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: KuCoin against Bybit−0.101%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1441.437% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.101%, 7d avg −0.072%
=Funding pays, the price is against you. KuCoin is 0.029% cheaper against Bybit than usual: you would sell low and buy high (spread −0.101% now, against its 7-day average of −0.072%). If the spread goes back, that is −$3 on $10k: about 23 hours 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 BABAUSDT | 118.37 | 0 | get 0.0000% / 8h | 3h 25m | $2.1M | $704K | 25x |
| Short | KuCoin BABAUSDTM | 118.25 | 0.0100 | get 0.0100% / 8h | 3h 25m | $616K | $459K | 20x |
Bybit BABAUSDT
KuCoin BABAUSDTMFunding 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: −0.101% → −0.072%
- −$2.9
- Slippage, 4 orders
- −$120.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$125.62
- Costs to cover
- 1.437%
- Break-even
- 48.9 days
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 48 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 | 3.80 bp | 16.6 bp −$17 | 101.2 bp −$1,012 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 48 min ago | 19.45 bp | 42.4 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
BABA on 22 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 BABAUSDT | 0.0000% | 8h | 118.35 | −0.014% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDTlong | 0.0000% | 8h | 118.37 | long leg | $2.1M | $704K | 25x | |
| Gate BABA_USDT | 0.0000% | 8h | 118.40 | +0.025% | $1.5M | $2.0M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.41 | +0.034% | $729 | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.48 | +0.093% | $30K | $18K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0022% | 8h | 118.50 | +0.108% | $3K | $193K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.49 | +0.101% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.40 | +0.025% | $438K | $507K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.137% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.39 | +0.017% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 118.47 | +0.084% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.35 | −0.017% | $12.0M | $4.2M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.35 | −0.017% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.30 | −0.059% | $238K | $406K | 10x | as long as short |
| QFEX BABA-USD | +0.0056% | 1h | 118.37 | 0.000% | $1.2M | $3.8M | 10x | as long as short |
| Variational Omni BABA | +0.0065% | 8h | 118.39 | +0.020% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTMshort | +0.0100% | 8h | 118.25 | −0.101% | $616K | $459K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.40 | +0.025% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0141% | 8h | 118.40 | +0.025% | $15.7M | $30.7M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0144% | 1h | 118.37 | −0.003% | $43K | $354K | 10x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 118.43 | +0.051% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0301% | 8h | 118.38 | +0.008% | $2.4M | $1.7M | 20x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
Variational Omni BABA
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
Bitget BABAUSDT