Funding you earn now, next payment 04:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.12 per $10,000 · paid last 24h +0.107%
Price spread now: KuCoin against Bybit−0.058%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,423as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,425as in the Price arb table
costs, in and out, $10k−$1,41514.153% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.058%, 7d avg +0.035%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.093% cheaper against Bybit than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.035%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SPACEUSDT | 0.005137 | 0.0123 | pay 0.0062% / 4h | 2h 49m | $793K | $175K | 13x |
| Short | KuCoin SPACEUSDTM | 0.005134 | 0.0100 | get 0.0050% / 4h | 2h 49m | $650K | $107K | 20x |
Bybit SPACEUSDT
KuCoin SPACEUSDTMFunding 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
- −$4.87
- Price spread: −0.058% → +0.035%
- −$9.34
- Slippage, 4 orders
- −$1,392.28
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,429.49
- Costs to cover
- 14.153%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 16 min ago; KuCoin: live order book, 64 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, 16 min ago | 5.78 bp | 303.5 bp −$303 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 64 min ago | 18.67 bp | 164.7 bp −$165 | doesn't fit | doesn't fit | doesn't fit |
SPACE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SPACE-USDT | +0.0092% | 4h | 0.005148 | +0.214% | $161K | $9K | 50x | as long as short |
| Binance SPACEUSDT | +0.0100% | 4h | 0.005147 | +0.189% | $1.9M | $2.1M | 50x | as long as short |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.005140 | +0.058% | $1.5M | $1.2M | 20x | as long as short |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.005146 | +0.175% | $400K | $150K | 20x | as long as short |
| KuCoin SPACEUSDTMshort | +0.0100% | 4h | 0.005134 | −0.058% | $650K | $107K | 20x | |
| Bitget SPACEUSDT | +0.0100% | 4h | 0.005137 | 0.000% | $898K | $244K | 20x | as long as short |
| Bybit SPACEUSDTlong | +0.0123% | 4h | 0.005137 | long leg | $793K | $175K | 13x | |
| Gate SPACE_USDT | +0.0168% | 4h | 0.005134 | −0.058% | $776K | $395K | 20x | as long as short |
| Aster SPACEUSDT | +0.0984% | 4h | 0.005140 | +0.058% | $16K | $32K | 5x | as long as short |
BloFin SPACE-USDT
Binance SPACEUSDT
OKX SPACE-USDT-SWAP
MEXC SPACE_USDT
Bitget SPACEUSDT
Gate SPACE_USDT
Aster SPACEUSDT