Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.016%
Price spread now: KuCoin against Bybit+0.012%7-day average −0.397% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,328as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,269as in the Price arb table
costs, in and out, $10k−$1,31013.098% of the position
Funding, last 7 days−0.181%−$18 on $10k
+Price spread, last 7 days−0.280%−$28 · spread now +0.012%, 7d avg −0.397%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.409% dearer against Bybit than usual: you sell high and buy low, +$41 on $10k if it goes back to its 7-day average of −0.397%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit USUSDT | 0.01633 | 0.0100 | pay 0.0050% / 4h | 3h 12m | $3.2M | $880K | 20x |
| Short | KuCoin USUSDTM | 0.01633 | 0.0100 | get 0.0050% / 4h | 3h 12m | $4.2M | $276K | 20x |
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: +0.012% → −0.397%
- $40.89
- Slippage, 4 orders
- −$1,286.8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,268.91
- Costs to cover
- 13.098%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 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, 5 min ago | 9.15 bp | 137.8 bp −$138 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 18.38 bp | 428.0 bp −$428 | doesn't fit | doesn't fit | doesn't fit |
US on 11 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 USUSDTlong | +0.0100% | 4h | 0.01633 | long leg | $3.2M | $880K | 20x | |
| Gate US_USDT | +0.0100% | 4h | 0.01634 | +0.074% | $2.0M | $566K | 20x | as long as short |
| KuCoin USUSDTMshort | +0.0100% | 4h | 0.01633 | +0.012% | $4.2M | $276K | 20x | |
| Variational Omni US | +0.0100% | 4h | 0.01640 | +0.438% | $16K | $3K | — | as long as short |
| Bitget USUSDT | +0.0390% | 4h | 0.01635 | +0.165% | $4.3M | $250K | 10x | as long as short |
| Aster USUSDT | +0.0757% | 4h | 0.01637 | +0.254% | $12K | $53K | 5x | as long as short |
| BingX US-USDT | +0.0776% | 4h | 0.01633 | 0.000% | — | $1.3M | — | as long as short |
| BloFin US-USDT | +0.0784% | 4h | 0.01639 | +0.410% | $478K | $49K | 10x | as long as short |
| Extended US-USD | +0.0816% | 1h | 0.01633 | +0.029% | $4K | $95K | 5x | as long as short |
| MEXC US_USDT | +0.0818% | 4h | 0.01634 | +0.067% | $5.5M | $114K | 100x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance USUSDT | +0.0818% | 4h | 0.01634 | +0.069% | $9.1M | $3.1M | 10x | as long as short |
Bybit USUSDT
KuCoin USUSDTM
Gate US_USDT
Variational Omni US
Bitget USUSDT
Aster USUSDT
BingX US-USDT
BloFin US-USDT
Extended US-USD
MEXC US_USDT
Binance USUSDT