Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: KuCoin against Bybit0.000%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5,206as in the Funding arb table
Net, price: spread back to 7d avg − costs−$5,215as in the Price arb table
costs, in and out, $10k−$5,21652.159% of the position
Funding, last 7 days+0.102%+$10 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now 0.000%, 7d avg −0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TOWNSUSDT | 0.002102 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $387K | $117K | 5x |
| Short | KuCoin TOWNSUSDTM | 0.002102 | 0.0100 | get 0.0050% / 4h | 3h 29m | $251K | $30K | 10x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: 0.000% → −0.004%
- $0.41
- Slippage, 4 orders
- −$5,192.85
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$5,215.44
- Costs to cover
- 52.159%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 15 min ago; KuCoin: live order book, 42 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, 15 min ago | 7.16 bp | 2676.9 bp −$2,677 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 42 min ago | 26.42 bp | 733.2 bp −$733 | doesn't fit | doesn't fit | doesn't fit |
TOWNS 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 TOWNS-USDT | +0.0060% | 4h | 0.002090 | −0.571% | $132K | $4K | 10x | as long as short |
| Aster TOWNSUSDT | +0.0100% | 4h | 0.002102 | −0.020% | $10K | $6K | 5x | as long as short |
| Binance TOWNSUSDT | +0.0100% | 4h | 0.002106 | +0.198% | $2.0M | $1.3M | 10x | as long as short |
| Bybit TOWNSUSDTlong | +0.0100% | 4h | 0.002102 | long leg | $387K | $117K | 5x | |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002108 | +0.285% | $71K | $14K | 10x | as long as short |
| MEXC TOWNS_USDT | +0.0100% | 4h | 0.002104 | +0.095% | $400K | $121K | 100x | as long as short |
| KuCoin TOWNSUSDTMshort | +0.0100% | 4h | 0.002102 | 0.000% | $251K | $30K | 10x | |
| Bitget TOWNSUSDT | +0.0100% | 4h | 0.002101 | −0.048% | $345K | $39K | 5x | as long as short |
| BingX TOWNS-USDT | +0.0100% | 4h | 0.002105 | +0.143% | — | $2.3M | — | as long as short |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002091 | −0.541% | $195 | $549 | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TOWNS-PERP-INTX | +0.0328% | 1h | 0.002074 | −1.332% | $77K | $3K | 25x | as long as short |
| Deribit TOWNS_USDC-PERPETUAL | +0.3082% | 1h | 0.002108 | +0.285% | — | — | 25x | as long as short |
Bybit TOWNSUSDT
KuCoin TOWNSUSDTM
BloFin TOWNS-USDT
Aster TOWNSUSDT
Binance TOWNSUSDT
Gate TOWNS_USDT
MEXC TOWNS_USDT
Bitget TOWNSUSDT
BingX TOWNS-USDT
Variational Omni TOWNS
Coinbase International TOWNS-PERP-INTX
Deribit TOWNS_USDC-PERPETUAL