Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against KuCoin+0.170%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,060as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,015as in the Price arb table
costs, in and out, $10k−$1,03110.310% of the position
Funding, last 7 days−0.294%−$29 on $10k
+Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.170%, 7d avg +0.010%
=The price spread pays, funding is against you. Bybit is 0.160% dearer against KuCoin than usual: you sell high and buy low (spread +0.170% now, against its 7-day average of +0.010%): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ALABUSDTM | 341.59 | 0.0100 | pay 0.0100% / 8h | 19m 38s | $341K | $31K | 20x |
| Short | Bybit ALABUSDT | 342.17 | 0 | get 0.0000% / 8h | 19m 38s | $479K | $416K | 25x |
Funding 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
- −$21
- Price spread: +0.170% → +0.010%
- $16.01
- Slippage, 4 orders
- −$1,008.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,036.01
- Costs to cover
- 10.310%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 42 min ago; Bybit: live order book, 50 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 KuCoin live order book, 42 min ago | 12.90 bp | 379.7 bp −$380 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 50 min ago | 6.00 bp | 86.4 bp −$86 | 219.4 bp −$2,194 | doesn't fit | doesn't fit |
ALAB on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ALABUSDT | 0.0000% | 8h | 342.06 | +0.138% | $1.1M | $3.9M | 20x | as long as short |
| Bybit ALABUSDTshort | 0.0000% | 8h | 342.17 | +0.170% | $479K | $416K | 25x | |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 341.91 | +0.094% | $600K | $452K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 341.60 | +0.003% | $486K | $284K | 20x | as long as short |
| Bitget ALABUSDT | 0.0000% | 8h | 341.56 | −0.009% | $210K | $152K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 341.85 | +0.077% | $81K | $66K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 341.72 | +0.038% | $1.7M | $202K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0017% | 8h | 342.50 | +0.266% | $72K | $60K | 20x | as long as short |
| QFEX ALAB-USD | +0.0022% | 1h | 341.86 | +0.079% | $1.1M | $5.1M | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 341.79 | +0.058% | $11K | — | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ALAB-USD-PERP | +0.0046% | 1h | 341.70 | +0.032% | — | — | 5x | as long as short |
| KuCoin ALABUSDTMlong | +0.0100% | 8h | 341.59 | long leg | $341K | $31K | 20x | |
| HTX ALAB-USDT | +0.0100% | 8h | 342.98 | +0.407% | $967 | $375K | 10x | as long as short |
KuCoin ALABUSDTM
Bybit ALABUSDT
Binance ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Bitget ALABUSDT
Variational Omni ALAB
Phemex ALABUSDT
BloFin ALAB-USDT
Extended ALAB_24_5-USD
HTX ALAB-USDT