Funding you earn now, next payment 08:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.03 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit−0.188%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$718as in the Funding arb table
Net, price: spread back to 7d avg − costs−$744as in the Price arb table
costs, in and out, $10k−$7267.265% of the position
Funding, last 7 days+0.085%+$9 on $10k
+Price spread, last 4 days (all we have)+0.215%+$22 · spread now −0.188%, 7d avg −0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.174% cheaper against Bybit than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XAIUSDT | 0.007965 | 0.0094 | pay 0.0047% / 4h | 2h 50m | $660K | $397K | 25x |
| Short | KuCoin XAIUSDTM | 0.007950 | 0.0100 | get 0.0050% / 4h | 2h 50m | $178K | $45K | 25x |
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
- $1.31
- Price spread: −0.188% → −0.014%
- −$17.4
- Slippage, 4 orders
- −$703.46
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$742.54
- Costs to cover
- 7.265%
- Break-even
- 3960.9 days
Slippage from Bybit: live order book, 55 min ago; KuCoin: live order book, 5 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, 55 min ago | 5.63 bp | 68.1 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 37.74 bp | 411.1 bp −$411 | doesn't fit | doesn't fit | doesn't fit |
XAI 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XAIUSDTlong | +0.0094% | 4h | 0.007965 | long leg | $660K | $397K | 25x | |
| BloFin XAI-USDT | +0.0099% | 4h | 0.007951 | −0.176% | $160K | $20K | 25x | as long as short |
| Hyperliquid XAI | +0.0100% | 1h | 0.007960 | −0.063% | $408K | $64K | 3x | as long as short |
| Aster XAIUSDT | +0.0100% | 4h | 0.007963 | −0.019% | $5K | $19K | 5x | as long as short |
| Binance XAIUSDT | +0.0100% | 4h | 0.007969 | +0.050% | $1.6M | $2.0M | 25x | as long as short |
| Gate XAI_USDT | +0.0100% | 4h | 0.007958 | −0.088% | $80K | $37K | 50x | as long as short |
| MEXC XAI_USDT | +0.0100% | 4h | 0.007964 | −0.013% | $1.9M | $433K | 50x | as long as short |
| KuCoin XAIUSDTMshort | +0.0100% | 4h | 0.007950 | −0.188% | $178K | $45K | 25x | |
| Bitget XAIUSDT | +0.0100% | 4h | 0.007959 | −0.075% | $452K | $254K | 25x | as long as short |
| BingX XAI-USDT | +0.0100% | 4h | 0.007959 | −0.075% | — | $2.3M | — | as long as short |
Bybit XAIUSDT
KuCoin XAIUSDTM
BloFin XAI-USDT
Hyperliquid XAI
Aster XAIUSDT
Binance XAIUSDT
Gate XAI_USDT
MEXC XAI_USDT
Bitget XAIUSDT
BingX XAI-USDT