Funding you earn now, next payment 04:00 UTC+0.0056%/8h= +6.2% APRpaid last 24h +0.057%
Price spread now: Bybit against KuCoin+0.025%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$998as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,010as in the Price arb table
costs, in and out, $10k−$1,00510.049% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 4 days (all we have)+0.072%+$7 · spread now +0.025%, 7d avg +0.071%
=Funding pays, the price is against you. Bybit is 0.047% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.025% now, against its 7-day average of +0.071%). If the spread goes back, that is −$5 on $10k: about 2.8 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin OGUSDTM | 2.8349 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $171K | $73K | 25x |
| Short | Bybit OGUSDT | 2.8356 | 0.0156 | get 0.0156% / 8h | 7h 39m | $539K | $176K | 13x |
KuCoin OGUSDTM
Bybit OGUSDTFunding 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
- $11.81
- Price spread: +0.025% → +0.071%
- −$4.68
- Slippage, 4 orders
- −$981.92
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$997.79
- Costs to cover
- 10.049%
- Break-even
- 598.5 days
Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 25 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, 4 min ago | 23.30 bp | 370.3 bp −$370 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 25 min ago | 5.31 bp | 69.2 bp −$69 | 409.4 bp −$4,094 | doesn't fit | doesn't fit |
OG on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance OGUSDT | +0.0100% | 4h | 2.8316 | −0.115% | $1.9M | $1.1M | 25x | as long as short |
| Gate OG_USDT | +0.0100% | 4h | 2.8260 | −0.314% | $98K | $29K | 25x | as long as short |
| MEXC OG_USDT | +0.0100% | 4h | 2.8320 | −0.102% | $777K | $225K | 50x | as long as short |
| KuCoin OGUSDTMlong | +0.0100% | 4h | 2.8349 | long leg | $171K | $73K | 25x | |
| Bitget OGUSDT | +0.0100% | 4h | 2.8314 | −0.123% | $265K | $124K | 20x | as long as short |
| BingX OG-USDT | +0.0100% | 4h | 2.8330 | −0.067% | — | $6.5M | — | as long as short |
| Variational Omni OG | +0.0100% | 8h | 2.8351 | +0.006% | $1K | $241 | — | as long as short |
| Bybit OGUSDTshort | +0.0156% | 8h | 2.8356 | +0.025% | $539K | $176K | 13x |
Binance OGUSDT
Gate OG_USDT
MEXC OG_USDT
Bitget OGUSDT
BingX OG-USDT
Variational Omni OG