Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit−0.188%7-day average −0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$892as in the Funding arb table
Net, price: spread back to 7d avg − costs−$901as in the Price arb table
costs, in and out, $10k−$8928.922% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.180%+$18 · spread now −0.188%, 7d avg −0.105%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.083% cheaper against Bybit than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.105%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit USTCUSDT | 0.005857 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $366K | $238K | 20x |
| Short | KuCoin USTCUSDTM | 0.005846 | 0.0100 | get 0.0050% / 4h | 1h 39m | $508K | $68K | 30x |
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: −0.188% → −0.105%
- −$8.32
- Slippage, 4 orders
- −$869.2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$900.52
- Costs to cover
- 8.922%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 15 min ago; KuCoin: live order book, 58 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 | 5.99 bp | 344.7 bp −$345 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 58 min ago | 29.22 bp | 214.0 bp −$214 | 660.6 bp −$6,606 | doesn't fit | doesn't fit |
USTC on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance USTCUSDT | +0.0100% | 4h | 0.005861 | +0.068% | $1.2M | $2.5M | 50x | as long as short |
| Bybit USTCUSDTlong | +0.0100% | 4h | 0.005857 | long leg | $366K | $238K | 20x | |
| Gate USTC_USDT | +0.0100% | 4h | 0.005840 | −0.290% | $69K | $67K | 25x | as long as short |
| MEXC USTC_USDT | +0.0100% | 4h | 0.005861 | +0.068% | $566K | $159K | 100x | as long as short |
| KuCoin USTCUSDTMshort | +0.0100% | 4h | 0.005846 | −0.188% | $508K | $68K | 30x | |
| Bitget USTCUSDT | +0.0100% | 4h | 0.005859 | +0.034% | $222K | $125K | 50x | as long as short |
| Variational Omni USTC | +0.0100% | 4h | 0.005859 | +0.040% | $3K | $2K | — | as long as short |
Bybit USTCUSDT
KuCoin USTCUSDTM
Binance USTCUSDT
Gate USTC_USDT
MEXC USTC_USDT
Bitget USTCUSDT
Variational Omni USTC