Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.071%
Price spread now: KuCoin against Bybit+0.052%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,151as in the Price arb table
costs, in and out, $10k−$1,15511.549% of the position
Funding, last 7 days−0.410%−$41 on $10k
+Price spread, last 4 days (all we have)−0.096%−$10 · spread now +0.052%, 7d avg +0.014%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.038% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.014%. Mind the row above: over the last 7 days funding on this pair cost −0.410%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BSPUSDT | 38.520 | 0 | get 0.0000% / 8h | 3h 46m | $380K | $81K | 25x |
| Short | KuCoin BSPUSDTM | 38.540 | 0.0100 | get 0.0100% / 8h | 3h 46m | $48K | $155K | 20x |
Bybit BSPUSDT
KuCoin BSPUSDTMFunding 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: +0.052% → +0.014%
- $3.82
- Slippage, 4 orders
- −$1,131.93
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,130.11
- Costs to cover
- 11.549%
- Break-even
- 383.7 days
Slippage from Bybit: live order book, 63 min ago; KuCoin: live order book, 17 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, 63 min ago | 10.40 bp | 158.7 bp −$159 | 228.5 bp −$2,285 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 17 min ago | 16.85 bp | 575.8 bp −$576 | doesn't fit | doesn't fit | doesn't fit |
BSP on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance BSPUSDT | 0.0000% | 8h | 38.470 | −0.129% | $480K | $691K | 10x | as long as short |
| Bybit BSPUSDTlong | 0.0000% | 8h | 38.520 | long leg | $380K | $81K | 25x | |
| OKX BSP-USDT-SWAP | 0.0000% | 8h | 38.500 | −0.052% | $154K | $160K | 10x | as long as short |
| Gate BSP_USDT | 0.0000% | 8h | 38.480 | −0.104% | $251K | $263K | 25x | as long as short |
| Bitget BSPUSDT | 0.0000% | 8h | 38.491 | −0.075% | $100K | $64K | 20x | as long as short |
| KuCoin BSPUSDTMshort | +0.0100% | 8h | 38.540 | +0.052% | $48K | $155K | 20x | |
| HTX BSP-USDT | +0.0100% | 8h | 38.470 | −0.130% | $6K | $42K | 10x | as long as short |
Binance BSPUSDT
OKX BSP-USDT-SWAP
Gate BSP_USDT
Bitget BSPUSDT
HTX BSP-USDT