Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin−0.072%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,382as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,382as in the Price arb table
costs, in and out, $10k−$1,38113.807% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)−0.071%−$7 · spread now −0.072%, 7d avg −0.055%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin WETUSDTM | 0.06923 | 0.0100 | pay 0.0050% / 4h | 3h 54m | $637K | $744K | 50x |
| Short | Bybit WETUSDT | 0.06918 | 0.0100 | get 0.0050% / 4h | 3h 54m | $1.5M | $1.9M | 50x |
KuCoin WETUSDTM
Bybit WETUSDTFunding 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: −0.072% → −0.055%
- −$1.74
- Slippage, 4 orders
- −$1,357.74
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,382.48
- Costs to cover
- 13.807%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 70 min ago; Bybit: live order book, 2 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, 70 min ago | 15.24 bp | 572.6 bp −$573 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.89 bp | 50.9 bp −$51 | 770.2 bp −$7,702 | doesn't fit | doesn't fit |
WET 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 WETUSDT | +0.0100% | 4h | 0.06917 | −0.080% | $15K | $32K | 5x | as long as short |
| Binance WETUSDT | +0.0100% | 4h | 0.06927 | +0.063% | $1.3M | $6.3M | 50x | as long as short |
| Bybit WETUSDTshort | +0.0100% | 4h | 0.06918 | −0.072% | $1.5M | $1.9M | 50x | |
| OKX WET-USDT-SWAP | +0.0100% | 4h | 0.06919 | −0.058% | $717K | $4.6M | 20x | as long as short |
| Gate WET_USDT | +0.0100% | 8h | 0.06923 | 0.000% | $1.0M | $104K | 50x | as long as short |
| MEXC WET_USDT | +0.0100% | 4h | 0.06927 | +0.058% | $161K | $180K | 50x | as long as short |
| KuCoin WETUSDTMlong | +0.0100% | 4h | 0.06923 | long leg | $637K | $744K | 50x | |
| Bitget WETUSDT | +0.0100% | 4h | 0.06934 | +0.159% | $644K | $269K | 25x | as long as short |
| BingX WET-USDT | +0.0100% | 4h | 0.06928 | +0.072% | — | $6.7M | — | as long as short |
| BloFin WET-USDT | +0.0134% | 4h | 0.06909 | −0.202% | $64K | $11K | 50x | as long as short |
Aster WETUSDT
Binance WETUSDT
OKX WET-USDT-SWAP
Gate WET_USDT
MEXC WET_USDT
Bitget WETUSDT
BingX WET-USDT
BloFin WET-USDT