Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.05310−0.3524get 0.1762% / 4h3h 58m$682K$248K12.5xLong Bybit
SHORT0.05302+0.0100get 0.0050% / 4h3h 58m$437K$74K30xShort KuCoin
Price gap−0.160%
Funding gap+0.3624% /8h

Both sides work: funding pays +$109 a day on $10k, and the gap is 0.044% above its 7d average: +$4 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$54+0.3624% /8h now · paid −0.543% over the last 7D
Price+$4spread −0.160% now, avg −0.204% → +0.044% if it goes back
Costs−$6576.568% of $10k · taker + slippage, in and out
Result−$707−7.07%no points

The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.543% in total, about −0.0258%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.160%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

POWR on 9 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size51.0 / 397.5 bp
    At $10k entering KuCoin costs 397.5 bp, fee and slippage, 7.8× Bybit’s.
  • Note: Margin at max leverage$800 + $333
    Bybit 12.5x, KuCoin 30x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$108.72Long Bybit: 6 payments, +$105.72; short KuCoin: 6 payments, +$3.00.
  • OK: Entry gap works for you−0.160% vs −0.204%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$437K vs $682K OI
    KuCoin sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBybit Yes · KuCoin Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0258%/8h × 21 periods−$54.28
Price spread−0.160% → −0.204% (7d avg)+$4.42
Slippage, 4 orderslive order books−$633.79
Fee Bybit bp × 2 orders−$11.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k−$706.65
Costs to cover6.568%Break-evennever at this rate
Slippage: Bybit: live order book, 43 min ago; KuCoin: live order book, 61 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit2.8351.0 bp−$51426.6 bp−$4,266doesn’t fitdoesn’t fit
SELL · SHORTKuCoin6.64397.5 bp−$398doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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