Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bybit−0.134%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$661as in the Funding arb table
Net, price: spread back to 7d avg − costs−$693as in the Price arb table
costs, in and out, $10k−$6826.819% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)+0.319%+$32 · spread now −0.134%, 7d avg −0.019%
=Funding pays, the price is against you. KuCoin is 0.115% cheaper against Bybit than usual: you would sell low and buy high (spread −0.134% now, against its 7-day average of −0.019%). If the spread goes back, that is −$12 on $10k: about 3.8 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ADBEUSDT | 253.00 | 0 | get 0.0000% / 8h | 7h 43m | $588K | $129K | 25x |
| Short | KuCoin ADBEUSDTM | 252.66 | 0.0100 | get 0.0100% / 8h | 7h 43m | $266K | $257K | 20x |
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
- $21
- Price spread: −0.134% → −0.019%
- −$11.52
- Slippage, 4 orders
- −$658.92
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$672.44
- Costs to cover
- 6.819%
- Break-even
- 231.1 days
Slippage from Bybit: live order book, 47 min ago; KuCoin: live order book, 49 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, 47 min ago | 10.13 bp | 23.9 bp −$24 | 193.3 bp −$1,933 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 49 min ago | 8.74 bp | 326.8 bp −$327 | doesn't fit | doesn't fit | doesn't fit |
ADBE on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ADBE/USDC PERP | −0.0220% | 1h | 248.38 | −1.826% | $17K | $19K | 12x | as long as short |
| Aster ADBEUSDT | 0.0000% | 8h | 252.57 | −0.169% | $7K | $2K | 20x | as long as short |
| Binance ADBEUSDT | 0.0000% | 8h | 252.87 | −0.052% | $1.6M | $818K | 20x | as long as short |
| Bybit ADBEUSDTlong | 0.0000% | 8h | 253.00 | long leg | $588K | $129K | 25x | |
| OKX ADBE-USDT-SWAP | 0.0000% | 8h | 252.85 | −0.059% | $511K | $220K | 20x | as long as short |
| Gate ADBE_USDT | 0.0000% | 8h | 252.94 | −0.024% | $343K | $175K | 20x | as long as short |
| Bitget ADBEUSDT | 0.0000% | 8h | 252.46 | −0.213% | $539K | $122K | 20x | as long as short |
| SunX ADBE-USDT | 0.0000% | 8h | 252.72 | −0.111% | $925 | $429K | 10x | as long as short |
| HTX ADBE-USDT | 0.0000% | 8h | 252.95 | −0.020% | $6K | $38K | 20x | as long as short |
| Extended ADBE_24_5-USD | +0.0040% | 1h | 252.64 | −0.143% | $1K | $2K | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ADBEUSDTMshort | +0.0100% | 8h | 252.66 | −0.134% | $266K | $257K | 20x |
Bybit ADBEUSDT
KuCoin ADBEUSDTM
Injective ADBE/USDC PERP
Aster ADBEUSDT
Binance ADBEUSDT
OKX ADBE-USDT-SWAP
Gate ADBE_USDT
Bitget ADBEUSDT
SunX ADBE-USDT
HTX ADBE-USDT
Extended ADBE_24_5-USD