Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against KuCoin+0.075%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$351as in the Funding arb table
Net, price: spread back to 7d avg − costs−$320as in the Price arb table
costs, in and out, $10k−$3283.280% of the position
Funding, last 7 days−0.229%−$23 on $10k
+Price spread, last 4 days (all we have)−0.055%−$6 · spread now +0.075%, 7d avg −0.004%
=The price spread pays, funding is against you. Bybit is 0.078% dearer against KuCoin than usual: you sell high and buy low (spread +0.075% now, against its 7-day average of −0.004%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AMATUSDTM | 469.41 | 0.0100 | pay 0.0100% / 8h | 5h 53m | $412K | $472K | 20x |
| Short | Bybit AMATUSDT | 469.76 | 0 | get 0.0000% / 8h | 5h 53m | $900K | $653K | 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: +0.075% → −0.004%
- $7.83
- Slippage, 4 orders
- −$305.04
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$341.22
- Costs to cover
- 3.280%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 44 min ago; Bybit: live order book, 6 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, 44 min ago | 9.29 bp | 141.7 bp −$142 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 3.73 bp | 28.5 bp −$28 | 107.8 bp −$1,078 | doesn't fit | doesn't fit |
AMAT on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AMATUSDT | 0.0000% | 8h | 469.31 | −0.021% | $10K | $11K | 20x | as long as short |
| Bybit AMATUSDTshort | 0.0000% | 8h | 469.76 | +0.075% | $900K | $653K | 25x | |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 470.22 | +0.173% | $1.4M | $1.6M | 20x | as long as short |
| Bitget AMATUSDT | 0.0000% | 8h | 470.06 | +0.138% | $2.1M | $1.7M | 20x | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 469.65 | +0.051% | $629 | $101K | 10x | as long as short |
| Vest AMAT-USD-PERP | +0.0046% | 1h | 469.60 | +0.040% | — | — | 10x | as long as short |
| tradeXYZ xyz:AMAT | +0.0050% | 1h | 469.72 | +0.066% | $2.6M | $2.3M | 10x | as long as short |
| KuCoin AMATUSDTMlong | +0.0100% | 8h | 469.41 | long leg | $412K | $472K | 20x | |
| SunX AMAT-USDT | +0.0100% | 8h | 469.63 | +0.047% | $972 | $365K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 471.10 | +0.360% | $171K | $39K | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AMAT | +0.0172% | 8h | 469.84 | +0.091% | $65K | $44K | — | as long as short |
| Phoenix AMAT | +0.0220% | 1h | 469.64 | +0.049% | $19K | $110K | 10x | as long as short |
| Binance AMATUSDT | +0.0231% | 8h | 469.89 | +0.103% | $8.9M | $12.6M | 20x | as long as short |
| Extended AMAT-USD | +0.0232% | 1h | 469.70 | +0.061% | $5K | $27K | 10x | as long as short |
| Gate AMAT_USDT | +0.0283% | 8h | 469.80 | +0.083% | $1.7M | $6.4M | 50x | as long as short |
KuCoin AMATUSDTM
Bybit AMATUSDT
Aster AMATUSDT
OKX AMAT-USDT-SWAP
Bitget AMATUSDT
GRVT AMAT_USDT_Perp
tradeXYZ xyz:AMAT
SunX AMAT-USDT
HTX AMAT-USDT
Variational Omni AMAT
Phoenix AMAT
Binance AMATUSDT
Extended AMAT-USD
Gate AMAT_USDT