Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.063%
Price spread now: Bybit against KuCoin−0.057%7-day average +0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$580as in the Funding arb table
Net, price: spread back to 7d avg − costs−$572as in the Price arb table
costs, in and out, $10k−$5595.589% of the position
Funding, last 7 days−0.213%−$21 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.057%, 7d avg +0.073%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.130% cheaper against KuCoin than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin WALUSDTM | 0.03532 | 0.0100 | pay 0.0050% / 4h | 28m 10s | $348K | $66K | 30x |
| Short | Bybit WALUSDT | 0.03530 | 0.0100 | get 0.0050% / 4h | 28m 10s | $1.4M | $1.8M | 25x |
KuCoin WALUSDTM
Bybit WALUSDTFunding 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: −0.057% → +0.073%
- −$13.01
- Slippage, 4 orders
- −$535.89
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$571.9
- Costs to cover
- 5.589%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 54 min ago; Bybit: live order book, 3 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, 54 min ago | 16.99 bp | 190.0 bp −$190 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.24 bp | 36.7 bp −$37 | 237.4 bp −$2,374 | doesn't fit | doesn't fit |
WAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance WALUSDT | +0.0100% | 4h | 0.03528 | −0.111% | $2.4M | $6.9M | 75x | as long as short |
| Bybit WALUSDTshort | +0.0100% | 4h | 0.03530 | −0.057% | $1.4M | $1.8M | 25x | |
| OKX WAL-USDT-SWAP | +0.0100% | 4h | 0.03526 | −0.170% | $218K | $1.1M | 10x | as long as short |
| Gate WAL_USDT | +0.0100% | 4h | 0.03533 | +0.028% | $296K | $553K | 50x | as long as short |
| MEXC WAL_USDT | +0.0100% | 4h | 0.03528 | −0.113% | $620K | $294K | 20x | as long as short |
| KuCoin WALUSDTMlong | +0.0100% | 4h | 0.03532 | long leg | $348K | $66K | 30x | |
| Bitget WALUSDT | +0.0100% | 4h | 0.03531 | −0.028% | $608K | $935K | 20x | as long as short |
| BingX WAL-USDT | +0.0100% | 4h | 0.03528 | −0.113% | — | $6.6M | — | as long as short |
| Variational Omni WAL | +0.0100% | 4h | 0.03528 | −0.117% | $23K | $9K | — | as long as short |
| Bluefin WAL-PERP | +0.0100% | 1h | 0.03533 | +0.028% | $32K | $644K | 20x | as long as short |
Binance WALUSDT
OKX WAL-USDT-SWAP
Gate WAL_USDT
MEXC WAL_USDT
Bitget WALUSDT
BingX WAL-USDT
Variational Omni WAL
Bluefin WAL-PERP