Settings8H · net · $10k
Funding arb · Price arb /

OG

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.057%
Price spread now: KuCoin against Bybit−0.183%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$837as in the Funding arb table
Net, price: spread back to 7d avg − costs−$842as in the Price arb table
costs, in and out, $10k−$8308.301% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.074%−$7 on $10k
Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.183%, 7d avg −0.068%
Together, before fees+0.024%+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.115% cheaper against Bybit than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit OGUSDT2.84100.0100pay 0.0100% / 8h4h 25m$531K$159K13x
ShortKuCoin OGUSDTM2.83580.0100get 0.0050% / 4h25m 33s$170K$60K25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.183% → −0.068%
−$11.51
Slippage, 4 orders
−$807.07
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$841.59
Costs to cover
8.301%
Break-even
never at this rate
Slippage from Bybit: live order book, 24 min ago; KuCoin: live order book, 49 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 24 min ago5.29 bp128.7 bp −$1291393.4 bp −$13.9Kdoesn't fitdoesn't fit
Sell KuCoin live order book, 49 min ago19.54 bp255.4 bp −$255doesn't fitdoesn't fitdoesn't fit

OG on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance OGUSDT+0.0100%4h2.8347−0.222%$1.9M$1.1M25xas long as short
Bybit OGUSDTlong+0.0100%8h2.8410long leg$531K$159K13x
MEXC OG_USDT+0.0100%4h2.8340−0.246%$743K$232K50xas long as short
KuCoin OGUSDTMshort+0.0100%4h2.8358−0.183%$170K$60K25x
Bitget OGUSDT+0.0100%4h2.8332−0.275%$251K$136K20xas long as short
BingX OG-USDT+0.0100%4h2.8370−0.141%$6.5Mas long as short
Variational Omni OG+0.0100%8h2.8400−0.036%$1K$262as long as short
Gate OG_USDT+0.0470%4h2.8300−0.387%$97K$27K25xas long as short