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+0.219%7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,080as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,073as in the Price arb table
costs, in and out, $10k−$1,10111.014% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)−0.440%−$44 · spread now +0.219%, 7d avg −0.070%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.289% dearer against Bybit than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BRKBUSDT | 503.03 | 0 | get 0.0000% / 8h | 3h 19m | $99K | $40K | 25x |
| Short | KuCoin BRKBUSDTM | 504.13 | 0.0100 | get 0.0100% / 8h | 3h 19m | $42K | $1.4M | 20x |
Bybit BRKBUSDT
KuCoin BRKBUSDTMFunding 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: +0.219% → −0.070%
- $28.88
- Slippage, 4 orders
- −$1,078.43
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,051.55
- Costs to cover
- 11.014%
- Break-even
- 357.5 days
Slippage from Bybit: live order book, 30 min ago; KuCoin: live order book, 1 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, 30 min ago | 13.40 bp | 86.1 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 34.22 bp | 539.4 bp −$539 | doesn't fit | doesn't fit | doesn't fit |
BRKB on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX BRKBUSDC | −0.0584% | 4h | 503.50 | +0.093% | $26K | $248K | 10x | as long as short |
| QFEX BRK.B-USD | −0.0012% | 1h | 502.75 | −0.056% | $1.1M | $3.2M | 10x | as long as short |
| Aster BRKBUSDT | 0.0000% | 8h | 505.21 | +0.434% | $298K | $30K | 20x | as long as short |
| Bybit BRKBUSDTlong | 0.0000% | 8h | 503.03 | long leg | $99K | $40K | 25x | |
| Gate BRKB_USDT | 0.0000% | 8h | 504.10 | +0.213% | $530K | $26K | 20x | as long as short |
| Bitget BRKBUSDT | 0.0000% | 8h | 503.71 | +0.135% | $367K | $71K | 20x | as long as short |
| SunX BRKB-USDT | 0.0000% | 8h | 503.59 | +0.111% | $941 | $1.3M | 10x | as long as short |
| HTX BRKB-USDT | 0.0000% | 8h | 503.91 | +0.175% | $6K | $38K | 20x | as long as short |
| Phemex BRKBUSDT | 0.0000% | 8h | 503.58 | +0.109% | $1.3M | $62K | 10x | as long as short |
| KuCoin BRKBUSDTMshort | +0.0100% | 8h | 504.13 | +0.219% | $42K | $1.4M | 20x |
edgeX BRKBUSDC
QFEX BRK.B-USD
Aster BRKBUSDT
Gate BRKB_USDT
Bitget BRKBUSDT
SunX BRKB-USDT
HTX BRKB-USDT
Phemex BRKBUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BRKB | +0.0209% | 8h | 503.50 | +0.093% | $427K | $19K | — | as long as short |
| Binance BRKBUSDT | +0.0403% | 8h | 503.46 | +0.085% | $2.6M | $1.5M | 20x | as long as short |
| OKX BRKB-USDT-SWAP | +0.0493% | 8h | 504.28 | +0.248% | $489K | $143K | 20x | as long as short |
| GRVT BRKB_USDT_Perp | +0.0960% | 8h | 503.97 | +0.187% | $3K | $225K | 10x | as long as short |
Variational Omni BRKB
Binance BRKBUSDT
OKX BRKB-USDT-SWAP
GRVT BRKB_USDT_Perp