Funding you earn now, next payment 08:00 UTC+0.0225%/8h= +24.6% APRnext payment +$1.12 per $10,000 · paid last 24h +0.034%
Price spread now: Bybit against KuCoin+0.111%7-day average +0.079% · you sell dearer than you buy
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 for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bybit is 0.032% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.079%.
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 +$1.12 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 | KuCoin XNYUSDTM | 0.006291 | 0.0100 | pay 0.0050% / 4h | 3h 01m | $296K | $17K | 10x |
| Short | Bybit XNYUSDT | 0.006298 | 0.0325 | get 0.0162% / 4h | 3h 01m | $440K | $33K | 5x |
KuCoin XNYUSDTM
Bybit XNYUSDTFunding 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
- $47.18
- Price spread: +0.111% → +0.079%
- $3.24
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $27.43
- Costs to cover
- 0.230%
- Break-even
- 2.9 days
Slippage unknown: KuCoin: live order book, 70 min ago; Bybit: live order book, 43 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 KuCoin live order book, 70 min ago | 50.12 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 43 min ago | 12.59 bp | 705.6 bp −$706 | 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 XNYUSDTMlong | +0.0100% | 4h | 0.006291 | long leg | $296K | $17K | 10x | |
| Variational Omni XNY | +0.0100% | 4h | 0.006302 | +0.181% | $53K | $1K | — | as long as short |
| Gate XNY_USDT | +0.0174% | 4h | 0.006314 | +0.366% | $211K | $16K | 10x | as long as short |
| Bybit XNYUSDTshort | +0.0325% | 4h | 0.006298 | +0.111% | $440K | $33K | 5x | |
| Aster XNYUSDT | +0.1162% | 4h | 0.006288 | −0.041% | $6K | $4K | 5x | as long as short |
| BingX XNY-USDT | +0.1254% | 4h | 0.006300 | +0.143% | — | $1.3M | — | as long as short |
| BloFin XNY-USDT | +0.1282% | 4h | 0.006296 | +0.079% | $223K | $6K | 10x | as long as short |
| MEXC XNY_USDT | +0.1310% | 4h | 0.006303 | +0.191% | $177K | $97K | 100x | as long as short |
| Binance XNYUSDT | +0.1311% | 4h | 0.006303 | +0.198% | $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