover
- 14.010%
- Break-even
- 188.7 days
Slippage from Bybit: live order book, 39 min ago; KuCoin: live order book, 9 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, 39 min ago | 8.99 bp | 331.1 bp −$331 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 13.34 bp | 186.1 bp −$186 | doesn't fit | doesn't fit | doesn't fit |
O on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OUSDT | +0.0100% | 4h | 0.5599 | −0.249% | $20K | $53K | 3x | as long as short |
| Bybit OUSDTlong | +0.0100% | 4h | 0.5613 | long leg | $702K | $1.0M | 20x | |
| Gate O_USDT | +0.0100% | 4h | 0.5606 | −0.125% | $1.5M | $615K | 20x | as long as short |
| Bitget OUSDT | +0.0100% | 4h | 0.5617 | +0.071% | $1.6M | $396K | 10x | as long as short |
| Variational Omni O | +0.0100% | 4h | 0.5629 | +0.289% | $3K | $518 | — | as long as short |
| Binance OUSDT | +0.0182% | 4h | 0.5609 | −0.063% | $4.7M | $2.2M | 10x | as long as short |
| KuCoin OUSDTMshort | +0.0344% | 4h | 0.5621 | +0.143% | $1.3M | $668K | 20x | |
| OKX O-USDT-SWAP | +0.0535% | 4h | 0.5618 | +0.089% | $1.5M | $1.2M | 10x | as long as short |
| MEXC O_USDT | +0.0542% | 4h | 0.5616 | +0.053% | $955K | $167K | 50x | as long as short |
| BloFin O-USDT | +0.0724% | 4h | 0.5627 | +0.249% | $242K | $6K | 20x | as long as short |
Aster OUSDT
Gate O_USDT
Bitget OUSDT
Variational Omni O
Binance OUSDT
OKX O-USDT-SWAP
MEXC O_USDT
BloFin O-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX O-USDT | +0.1248% | 4h | 0.5612 | −0.018% | — | $1.6M | — | as long as short |
BingX O-USDT