Funding you earn now, next payment 12:00 UTC−0.0277%/8h= −30.3% APRnext payment −$1.38 per $10,000 · paid last 24h −0.156%
Price spread now: KuCoin against Bybit−0.094%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$941as in the Funding arb table
Net, price: spread back to 7d avg − costs−$928as in the Price arb table
costs, in and out, $10k−$9189.184% of the position
Funding, last 7 days−0.223%−$22 on $10k
+Price spread, last 4 days (all we have)+0.190%+$19 · spread now −0.094%, 7d avg +0.003%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and KuCoin is 0.097% cheaper against Bybit than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit QUSDT | 0.02550 | 0.0377 | pay 0.0188% / 4h | 1h 30m | $1.5M | $377K | 13x |
| Short | KuCoin QUSDTM | 0.02548 | 0.0100 | get 0.0050% / 4h | 1h 30m | $678K | $16K | 20x |
Bybit QUSDT
KuCoin QUSDTMFunding 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
- −$58.17
- Price spread: −0.094% → +0.003%
- −$9.7
- Slippage, 4 orders
- −$895.37
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$986.24
- Costs to cover
- 9.184%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 9 min ago; KuCoin: live order book, 6 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, 9 min ago | 3.91 bp | 63.7 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 21.78 bp | 466.3 bp −$466 | doesn't fit | doesn't fit | doesn't fit |
Q on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate Q_USDT | +0.0100% | 4h | 0.02549 | −0.059% | $1.2M | $291K | 10x | as long as short |
| KuCoin QUSDTMshort | +0.0100% | 4h | 0.02548 | −0.094% | $678K | $16K | 20x | |
| Bitget QUSDT | +0.0100% | 4h | 0.02553 | +0.106% | $2.3M | $123K | 20x | as long as short |
| Variational Omni Q | +0.0223% | 4h | 0.02553 | +0.131% | $616 | $2K | — | as long as short |
| Aster QUSDT | +0.0339% | 4h | 0.02550 | −0.019% | $59K | $45K | 5x | as long as short |
| Bybit QUSDTlong | +0.0377% | 4h | 0.02550 | long leg | $1.5M | $377K | 13x | |
| BloFin Q-USDT | +0.0860% | 4h | 0.02552 | +0.071% | $390K | $68K | 40x | as long as short |
| BingX Q-USDT | +0.0880% | 4h | 0.02553 | +0.133% | — | $1.3M | — | as long as short |
| Binance QUSDT | +0.0904% | 4h | 0.02553 | +0.114% | $7.1M | $1.3M | 20x | as long as short |
| Extended Q-USD | +0.0904% | 1h | 0.02552 | +0.086% | $8K | $181K | 5x | as long as short |
Gate Q_USDT
Bitget QUSDT
Variational Omni Q
Aster QUSDT
BloFin Q-USDT
BingX Q-USDT
Binance QUSDT
Extended Q-USDShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC Q_USDT | +0.0908% | 4h | 0.02553 | +0.110% | $122K | $87K | 50x | as long as short |
MEXC Q_USDT