Funding you earn now, next payment 08:00 UTC+0.0087%/8h= +9.6% APRnext payment +$0.44 per $10,000 · paid last 24h +0.067%
Price spread now: Bybit against KuCoin+0.190%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$729as in the Funding arb table
Net, price: spread back to 7d avg − costs−$700as in the Price arb table
costs, in and out, $10k−$7217.205% of the position
Funding, last 7 days−0.090%−$9 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now +0.190%, 7d avg −0.018%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.208% dearer against KuCoin than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.018%. Mind the row above: over the last 7 days funding on this pair cost −0.090%, 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 | KuCoin STBLUSDTM | 0.02638 | 0.0100 | pay 0.0050% / 4h | 2h 22m | $1.1M | $236K | 20x |
| Short | Bybit STBLUSDT | 0.02643 | 0.0187 | get 0.0094% / 4h | 2h 22m | $1.5M | $655K | 20x |
KuCoin STBLUSDTM
Bybit STBLUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $18.34
- Price spread: +0.190% → −0.018%
- $20.76
- Slippage, 4 orders
- −$697.51
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$681.41
- Costs to cover
- 7.205%
- Break-even
- 267.1 days
Slippage from KuCoin: live order book, 2 min ago; Bybit: live order book, 4 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, 2 min ago | 28.44 bp | 247.5 bp −$248 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 5.68 bp | 114.6 bp −$115 | doesn't fit | doesn't fit | doesn't fit |
STBL on 12 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 STBL-USDT | +0.0077% | 4h | 0.02643 | +0.190% | $126K | $21K | 50x | as long as short |
| Lighter STBL | +0.0096% | 1h | 0.02632 | −0.227% | $79K | $2K | 3x | as long as short |
| Hyperliquid STBL | +0.0100% | 1h | 0.02641 | +0.114% | $1.9M | $251K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02638 | −0.001% | $88K | $5K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02644 | +0.239% | $1.9M | $2.0M | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02643 | +0.190% | $360K | $147K | 100x | as long as short |
| KuCoin STBLUSDTMlong | +0.0100% | 4h | 0.02638 | long leg | $1.1M | $236K | 20x | |
| Variational Omni STBL | +0.0100% | 4h | 0.02641 | +0.116% | $965 | $276 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02640 | +0.076% | $1K | $1.1M | 20x | as long as short |
| Bybit STBLUSDTshort | +0.0187% | 4h | 0.02643 | +0.190% | $1.5M | $655K | 20x |
BloFin STBL-USDT
Lighter STBL
Hyperliquid STBL
Aster STBLUSDT
Binance STBLUSDT
MEXC STBL_USDT
Variational Omni STBL
SunX STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX STBL-USDT | +0.0310% | 4h | 0.02645 | +0.265% | — | $6.6M | — | as long as short |
| Gate STBL_USDT | +0.1186% | 4h | 0.02651 | +0.493% | $1.2M | $95K | 50x | as long as short |
BingX STBL-USDT
Gate STBL_USDT