Funding you earn now, next payment 12:00 UTC+0.0052%/8h= +5.6% APRnext payment +$0.26 per $10,000 · paid last 24h +0.305%
Price spread now: KuCoin against Bybit−1.102%7-day average −0.463% · you buy dearer than you sell
Net, funding: paid 7d − costs−$621as in the Funding arb table
Net, price: spread back to 7d avg − costs−$806as in the Price arb table
costs, in and out, $10k−$7427.420% of the position
Funding, last 7 days+1.209%+$121 on $10k
+Price spread, last 4 days (all we have)+0.724%+$72 · spread now −1.102%, 7d avg −0.463%
=Funding pays, the price is against you. KuCoin is 0.639% cheaper against Bybit than usual: you would sell low and buy high (spread −1.102% now, against its 7-day average of −0.463%). If the spread goes back, that is −$64 on $10k: about 41 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+1.209% in total) that is about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SIRENUSDT | 0.02450 | 0.0244 | pay 0.0122% / 4h | 47m 54s | $1.9M | $2.7M | 5x |
| Short | KuCoin SIRENUSDTM | 0.02423 | 0.0296 | get 0.0148% / 4h | 47m 54s | $996K | $430K | 10x |
Bybit SIRENUSDT
KuCoin SIRENUSDTMFunding 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
- $10.82
- Price spread: −1.102% → −0.463%
- −$63.95
- Slippage, 4 orders
- −$719.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$795.14
- Costs to cover
- 7.420%
- Break-even
- 521.3 days
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 9 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, 2 min ago | 4.08 bp | 27.7 bp −$28 | 163.6 bp −$1,636 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 6.17 bp | 404.2 bp −$404 | doesn't fit | doesn't fit | doesn't fit |
SIREN on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX SIREN-USDT | +0.0100% | 4h | 0.02422 | −1.143% | $1K | $1.1M | 20x | as long as short |
| Bitget SIRENUSDT | +0.0142% | 4h | 0.02435 | −0.612% | $2.8M | $1.6M | 10x | as long as short |
| Bybit SIRENUSDTlong | +0.0244% | 4h | 0.02450 | long leg | $1.9M | $2.7M | 5x | |
| KuCoin SIRENUSDTMshort | +0.0296% | 4h | 0.02423 | −1.102% | $996K | $430K | 10x | |
| Aster SIRENUSDT | +0.0862% | 4h | 0.02418 | −1.306% | $215K | $65K | 5x | as long as short |
| Binance SIRENUSDT | +0.1092% | 4h | 0.02420 | −1.209% | $8.5M | $3.1M | 10x | as long as short |
| MEXC SIREN_USDT | +0.1104% | 4h | 0.02421 | −1.184% | $686K | $123K | 100x | as long as short |
| BingX SIREN-USDT | +0.1140% | 4h | 0.02424 | −1.061% | — | $2.3M | — | as long as short |
| Gate SIREN_USDT | +0.1706% | 4h | 0.02413 | −1.510% | $573K | $195K | 10x | as long as short |
SunX SIREN-USDT
Bitget SIRENUSDT
Aster SIRENUSDT
Binance SIRENUSDT
MEXC SIREN_USDT
BingX SIREN-USDT
Gate SIREN_USDT