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

SPORTFUN

all SPORTFUN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0502%/8h= +55.0% APRnext payment +$2.51 per $10,000 · paid last 24h +0.079%
Price spread now: KuCoin against Bybit+0.206%7-day average −0.333% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.144%+$14 on $10k
Price spread, last 4 days (all we have)−1.013%−$101 · spread now +0.206%, 7d avg −0.333%
Together, before fees−0.869%−$87 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and KuCoin is 0.539% dearer against Bybit than usual: you sell high and buy low: +$54 more if the spread goes back to its 7-day average of −0.333%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.144% in total (about 7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SPORTFUNUSDT0.019460.0100pay 0.0050% / 4h3h 47m$400K$47K20x
ShortKuCoin SPORTFUNUSDTM0.019500.0602get 0.0301% / 4h3h 47m$221K$4K20x

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
$105.42
Price spread: +0.206% → −0.333%
$53.88
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$136.3
Costs to cover
0.230%
Break-even
from the start
Slippage unknown: Bybit: live order book, 62 min ago; KuCoin: live order book, 23 min ago. Net counts fees only.

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, 62 min ago7.71 bp300.0 bp −$300doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 23 min ago61.60 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

SPORTFUN on 5 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
Bybit SPORTFUNUSDTlong+0.0100%4h0.01946long leg$400K$47K20x
KuCoin SPORTFUNUSDTMshort+0.0602%4h0.01950+0.206%$221K$4K20x
BingX SPORTFUN-USDT+0.1506%4h0.01943−0.154%$1.6Mas long as short
Binance SPORTFUNUSDT+0.1559%4h0.01941−0.257%$2.1M$667K10xas long as short
MEXC SPORTFUN_USDT+0.1570%4h0.01940−0.308%$308K$119K20xas long as short