Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.029%
Price spread now: Bybit against KuCoin−0.024%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$631as in the Funding arb table
Net, price: spread back to 7d avg − costs−$617as in the Price arb table
costs, in and out, $10k−$6236.226% of the position
Funding, last 7 days−0.085%−$9 on $10k
+Price spread, last 4 days (all we have)−0.251%−$25 · spread now −0.024%, 7d avg −0.076%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.052% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin WCTUSDTM | 0.04207 | 0.0100 | pay 0.0050% / 4h | 2h 48m | $129K | $31K | 25x |
| Short | Bybit WCTUSDT | 0.04206 | 0.0100 | get 0.0050% / 4h | 2h 48m | $887K | $492K | 25x |
KuCoin WCTUSDTM
Bybit WCTUSDTFunding 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: −0.024% → −0.076%
- $5.24
- Slippage, 4 orders
- −$599.65
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$617.41
- Costs to cover
- 6.226%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 55 min ago; Bybit: live order book, 16 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, 55 min ago | 17.66 bp | 245.4 bp −$245 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 16 min ago | 5.91 bp | 31.2 bp −$31 | 87.3 bp −$873 | doesn't fit | doesn't fit |
WCT on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid WCT | +0.0100% | 1h | 0.04215 | +0.183% | $193K | $265K | 3x | as long as short |
| Binance WCTUSDT | +0.0100% | 4h | 0.04212 | +0.128% | $2.0M | $2.5M | 25x | as long as short |
| Bybit WCTUSDTshort | +0.0100% | 4h | 0.04206 | −0.024% | $887K | $492K | 25x | |
| OKX WCT-USDT-SWAP | +0.0100% | 4h | 0.04204 | −0.071% | $384K | $604K | 20x | as long as short |
| Gate WCT_USDT | +0.0100% | 8h | 0.04205 | −0.048% | $103K | $48K | 25x | as long as short |
| MEXC WCT_USDT | +0.0100% | 4h | 0.04211 | +0.095% | $388K | $127K | 50x | as long as short |
| KuCoin WCTUSDTMlong | +0.0100% | 4h | 0.04207 | long leg | $129K | $31K | 25x | |
| Bitget WCTUSDT | +0.0100% | 4h | 0.04209 | +0.048% | $405K | $328K | 25x | as long as short |
| BingX WCT-USDT | +0.0100% | 4h | 0.04205 | −0.048% | — | $6.5M | — | as long as short |
| Variational Omni WCT | +0.0100% | 4h | 0.04190 | −0.408% | $7K | $2K | — | as long as short |
Hyperliquid WCT
Binance WCTUSDT
OKX WCT-USDT-SWAP
Gate WCT_USDT
MEXC WCT_USDT
Bitget WCTUSDT
BingX WCT-USDT
Variational Omni WCTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin WCT-USDT | +0.0129% | 4h | 0.04210 | +0.071% | $98K | $4K | 50x | as long as short |
BloFin WCT-USDT