Funding you earn now, next payment 08:00 UTC−0.0492%/8h= −53.9% APRnext payment −$4.92 per $10,000 · paid last 24h −0.029%
Price spread now: Bybit against KuCoin0.000%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,079as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,135as in the Price arb table
costs, in and out, $10k−$1,13611.358% of the position
Funding, last 7 days+0.570%+$57 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now 0.000%, 7d avg −0.009%
=The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.570%, 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 | KuCoin BSPUSDTM | 38.480 | 0.0492 | pay 0.0492% / 8h | 7h 54m | $46K | $149K | 20x |
| Short | Bybit BSPUSDT | 38.480 | 0 | get 0.0000% / 8h | 7h 54m | $379K | $89K | 25x |
KuCoin BSPUSDTM
Bybit BSPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- −$103.32
- Price spread: 0.000% → −0.009%
- $0.95
- Slippage, 4 orders
- −$1,112.78
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,238.15
- Costs to cover
- 11.358%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 59 min ago; Bybit: live order book, 10 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 KuCoin live order book, 59 min ago | 13.05 bp | 304.5 bp −$304 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 10 min ago | 9.11 bp | 151.0 bp −$151 | 227.0 bp −$2,270 | 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 | 38.480 | 0.000% | $484K | $719K | 10x | as long as short |
| Bybit BSPUSDTshort | 0.0000% | 8h | 38.480 | 0.000% | $379K | $89K | 25x | |
| Gate BSP_USDT | 0.0000% | 8h | 38.470 | −0.026% | $251K | $273K | 25x | as long as short |
| Bitget BSPUSDT | 0.0000% | 8h | 38.492 | +0.031% | $100K | $65K | 20x | as long as short |
| HTX BSP-USDT | +0.0100% | 8h | 38.460 | −0.052% | $6K | $42K | 10x | as long as short |
| KuCoin BSPUSDTMlong | +0.0492% | 8h | 38.480 | long leg | $46K | $149K | 20x | |
| OKX BSP-USDT-SWAP | +0.0713% | 8h | 38.510 | +0.078% | $154K | $161K | 10x | as long as short |
Binance BSPUSDT
Gate BSP_USDT
Bitget BSPUSDT
HTX BSP-USDT
OKX BSP-USDT-SWAP