Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: KuCoin against Bybit+0.252%7-day average +0.139% · you sell dearer than you buy
Net, funding: paid 7d − costs−$968as in the Funding arb table
Net, price: spread back to 7d avg − costs−$971as in the Price arb table
costs, in and out, $10k−$9829.822% of the position
Funding, last 7 days+0.142%+$14 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.252%, 7d avg +0.139%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.113% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.139%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ORDERUSDT | 0.03971 | 0.0100 | pay 0.0100% / 8h | 1h 09m | $1.3M | $594K | 20x |
| Short | KuCoin ORDERUSDTM | 0.03981 | 0.0100 | get 0.0050% / 4h | 1h 09m | $220K | $88K | 30x |
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 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: +0.252% → +0.139%
- $11.25
- Slippage, 4 orders
- −$959.19
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$970.94
- Costs to cover
- 9.822%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 60 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, 1 min ago | 1.26 bp | 64.6 bp −$65 | 348.4 bp −$3,484 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 60 min ago | 18.80 bp | 252.8 bp −$253 | doesn't fit | doesn't fit | doesn't fit |
ORDER 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ORDERUSDT | +0.0100% | 4h | 0.03982 | +0.283% | $1.4M | $1.5M | 50x | as long as short |
| Bybit ORDERUSDTlong | +0.0100% | 8h | 0.03971 | long leg | $1.3M | $594K | 20x | |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.03977 | +0.151% | $161K | $295K | 20x | as long as short |
| Gate ORDER_USDT | +0.0100% | 4h | 0.03980 | +0.227% | $73K | $79K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.03981 | +0.252% | $269K | $102K | 20x | as long as short |
| KuCoin ORDERUSDTMshort | +0.0100% | 4h | 0.03981 | +0.252% | $220K | $88K | 30x | |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.03978 | +0.176% | $477K | $198K | 20x | as long as short |
| Variational Omni ORDER | +0.0100% | 8h | 0.03971 | +0.012% | $10K | $2K | — | as long as short |
| BloFin ORDER-USDT | +0.0127% | 8h | 0.03969 | −0.050% | $66K | $7K | 16x | as long as short |
| BingX ORDER-USDT | +0.0200% | 4h | 0.03976 | +0.126% | — | $1.3M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDC | +0.0898% | 4h | 0.03982 | +0.277% | $188K | $215K | 10x | as long as short |
Bybit ORDERUSDT
KuCoin ORDERUSDTM
Binance ORDERUSDT
OKX ORDER-USDT-SWAP
Gate ORDER_USDT
MEXC ORDER_USDT
Bitget ORDERUSDT
Variational Omni ORDER
BloFin ORDER-USDT
BingX ORDER-USDT