Settings8H · net · $10k
Funding arb · Price arb /

RARE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin−0.053%7-day average +0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$544as in the Funding arb table
Net, price: spread back to 7d avg − costs−$555as in the Price arb table
costs, in and out, $10k−$5425.419% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.053%, 7d avg +0.074%
Together, before fees−0.063%−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.127% cheaper against KuCoin than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.074%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin RAREUSDTM0.013290.0100pay 0.0050% / 4h3h 29m$203K$75K30x
ShortBybit RAREUSDT0.013280.0100get 0.0050% / 4h3h 29m$311K$83K25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.053% → +0.074%
−$12.67
Slippage, 4 orders
−$518.88
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$554.55
Costs to cover
5.419%
Break-even
never at this rate
Slippage from KuCoin: live order book, 42 min ago; Bybit: live order book, 15 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 42 min ago15.03 bp191.6 bp −$192doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 15 min ago3.75 bp117.4 bp −$117doesn't fitdoesn't fitdoesn't fit

RARE on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster RAREUSDT+0.0100%4h0.01328−0.104%$8K$2K5xas long as short
Binance RAREUSDT+0.0100%4h0.01328−0.075%$1.6M$1.1M25xas long as short
Bybit RAREUSDTshort+0.0100%4h0.01328−0.053%$311K$83K25x
Gate RARE_USDT+0.0100%4h0.01328−0.075%$49K$28K20xas long as short
MEXC RARE_USDT+0.0100%4h0.01328−0.075%$626K$162K100xas long as short
KuCoin RAREUSDTMlong+0.0100%4h0.01329long leg$203K$75K30x
Bitget RAREUSDT+0.0100%4h0.01327−0.150%$235K$71K20xas long as short
BingX RARE-USDT+0.0100%4h0.01328−0.075%$1.2Mas long as short
Variational Omni RARE+0.0100%4h0.01330+0.110%$1K$2Kas long as short
BloFin RARE-USDT+0.0139%4h0.01330+0.075%$107K$12K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_RAREUSD+1.2576%1h0.01340+0.824%$3K$2K10xas long as short