Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.20 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bybit+0.083%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$932as in the Funding arb table
Net, price: spread back to 7d avg − costs−$906as in the Price arb table
costs, in and out, $10k−$9199.195% of the position
Funding, last 7 days−0.125%−$13 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.083%, 7d avg −0.048%
=The price spread pays, funding is against you. KuCoin is 0.130% dearer against Bybit than usual: you sell high and buy low (spread +0.083% now, against its 7-day average of −0.048%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 22 days. At the pace of the last 7 days (−0.125% in total) that is about 7.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AAOIUSDT | 108.78 | 0.0120 | pay 0.0120% / 8h | 3h 06m | $1.8M | $2.7M | 25x |
| Short | KuCoin AAOIUSDTM | 108.87 | 0.0100 | get 0.0100% / 8h | 3h 06m | $456K | $192K | 20x |
Bybit AAOIUSDT
KuCoin AAOIUSDTMFunding 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
- −$4.17
- Price spread: +0.083% → −0.048%
- $13.05
- Slippage, 4 orders
- −$896.5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$910.62
- Costs to cover
- 9.195%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 67 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, 1 min ago | 3.21 bp | 16.5 bp −$17 | 95.0 bp −$950 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 67 min ago | 8.95 bp | 443.3 bp −$443 | doesn't fit | doesn't fit | doesn't fit |
AAOI on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAOIUSDT | −0.0594% | 8h | 108.80 | +0.018% | $2.8M | $3.2M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 108.73 | −0.050% | $40K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 108.71 | −0.062% | $14K | $224K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 108.74 | −0.037% | $14.8M | $43.1M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 108.83 | +0.046% | $3.9M | $13.3M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 108.83 | +0.042% | $149K | $130K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 108.91 | +0.120% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 108.95 | +0.156% | $24K | $45K | 20x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0026% | 8h | 108.92 | +0.130% | $813 | $109K | 10x | as long as short |
| BloFin AAOI-USDT | +0.0030% | 8h | 108.90 | +0.110% | $270K | $63K | 20x | as long as short |
Bitget AAOIUSDT
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
GRVT AAOI_USDT_Perp
BloFin AAOI-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AAOI | +0.0032% | 1h | 108.83 | +0.046% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 108.87 | +0.083% | $1K | $109K | 20x | as long as short |
| QFEX AAOI-USD | +0.0076% | 1h | 108.79 | +0.009% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin AAOIUSDTMshort | +0.0100% | 8h | 108.87 | +0.083% | $456K | $192K | 20x | |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 108.81 | +0.028% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 108.80 | +0.016% | — | — | 10x | as long as short |
| Bybit AAOIUSDTlong | +0.0120% | 8h | 108.78 | long leg | $1.8M | $2.7M | 25x | |
| OKX AAOI-USDT-SWAP | +0.0373% | 8h | 108.78 | 0.000% | $4.8M | $19.7M | 20x | as long as short |
| tradeXYZ xyz:AAOI | +0.0389% | 1h | 108.67 | −0.101% | $2.0M | $1.4M | 10x | as long as short |
| Paragon para:AAOI | +0.0415% | 1h | 108.73 | −0.049% | $229K | $720K | 10x | as long as short |
| edgeX AAOIUSDC | +0.0667% | 4h | 108.79 | +0.011% | $13K | $263K | 10x | as long as short |
Lighter AAOI
Popdex AAOIUSDT
QFEX AAOI-USD
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
OKX AAOI-USDT-SWAP
tradeXYZ xyz:AAOI
Paragon para:AAOI
edgeX AAOIUSDC