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

SATS

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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: KuCoin against Bybit−0.121%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,318as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,333as in the Price arb table
costs, in and out, $10k−$1,32813.284% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.102%+$10 on $10k
Price spread, last 4 days (all we have)−0.045%−$4 · spread now −0.121%, 7d avg −0.075%
Together, before fees+0.057%+$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: KuCoin is 0.046% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.075%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit 10000SATSUSDT0.000000012380.0100pay 0.0050% / 4h2h 52m$288K$898K13x
ShortKuCoin 10000SATSUSDTM0.000000012370.0100get 0.0050% / 4h2h 52m$198K$90K10x

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 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: −0.121% → −0.075%
−$4.63
Slippage, 4 orders
−$1,305.37
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,333
Costs to cover
13.284%
Break-even
never at this rate
Slippage from Bybit: live order book, 58 min ago; KuCoin: live order book, 4 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 Bybit live order book, 58 min ago5.22 bp72.8 bp −$73doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago4.04 bp518.5 bp −$519doesn't fitdoesn't fitdoesn't fit

SATS on 8 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
Binance 1000SATSUSDT+0.0100%4h0.00000001238−0.040%$2.2M$5.6M25xas long as short
Bybit 10000SATSUSDTlong+0.0100%4h0.00000001238long leg$288K$898K13x
OKX SATS-USDT-SWAP+0.0100%8h0.00000001237−0.153%$814K$3.0M10xas long as short
Gate SATS_USDT+0.0100%4h0.00000001236−0.202%$363K$258K25xas long as short
MEXC SATS_USDT+0.0100%8h0.00000001238−0.040%$386K$186K100xas long as short
KuCoin 10000SATSUSDTMshort+0.0100%4h0.00000001237−0.121%$198K$90K10x
Bitget 1000SATSUSDT+0.0100%4h0.00000001238−0.040%$720K$249K25xas long as short
BingX 10000SATS-USDT+0.0100%4h0.00000001237−0.121%$5.8Mas long as short