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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit VANAUSDT | 1.1143 | 0.0100 | pay 0.0050% / 4h | 1h 06m | $1.2M | $721K | 25x |
| Short | KuCoin VANAUSDTM | 1.1130 | 0.0100 | get 0.0050% / 4h | 1h 06m | $263K | $33K | 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: −0.117% → +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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 4 min ago | 3.15 bp | 26.3 bp −$26 | 224.8 bp −$2,248 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 35 min ago | 4.51 bp | 240.2 bp −$240 | doesn't fit | doesn't fit | doesn't fit |
VANA 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster VANAUSDT | +0.0100% | 4h | 1.1136 | −0.063% | $4K | $40K | 5x | as long as short |
| Binance VANAUSDT | +0.0100% | 4h | 1.1144 | +0.009% | $2.1M | $2.7M | 50x | as long as short |
| Bybit VANAUSDTlong | +0.0100% | 4h | 1.1143 | long leg | $1.2M | $721K | 25x | |
| OKX VANA-USDT-SWAP | +0.0100% | 4h | 1.1142 | −0.009% | $177K | $355K | 20x | as long as short |
| Gate VANA_USDT | +0.0100% | 4h | 1.1130 | −0.117% | $126K | $331K | 50x | as long as short |
| MEXC VANA_USDT | +0.0100% | 4h | 1.1140 | −0.027% | $223K | $106K | 20x | as long as short |
| KuCoin VANAUSDTMshort | +0.0100% | 4h | 1.1130 | −0.117% | $263K | $33K | 30x | |
| Bitget VANAUSDT | +0.0100% | 4h | 1.1140 | −0.027% | $427K | $214K | 50x | as long as short |
| BingX VANA-USDT | +0.0100% | 4h | 1.1144 | +0.009% | — | $6.5M | — | as long as short |
| BloFin VANA-USDT | +0.0141% | 4h | 1.1143 | 0.000% | $96K | $8K | 50x | as long as short |
Bybit VANAUSDT
KuCoin VANAUSDTM
Aster VANAUSDT
Binance VANAUSDT
OKX VANA-USDT-SWAP
Gate VANA_USDT
MEXC VANA_USDT
Bitget VANAUSDT
BingX VANA-USDT
BloFin VANA-USDT