Settings8H · net · $10k
Funding arb · Price arb /

YB

all YB markets
SwapBacktest
Alert: funding
Alert: spread
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: KuCoin against Bybit+0.123%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,286as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,269as in the Price arb table
costs, in and out, $10k−$2,28322.830% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.030%−$3 on $10k
Price spread, last 4 days (all we have)−0.243%−$24 · spread now +0.123%, 7d avg −0.019%
Together, before fees−0.273%−$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.142% dearer against Bybit than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit YBUSDT0.089190.0100pay 0.0050% / 4h50m 43s$591K$115K25x
ShortKuCoin YBUSDTM0.089300.0100get 0.0050% / 4h50m 43s$181K$61K20x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.123% → −0.019%
$14.22
Slippage, 4 orders
−$2,260.02
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$2,268.8
Costs to cover
22.830%
Break-even
never at this rate
Slippage from Bybit: live order book, 48 min ago; KuCoin: live order book, 36 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 48 min ago8.34 bp422.7 bp −$4239237.9 bp −$92.4Kdoesn't fitdoesn't fit
Sell KuCoin live order book, 36 min ago33.52 bp862.9 bp −$863doesn't fitdoesn't fitdoesn't fit

YB on 12 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster YBUSDT+0.0100%4h0.08927+0.087%$7K$2K5xas long as short
Binance YBUSDT+0.0100%4h0.08928+0.095%$2.1M$1.2M20xas long as short
Bybit YBUSDTlong+0.0100%4h0.08919long leg$591K$115K25x
OKX YB-USDT-SWAP+0.0100%4h0.08900−0.213%$408K$249K20xas long as short
Gate YB_USDT+0.0100%4h0.08940+0.235%$102K$21K20xas long as short
MEXC YB_USDT+0.0100%4h0.08900−0.213%$628K$121K50xas long as short
KuCoin YBUSDTMshort+0.0100%4h0.08930+0.123%$181K$61K20x
Bitget YBUSDT+0.0100%4h0.08932+0.146%$544K$23K10xas long as short
BingX YB-USDT+0.0100%4h0.08917−0.022%$6.5Mas long as short
Variational Omni YB+0.0100%4h0.08935+0.175%$3K$2Kas long as short
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX YB-USDT+0.0100%4h0.09120+2.254%$2K$1.4M20xas long as short
BloFin YB-USDT+0.0155%4h0.08936+0.191%$103K$13K20xas long as short