Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.11 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bybit+0.015%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$242as in the Funding arb table
Net, price: spread back to 7d avg − costs−$257as in the Price arb table
costs, in and out, $10k−$2592.585% of the position
Funding, last 7 days+0.168%+$17 on $10k
+Price spread, last 4 days (all we have)+0.102%+$10 · spread now +0.015%, 7d avg −0.006%
=The price spread pays, funding is against you. KuCoin is 0.020% dearer against Bybit than usual: you sell high and buy low (spread +0.015% now, against its 7-day average of −0.006%): +$2 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 6.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.168%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BEUSDT | 274.71 | 0.0111 | pay 0.0111% / 8h | 7h 53m | $2.0M | $1.2M | 25x |
| Short | KuCoin BEUSDTM | 274.75 | 0.0100 | get 0.0100% / 8h | 7h 53m | $371K | $22K | 20x |
Bybit BEUSDT
KuCoin BEUSDTMFunding 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
- −$2.35
- Price spread: +0.015% → −0.006%
- $2.02
- Slippage, 4 orders
- −$235.54
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$258.86
- Costs to cover
- 2.585%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 68 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, 3 min ago | 4.54 bp | 21.9 bp −$22 | 142.0 bp −$1,420 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 68 min ago | 17.20 bp | 114.3 bp −$114 | doesn't fit | doesn't fit | doesn't fit |
BE 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDT | 0.0000% | 8h | 274.63 | −0.031% | $346K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.60 | −0.040% | $1.5M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.76 | +0.018% | $1.7M | $2.6M | 20x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 275.30 | +0.215% | $1K | $2.5M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 275.05 | +0.124% | $13K | $33K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.66 | −0.018% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 274.83 | +0.044% | $251K | $299K | 10x | as long as short |
| QFEX BE-USD | +0.0037% | 1h | 274.81 | +0.036% | $1.3M | $3.8M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.47 | −0.087% | $115K | $116K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.75 | +0.015% | — | — | 10x | as long as short |
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
QFEX BE-USD
Arcus BE-USD
Vest BE-USD-PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BEUSDT | +0.0094% | 8h | 274.88 | +0.062% | $8.5M | $36.6M | 25x | as long as short |
| Extended BE-USD | +0.0096% | 1h | 274.76 | +0.018% | $46K | $266K | 10x | as long as short |
| KuCoin BEUSDTMshort | +0.0100% | 8h | 274.75 | +0.015% | $371K | $22K | 20x | |
| Aevo BE-PERP | +0.0104% | 1h | 274.31 | −0.145% | — | — | 10x | as long as short |
| Bybit BEUSDTlong | +0.0111% | 8h | 274.71 | long leg | $2.0M | $1.2M | 25x | |
| Coinbase International BE-PERP-INTX | +0.0128% | 1h | 273.32 | −0.506% | $467K | $112K | 10x | as long as short |
| BloFin BE-USDT | +0.0211% | 8h | 274.86 | +0.055% | $45K | $142K | 20x | as long as short |
| OKX BE-USDT-SWAP | +0.0255% | 8h | 274.85 | +0.051% | $2.6M | $6.8M | 25x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0333% | 1h | 274.69 | −0.007% | $7K | $4K | 10x | as long as short |
| GRVT BE_USDT_Perp | +0.0488% | 8h | 274.84 | +0.046% | $6K | $182K | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0719% | 1h | 274.64 | −0.025% | $5.9M | $2.9M | 10x | as long as short |
Binance BEUSDT
Extended BE-USD
Aevo BE-PERP
Coinbase International BE-PERP-INTX
BloFin BE-USDT
OKX BE-USDT-SWAP
Deribit BE_USDC-PERPETUAL
GRVT BE_USDT_Perp
tradeXYZ xyz:BE