Funding you earn now, next payment 11:00 UTC−0.1723%/8h= −188.6% APRnext payment −$8.61 per $10,000 · paid last 24h −0.597%
Price spread now: KuCoin against Bybit+0.377%7-day average +0.120% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,604as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,374as in the Price arb table
costs, in and out, $10k−$1,40014.001% of the position
Funding, last 7 days−2.044%−$204 on $10k
+Price spread, last 5 days (all we have)−0.641%−$64 · spread now +0.377%, 7d avg +0.120%
=The price spread pays, funding is against you. KuCoin is 0.258% dearer against Bybit than usual: you sell high and buy low (spread +0.377% now, against its 7-day average of +0.120%): +$26 on $10k if it goes back. Holding the pair costs −$52 a day in funding at the current rate, which eats that in about 12 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TRUSTUSDT | 0.06361 | 0.1823 | pay 0.0911% / 4h | 2h 08m | $538K | $194K | 25x |
| Short | KuCoin TRUSTUSDTM | 0.06385 | 0.0100 | get 0.0050% / 4h | 1h 08m | $338K | $715K | 10x |
Bybit TRUSTUSDT
KuCoin TRUSTUSDTMFunding 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
- −$361.75
- Price spread: +0.377% → +0.120%
- $25.75
- Slippage, 4 orders
- −$1,377.06
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,736.06
- Costs to cover
- 14.001%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 45 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, 45 min ago | 7.85 bp | 60.2 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 29.02 bp | 522.1 bp −$522 | doesn't fit | doesn't fit | doesn't fit |
TRUST on 10 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX TRUST-USDT | +0.0036% | 4h | 0.06383 | +0.346% | — | $6.5M | — | as long as short |
| Aster TRUSTUSDT | +0.0100% | 4h | 0.06380 | +0.299% | $10K | $923 | 5x | as long as short |
| Binance TRUSTUSDT | +0.0100% | 4h | 0.06383 | +0.345% | $1.7M | $1.1M | 10x | as long as short |
| OKX TRUST-USDT-SWAP | +0.0100% | 4h | 0.06387 | +0.409% | $109K | $187K | 10x | as long as short |
| Gate TRUST_USDT | +0.0100% | 8h | 0.06401 | +0.629% | $520K | $31K | 10x | as long as short |
| MEXC TRUST_USDT | +0.0100% | 4h | 0.06382 | +0.330% | $234K | $100K | 50x | as long as short |
| KuCoin TRUSTUSDTMshort | +0.0100% | 4h | 0.06385 | +0.377% | $338K | $715K | 10x | |
| Bitget TRUSTUSDT | +0.0100% | 4h | 0.06387 | +0.409% | $703K | $35K | 10x | as long as short |
| Bybit TRUSTUSDTlong | +0.1823% | 4h | 0.06361 | long leg | $538K | $194K | 25x | |
| Variational Omni TRUST | +0.4017% | 4h | 0.06365 | +0.060% | $59K | $5K | — | as long as short |
BingX TRUST-USDT
Aster TRUSTUSDT
Binance TRUSTUSDT
OKX TRUST-USDT-SWAP
Gate TRUST_USDT
MEXC TRUST_USDT
Bitget TRUSTUSDT
Variational Omni TRUST