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: Bybit against KuCoin+0.017%7-day average +0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs−$535as in the Funding arb table
Net, price: spread back to 7d avg − costs−$544as in the Price arb table
costs, in and out, $10k−$5355.350% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.017%, 7d avg +0.103%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.086% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.103%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin USTCUSDTM | 0.005897 | 0.0100 | pay 0.0050% / 4h | 3h 15m | $523K | $59K | 30x |
| Short | Bybit USTCUSDT | 0.005898 | 0.0100 | get 0.0050% / 4h | 3h 15m | $369K | $240K | 20x |
KuCoin USTCUSDTM
Bybit USTCUSDTFunding 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: +0.017% → +0.103%
- −$8.58
- Slippage, 4 orders
- −$511.97
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$543.54
- Costs to cover
- 5.350%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 37 min ago; Bybit: live order book, 49 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, 37 min ago | 20.39 bp | 173.9 bp −$174 | 718.3 bp −$7,183 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 49 min ago | 3.39 bp | 88.8 bp −$89 | doesn't fit | 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 | 0.005900 | +0.051% | $1.2M | $2.6M | 50x | as long as short |
| Bybit USTCUSDTshort | +0.0100% | 4h | 0.005898 | +0.017% | $369K | $240K | 20x | |
| Gate USTC_USDT | +0.0100% | 4h | 0.005891 | −0.102% | $70K | $77K | 25x | as long as short |
| MEXC USTC_USDT | +0.0100% | 4h | 0.005899 | +0.034% | $572K | $166K | 100x | as long as short |
| KuCoin USTCUSDTMlong | +0.0100% | 4h | 0.005897 | long leg | $523K | $59K | 30x | |
| Bitget USTCUSDT | +0.0100% | 4h | 0.005914 | +0.288% | $225K | $129K | 50x | as long as short |
| Variational Omni USTC | +0.0100% | 4h | 0.005899 | +0.027% | $3K | $2K | — | as long as short |
Binance USTCUSDT
Gate USTC_USDT
MEXC USTC_USDT
Bitget USTCUSDT
Variational Omni USTC