Funding you earn now, next payment 08:00 UTC−0.0570%/8h= −62.4% APRnext payment −$2.85 per $10,000 · paid last 24h −0.034%
Price spread now: KuCoin against Bybit−0.111%7-day average −0.079% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.111%, 7d avg −0.079%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and KuCoin is 0.032% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.079%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.140% in total (about -7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.85 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XNYUSDT | 0.006311 | 0.0670 | pay 0.0335% / 4h | 2h 51m | $440K | $34K | 5x |
| Short | KuCoin XNYUSDTM | 0.006304 | 0.0100 | get 0.0050% / 4h | 2h 51m | $297K | $16K | 10x |
Bybit XNYUSDT
KuCoin XNYUSDTMFunding 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
- −$119.62
- Price spread: −0.111% → −0.079%
- −$3.21
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$145.83
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 53 min ago; KuCoin: live order book, 5 min ago. Net counts fees only.
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, 53 min ago | 12.59 bp | 1846.9 bp −$1,847 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 31.63 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
XNY on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XNYUSDTMshort | +0.0100% | 4h | 0.006304 | −0.111% | $297K | $16K | 10x | |
| Variational Omni XNY | +0.0100% | 4h | 0.006310 | −0.010% | $53K | $1K | — | as long as short |
| Gate XNY_USDT | +0.0418% | 4h | 0.006341 | +0.475% | $212K | $16K | 10x | as long as short |
| Bybit XNYUSDTlong | +0.0670% | 4h | 0.006311 | long leg | $440K | $34K | 5x | |
| Aster XNYUSDT | +0.1175% | 4h | 0.006299 | −0.192% | $6K | $4K | 5x | as long as short |
| BingX XNY-USDT | +0.1236% | 4h | 0.006322 | +0.174% | — | $1.3M | — | as long as short |
| BloFin XNY-USDT | +0.1254% | 4h | 0.006324 | +0.206% | $224K | $6K | 10x | as long as short |
| MEXC XNY_USDT | +0.1312% | 4h | 0.006324 | +0.206% | $177K | $95K | 100x | as long as short |
| Binance XNYUSDT | +0.1334% | 4h | 0.006327 | +0.251% | $3.7M | $1.0M | 10x | as long as short |
Variational Omni XNY
Gate XNY_USDT
Aster XNYUSDT
BingX XNY-USDT
BloFin XNY-USDT
MEXC XNY_USDT
Binance XNYUSDT