Funding you earn now, next payment 16:00 UTC+0.1681%/8h= +184.1% APRnext payment +$16.81 per $10,000 · paid last 24h −0.203%
Price spread now: KuCoin against Bybit−0.034%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$942as in the Funding arb table
Net, price: spread back to 7d avg − costs−$938as in the Price arb table
costs, in and out, $10k−$9329.321% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 4 days (all we have)+1.151%+$115 · spread now −0.034%, 7d avg +0.025%
=Funding pays, the price is against you. KuCoin is 0.059% cheaper against Bybit than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.025%). If the spread goes back, that is −$6 on $10k: about 3 hours of funding at the current rate (+$50 a day). Mind the row above: over the last 7 days funding on this pair cost −0.098%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.098% in total (about -5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$16.81 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BOTUSDT | 29.160 | −0.3551 | get 0.3551% / 8h | 6h 58m | $523K | $571K | 25x |
| Short | KuCoin BOTUSDTM | 29.150 | −0.1870 | pay 0.1870% / 8h | 6h 58m | $92K | $490K | 20x |
Bybit BOTUSDT
KuCoin BOTUSDTMFunding 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
- $353.09
- Price spread: −0.034% → +0.025%
- −$5.92
- Slippage, 4 orders
- −$909.09
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$584.92
- Costs to cover
- 9.321%
- Break-even
- 18.6 days
Slippage from Bybit: live order book, 27 min ago; KuCoin: live order book, 25 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, 27 min ago | 3.44 bp | 100.0 bp −$100 | 248.8 bp −$2,488 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 25 min ago | 18.87 bp | 458.3 bp −$458 | doesn't fit | doesn't fit | doesn't fit |
BOT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USD | −0.9441% | 1h | 29.150 | −0.034% | $3K | $10K | 5x | as long as short |
| Bybit BOTUSDTlong | −0.3551% | 8h | 29.160 | long leg | $523K | $571K | 25x | |
| OKX BOT-USDT-SWAP | −0.2533% | 8h | 29.170 | +0.034% | $232K | $232K | 20x | as long as short |
| KuCoin BOTUSDTMshort | −0.1870% | 8h | 29.150 | −0.034% | $92K | $490K | 20x | |
| Binance BOTUSDT | −0.1439% | 8h | 29.181 | +0.071% | $456K | $1.1M | 10x | as long as short |
| Variational Omni BOT | −0.1336% | 8h | 29.170 | +0.033% | $37K | $20K | — | as long as short |
| Lighter BOT | −0.0328% | 1h | 29.223 | +0.216% | $67K | $1K | 3x | as long as short |
| QFEX BOT-USD | −0.0080% | 1h | 29.180 | +0.069% | $1.2M | $477K | 10x | as long as short |
| Bitget BOTUSDT | −0.0003% | 8h | 29.230 | +0.240% | $243K | $128K | 5x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.240 | +0.274% | $252K | $220K | 20x | as long as short |
Arcus BOT-USD
OKX BOT-USDT-SWAP
Binance BOTUSDT
Variational Omni BOT
Lighter BOT
QFEX BOT-USD
Bitget BOTUSDT
Gate BOT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BOT-USDT | +0.0100% | 8h | 29.193 | +0.113% | $3K | $35K | 10x | as long as short |
| tradeXYZ xyz:BOT | +0.1915% | 1h | 29.166 | +0.021% | $3.0M | $785K | 10x | as long as short |
HTX BOT-USDT
tradeXYZ xyz:BOT