Funding you earn now, next payment 04:00 UTC+0.0090%/8h= +9.9% APRnext payment +$0.45 per $10,000 · paid last 24h +0.031%
Price spread now: KuCoin against Bybit−0.061%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,367as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,431as in the Price arb table
costs, in and out, $10k−$1,42914.286% of the position
Funding, last 7 days+0.618%+$62 on $10k
+Price spread, last 7 days−0.050%−$5 · spread now −0.061%, 7d avg −0.039%
=Funding pays, the price is against you. KuCoin is 0.022% cheaper against Bybit than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of −0.039%). If the spread goes back, that is −$2 on $10k: about 19 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.618% in total) that is about 6 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TACUSDT | 0.001651 | 0.0100 | pay 0.0050% / 4h | 3h 38m | $1.2M | $196K | 5x |
| Short | KuCoin TACUSDTM | 0.001650 | 0.0190 | get 0.0095% / 4h | 3h 38m | $1.4M | $197K | 10x |
Bybit TACUSDT
KuCoin TACUSDTMFunding 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
- $18.9
- Price spread: −0.061% → −0.039%
- −$2.19
- Slippage, 4 orders
- −$1,405.64
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,411.93
- Costs to cover
- 14.286%
- Break-even
- 529.9 days
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 7 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 | 9.07 bp | 121.8 bp −$122 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 6.07 bp | 595.4 bp −$595 | doesn't fit | doesn't fit | doesn't fit |
TAC 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TACUSDTlong | +0.0100% | 4h | 0.001651 | long leg | $1.2M | $196K | 5x | |
| Variational Omni TAC | +0.0100% | 4h | 0.001655 | +0.257% | $16 | — | — | as long as short |
| KuCoin TACUSDTMshort | +0.0190% | 4h | 0.001650 | −0.061% | $1.4M | $197K | 10x | |
| Aster TACUSDT | +0.0483% | 4h | 0.001650 | −0.070% | $25K | $7K | 5x | as long as short |
| BingX TAC-USDT | +0.0486% | 4h | 0.001652 | +0.061% | — | $1.3M | — | as long as short |
| MEXC TAC_USDT | +0.0534% | 4h | 0.001648 | −0.182% | $481K | $130K | 50x | as long as short |
| Extended TAC-USD | +0.0536% | 1h | 0.001649 | −0.145% | $1K | $169K | 5x | as long as short |
| Binance TACUSDT | +0.0538% | 4h | 0.001650 | −0.045% | $2.8M | $2.2M | 10x | as long as short |
| BloFin TAC-USDT | +0.0593% | 4h | 0.001652 | +0.061% | $183K | $8K | 10x | as long as short |
| Gate TAC_USDT | +0.1390% | 4h | 0.001653 | +0.121% | $261K | $180K | 10x | as long as short |
Variational Omni TAC
Aster TACUSDT
BingX TAC-USDT
MEXC TAC_USDT
Extended TAC-USD
Binance TACUSDT
BloFin TAC-USDT
Gate TAC_USDT