Settings8H · net · $10k
Funding arb · Price arb /

BYD

RWAall BYD markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.1795%/8h= +196.6% APRpaid last 24h +0.077%
Price spread now: Binance against KuCoin−0.081%7-day average +0.044% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 7 days+0.082%+$8 · spread now −0.081%, 7d avg +0.044%
Together, before fees+0.114%+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.125% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of +0.044%). If the spread goes back, that is −$13 on $10k: about 6 hours of funding at the current rate (+$54 a day). At the pace of the last 7 days (+0.032% in total) that is about 28 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.032% in total (about 1.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BYDUSDTM10.3520.0100pay 0.0100% / 8h2h 11m$13K$1.7M20x
ShortBinance BYDUSDT10.3440.1895get 0.0948% / 4h2h 11m$1.5M$876K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$377.05
Price spread: −0.081% → +0.044%
−$12.52
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
$342.53
Costs to cover
0.220%
Break-even
0.6 days
Slippage unknown: KuCoin: live order book, 5 min ago; Binance: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 5 min ago15.48 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 7 min ago4.84 bp20.2 bp −$2072.4 bp −$724doesn't fitdoesn't fit

BYD on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BYD-USDT0.0000%4h10.340−0.116%$2.1M10xas long as short
HTX BYD-USDT0.0000%4h10.350−0.019%$9K$266K20xas long as short
Gate BYD_USDT+0.0093%8h10.396+0.425%$155K$53K20xas long as short
KuCoin BYDUSDTMlong+0.0100%8h10.352long leg$13K$1.7M20x
Bybit BYDUSDT+0.0119%8h10.350−0.019%$78K$13K25xas long as short
edgeX BYDUSDC+0.0442%4h10.337−0.141%$43K$428K10xas long as short
Bitget BYDUSDT+0.1444%8h10.344−0.077%$150K$234K20xas long as short
Binance BYDUSDTshort+0.1895%4h10.344−0.081%$1.5M$876K20x