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: Bybit against KuCoin−0.336%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$3,467as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3,491as in the Price arb table
costs, in and out, $10k−$3,45734.565% of the position
Funding, last 7 days−0.102%−$10 on $10k
+Price spread, last 4 days (all we have)+0.273%+$27 · spread now −0.336%, 7d avg +0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.340% cheaper against KuCoin than usual: you would sell low and buy high, −$34 on $10k if it goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TOWNSUSDTM | 0.002083 | 0.0100 | pay 0.0050% / 4h | 2h 15m | $248K | $31K | 10x |
| Short | Bybit TOWNSUSDT | 0.002076 | 0.0100 | get 0.0050% / 4h | 2h 15m | $382K | $119K | 5x |
KuCoin TOWNSUSDTM
Bybit TOWNSUSDTFunding 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
- $0
- Price spread: −0.336% → +0.004%
- −$34.01
- Slippage, 4 orders
- −$3,433.55
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$3,490.56
- Costs to cover
- 34.565%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 41 min ago; Bybit: live order book, 24 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, 41 min ago | 14.33 bp | 1174.6 bp −$1,175 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 24 min ago | 7.23 bp | 594.6 bp −$595 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TOWNS-PERP-INTX | −0.0936% | 1h | 0.002222 | +6.673% | $83K | $4K | 25x | as long as short |
| BloFin TOWNS-USDT | +0.0079% | 4h | 0.002080 | −0.144% | $130K | $4K | 10x | as long as short |
| Aster TOWNSUSDT | +0.0100% | 4h | 0.002077 | −0.293% | $10K | $6K | 5x | as long as short |
| Binance TOWNSUSDT | +0.0100% | 4h | 0.002079 | −0.204% | $2.0M | $1.3M | 10x | as long as short |
| Bybit TOWNSUSDTshort | +0.0100% | 4h | 0.002076 | −0.336% | $382K | $119K | 5x | |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002081 | −0.096% | $69K | $15K | 10x | as long as short |
| MEXC TOWNS_USDT | +0.0100% | 4h | 0.002078 | −0.240% | $420K | $138K | 100x | as long as short |
| KuCoin TOWNSUSDTMlong | +0.0100% | 4h | 0.002083 | long leg | $248K | $31K | 10x | |
| Bitget TOWNSUSDT | +0.0100% | 4h | 0.002072 | −0.528% | $340K | $42K | 5x | as long as short |
| BingX TOWNS-USDT | +0.0100% | 4h | 0.002079 | −0.192% | — | $2.3M | — | as long as short |
Coinbase International TOWNS-PERP-INTX
BloFin TOWNS-USDT
Aster TOWNSUSDT
Binance TOWNSUSDT
Gate TOWNS_USDT
MEXC TOWNS_USDT
Bitget TOWNSUSDT
BingX TOWNS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TOWNS | +0.0100% | 4h | 0.002073 | −0.473% | $194 | $549 | — | as long as short |
| Deribit TOWNS_USDC-PERPETUAL | +0.4087% | 1h | 0.002084 | +0.048% | — | — | 25x | as long as short |
Variational Omni TOWNS
Deribit TOWNS_USDC-PERPETUAL