Funding arb · Price arb /

SPACE

all SPACE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.116%

Price spread now: Bybit against KuCoin+0.100%7-day average −0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,064as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,059as in the Price arb table

costs, in and out, $10k−$1,07210.721% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.081%+$8 on $10k

Price spread, last 4 days (all we have)−0.154%−$15 · spread now +0.100%, 7d avg −0.036%

Together, before fees−0.073%−$7 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 0.136% dearer against KuCoin than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.036%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SPACEUSDTM	0.004997	0.0100	pay 0.0050% / 4h	1h 52m	$632K	$102K	20x
Short	Bybit SPACEUSDT	0.005002	0.0100	get 0.0050% / 4h	1h 52m	$767K	$165K	13x

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

Position, each leg$Hold fordaysFee KuCoinbpFee BybitbpOrdersPrice spread, now +0.100%Rate

Funding earned: $0
Price spread: +0.100% → −0.036%: $13.58
Slippage, 4 orders: −$1,049.1
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$1,058.51
Costs to cover: 10.721%
Break-even: never at this rate

Slippage from KuCoin: live order book, 20 min ago; Bybit: live order book, 27 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 KuCoin live order book, 20 min ago	24.06 bp	241.8 bp −$242	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 27 min ago	6.01 bp	213.3 bp −$213	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
Binance SPACEUSDT	+0.0100%	4h	0.005012	+0.291%	$1.8M	$1.9M	50x	as long as short
Bybit SPACEUSDTshort	+0.0100%	4h	0.005002	+0.100%	$767K	$165K	13x
OKX SPACE-USDT-SWAP	+0.0100%	4h	0.005003	+0.120%	$1.5M	$1.1M	20x	as long as short
MEXC SPACE_USDT	+0.0100%	4h	0.005010	+0.260%	$362K	$155K	20x	as long as short
KuCoin SPACEUSDTMlong	+0.0100%	4h	0.004997	long leg	$632K	$102K	20x
Bitget SPACEUSDT	+0.0100%	4h	0.005009	+0.240%	$877K	$238K	20x	as long as short
BloFin SPACE-USDT	+0.0101%	4h	0.005013	+0.320%	$156K	$8K	50x	as long as short
Gate SPACE_USDT	+0.0248%	4h	0.005005	+0.160%	$754K	$426K	20x	as long as short
Aster SPACEUSDT	+0.0745%	4h	0.005006	+0.180%	$15K	$30K	5x	as long as short