Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.111%
Price spread now: Bybit against KuCoin+0.036%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,247as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,276as in the Price arb table
costs, in and out, $10k−$1,27412.736% of the position
Funding, last 7 days+0.268%+$27 on $10k
+Price spread, last 4 days (all we have)+0.149%+$15 · spread now +0.036%, 7d avg +0.055%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin OUSDTM | 0.5601 | 0.0100 | pay 0.0050% / 4h | 2h 27m | $1.3M | $757K | 20x |
| Short | Bybit OUSDT | 0.5603 | 0.0100 | get 0.0050% / 4h | 2h 27m | $706K | $913K | 20x |
KuCoin OUSDTM
Bybit OUSDTFunding 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: +0.036% → +0.055%
- −$1.94
- Slippage, 4 orders
- −$1,250.57
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,275.5
- Costs to cover
- 12.736%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Bybit: live order book, 37 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, 3 min ago | 12.47 bp | 500.4 bp −$500 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 37 min ago | 5.40 bp | 203.8 bp −$204 | doesn't fit | doesn't fit | doesn't fit |
O on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit OUSDTshort | +0.0100% | 4h | 0.5603 | +0.036% | $706K | $913K | 20x | |
| Gate O_USDT | +0.0100% | 4h | 0.5601 | 0.000% | $1.5M | $494K | 20x | as long as short |
| KuCoin OUSDTMlong | +0.0100% | 4h | 0.5601 | long leg | $1.3M | $757K | 20x | |
| Bitget OUSDT | +0.0100% | 4h | 0.5607 | +0.107% | $1.6M | $300K | 10x | as long as short |
| Variational Omni O | +0.0100% | 4h | 0.5613 | +0.208% | $3K | $535 | — | as long as short |
| Aster OUSDT | +0.0199% | 4h | 0.5601 | −0.008% | $23K | $46K | 3x | as long as short |
| Binance OUSDT | +0.0306% | 4h | 0.5605 | +0.071% | $4.7M | $1.9M | 10x | as long as short |
| OKX O-USDT-SWAP | +0.0354% | 4h | 0.5608 | +0.125% | $1.5M | $1.1M | 10x | as long as short |
| MEXC O_USDT | +0.0360% | 4h | 0.5607 | +0.107% | $968K | $177K | 50x | as long as short |
| BingX O-USDT | +0.0400% | 4h | 0.5609 | +0.143% | — | $1.6M | — | as long as short |
Gate O_USDT
Bitget OUSDT
Variational Omni O
Aster OUSDT
Binance OUSDT
OKX O-USDT-SWAP
MEXC O_USDT
BingX O-USDT