Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: Bybit against KuCoin−0.345%7-day average −0.146% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,015as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,021as in the Price arb table
costs, in and out, $10k−$1,00110.012% of the position
Funding, last 7 days−0.142%−$14 on $10k
+Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.345%, 7d avg −0.146%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.199% cheaper against KuCoin than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.146%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ORDERUSDTM | 0.04061 | 0.0100 | pay 0.0050% / 4h | 27m 47s | $226K | $87K | 30x |
| Short | Bybit ORDERUSDT | 0.04047 | 0.0100 | get 0.0100% / 8h | 4h 27m | $1.3M | $730K | 20x |
KuCoin ORDERUSDTM
Bybit ORDERUSDTFunding 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: −0.345% → −0.146%
- −$19.89
- Slippage, 4 orders
- −$978.24
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,021.12
- Costs to cover
- 10.012%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 53 min ago; Bybit: live order book, 3 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, 53 min ago | 20.52 bp | 540.8 bp −$541 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.93 bp | 65.1 bp −$65 | 266.6 bp −$2,666 | 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 | 0.04060 | −0.036% | $1.4M | $1.9M | 50x | as long as short |
| Bybit ORDERUSDTshort | +0.0100% | 8h | 0.04047 | −0.345% | $1.3M | $730K | 20x | |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.04057 | −0.098% | $168K | $323K | 20x | as long as short |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04059 | −0.049% | $76K | $60K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.04059 | −0.049% | $274K | $100K | 20x | as long as short |
| KuCoin ORDERUSDTMlong | +0.0100% | 4h | 0.04061 | long leg | $226K | $87K | 30x | |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.04055 | −0.148% | $482K | $253K | 20x | as long as short |
| BingX ORDER-USDT | +0.0100% | 4h | 0.04056 | −0.123% | — | $1.3M | — | as long as short |
| Variational Omni ORDER | +0.0100% | 8h | 0.04054 | −0.165% | $10K | $2K | — | as long as short |
| BloFin ORDER-USDT | +0.0125% | 8h | 0.04058 | −0.074% | $65K | $7K | 16x | as long as short |
Binance ORDERUSDT
OKX ORDER-USDT-SWAP
Gate ORDER_USDT
MEXC ORDER_USDT
Bitget ORDERUSDT
BingX ORDER-USDT
Variational Omni ORDER
BloFin ORDER-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDC | +0.0657% | 4h | 0.04063 | +0.049% | $192K | $161K | 10x | as long as short |
Orderly PERP_ORDER_USDC