Settings8H · net · $10k
Funding arb · Price arb /

VANA

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: KuCoin against Bybit−0.117%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$536as in the Funding arb table
Net, price: spread back to 7d avg − costs−$551as in the Price arb table
costs, in and out, $10k−$5375.374% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 4 days (all we have)+0.166%+$17 · spread now −0.117%, 7d avg +0.018%
Together, before fees+0.175%+$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.135% cheaper against Bybit than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit VANAUSDT1.11430.0100pay 0.0050% / 4h1h 06m$1.2M$721K25x
ShortKuCoin VANAUSDTM1.11300.0100get 0.0050% / 4h1h 06m$263K$33K30x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.117% → +0.018%
−$13.5
Slippage, 4 orders
−$514.37
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$550.87
Costs to cover
5.374%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 35 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago3.15 bp26.3 bp −$26224.8 bp −$2,248doesn't fitdoesn't fit
Sell KuCoin live order book, 35 min ago4.51 bp240.2 bp −$240doesn't fitdoesn't fitdoesn't fit

VANA on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster VANAUSDT+0.0100%4h1.1136−0.063%$4K$40K5xas long as short
Binance VANAUSDT+0.0100%4h1.1144+0.009%$2.1M$2.7M50xas long as short
Bybit VANAUSDTlong+0.0100%4h1.1143long leg$1.2M$721K25x
OKX VANA-USDT-SWAP+0.0100%4h1.1142−0.009%$177K$355K20xas long as short
Gate VANA_USDT+0.0100%4h1.1130−0.117%$126K$331K50xas long as short
MEXC VANA_USDT+0.0100%4h1.1140−0.027%$223K$106K20xas long as short
KuCoin VANAUSDTMshort+0.0100%4h1.1130−0.117%$263K$33K30x
Bitget VANAUSDT+0.0100%4h1.1140−0.027%$427K$214K50xas long as short
BingX VANA-USDT+0.0100%4h1.1144+0.009%$6.5Mas long as short
BloFin VANA-USDT+0.0141%4h1.11430.000%$96K$8K50xas long as short