Funding you earn now, next payment 00:00 UTC+0.0310%/8h= +33.9% APRpaid last 24h +0.298%
Price spread now: KuCoin against Bybit−0.044%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$420as in the Funding arb table
Net, price: spread back to 7d avg − costs−$386as in the Price arb table
costs, in and out, $10k−$3853.851% of the position
Funding, last 7 days−0.350%−$35 on $10k
+Price spread, last 4 days (all we have)+0.173%+$17 · spread now −0.044%, 7d avg −0.034%
=The price spread sits at its 7-day average of −0.034%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.350%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SKLUSDT | 0.004532 | −0.0210 | get 0.0210% / 8h | 1h 18m | $858K | $1.2M | 25x |
| Short | KuCoin SKLUSDTM | 0.004530 | 0.0100 | get 0.0050% / 4h | 1h 18m | $838K | $438K | 30x |
Bybit SKLUSDT
KuCoin SKLUSDTMFunding 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
- $65.05
- Price spread: −0.044% → −0.034%
- −$0.97
- Slippage, 4 orders
- −$362.14
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$321.06
- Costs to cover
- 3.851%
- Break-even
- 41.5 days
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 56 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 | 1.10 bp | 58.4 bp −$58 | 571.2 bp −$5,712 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 56 min ago | 3.30 bp | 118.5 bp −$119 | 539.1 bp −$5,391 | doesn't fit | doesn't fit |
SKL on 10 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SKLUSD | −0.0260% | 1h | 0.004538 | +0.138% | $5K | $5K | 10x | as long as short |
| Bybit SKLUSDTlong | −0.0210% | 8h | 0.004532 | long leg | $858K | $1.2M | 25x | |
| Bitget SKLUSDT | −0.0188% | 4h | 0.004530 | −0.044% | $501K | $1.1M | 25x | as long as short |
| Variational Omni SKL | −0.0102% | 8h | 0.004537 | +0.109% | $696 | $1K | — | as long as short |
| Binance SKLUSDT | +0.0100% | 4h | 0.004530 | −0.044% | $2.8M | $10.1M | 50x | as long as short |
| Gate SKL_USDT | +0.0100% | 4h | 0.004530 | −0.044% | $210K | $247K | 50x | as long as short |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004530 | −0.044% | $379K | $216K | 20x | as long as short |
| KuCoin SKLUSDTMshort | +0.0100% | 4h | 0.004530 | −0.044% | $838K | $438K | 30x | |
| BingX SKL-USDT | +0.0100% | 4h | 0.004533 | +0.022% | — | $2.3M | — | as long as short |
| BloFin SKL-USDT | +0.0136% | 4h | 0.004531 | −0.022% | $184K | $44K | 50x | as long as short |
Kraken Futures PF_SKLUSD
Bitget SKLUSDT
Variational Omni SKL
Binance SKLUSDT
Gate SKL_USDT
MEXC SKL_USDT
BingX SKL-USDT
BloFin SKL-USDT