Funding you earn now, next payment 08:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.58 per $10,000 · paid last 24h −0.050%
Price spread now: KuCoin against Bybit−0.256%7-day average −0.337% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,929as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,895as in the Price arb table
costs, in and out, $10k−$1,90319.032% of the position
Funding, last 7 days−0.255%−$26 on $10k
+Price spread, last 7 days+0.104%+$10 · spread now −0.256%, 7d avg −0.337%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.081% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.337%. Mind the row above: over the last 7 days funding on this pair cost −0.255%, 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 | Bybit TRUTHUSDT | 0.01366 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $1.3M | $427K | 20x |
| Short | KuCoin TRUTHUSDTM | 0.01362 | 0.0216 | get 0.0108% / 4h | 2h 20m | $1.0M | $50K | 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
- $24.36
- Price spread: −0.256% → −0.337%
- $8.06
- Slippage, 4 orders
- −$1,880.17
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,870.75
- Costs to cover
- 19.032%
- Break-even
- 544.6 days
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 5 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, 1 min ago | 10.98 bp | 275.9 bp −$276 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 20.88 bp | 663.1 bp −$663 | doesn't fit | doesn't fit | doesn't fit |
TRUTH 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 TRUTHUSDTlong | +0.0100% | 4h | 0.01366 | long leg | $1.3M | $427K | 20x | |
| KuCoin TRUTHUSDTMshort | +0.0216% | 4h | 0.01362 | −0.256% | $1.0M | $50K | 10x | |
| Aster TRUTHUSDT | +0.0470% | 4h | 0.01365 | −0.066% | $36K | $6K | 5x | as long as short |
| Gate TRUTH_USDT | +0.0506% | 4h | 0.01363 | −0.176% | $425K | $52K | 20x | as long as short |
| BloFin TRUTH-USDT | +0.0803% | 4h | 0.01367 | +0.073% | $198K | $12K | 50x | as long as short |
| MEXC TRUTH_USDT | +0.0836% | 4h | 0.01364 | −0.124% | $11.9M | $134K | 20x | as long as short |
| Binance TRUTHUSDT | +0.0838% | 4h | 0.01365 | −0.057% | $4.4M | $1.6M | 20x | as long as short |
| Extended TRUTH-USD | +0.0840% | 1h | 0.01363 | −0.210% | $2K | $262K | 5x | as long as short |
| BingX TRUTH-USDT | +0.1692% | 4h | 0.01367 | +0.059% | — | $6.5M | — | as long as short |
| OKX TRUTH-USDT-SWAP | +0.1760% | 4h | 0.01367 | +0.124% | $226K | $332K | 10x | as long as short |
Bybit TRUTHUSDT
KuCoin TRUTHUSDTM
Aster TRUTHUSDT
Gate TRUTH_USDT
BloFin TRUTH-USDT
MEXC TRUTH_USDT
Binance TRUTHUSDT
Extended TRUTH-USD
BingX TRUTH-USDT
OKX TRUTH-USDT-SWAP