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−0.056%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$773as in the Funding arb table
Net, price: spread back to 7d avg − costs−$789as in the Price arb table
costs, in and out, $10k−$7907.896% of the position
Funding, last 7 days+0.165%+$16 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.056%, 7d avg −0.064%
=The price spread sits at its 7-day average of −0.064%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit COSTUSDT | 898.40 | 0 | get 0.0000% / 8h | 7h 52m | $491K | $218K | 25x |
| Short | KuCoin COSTUSDTM | 897.90 | 0.0100 | get 0.0100% / 8h | 7h 52m | $48K | $854K | 20x |
Funding 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: −0.056% → −0.064%
- $0.86
- Slippage, 4 orders
- −$766.63
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$767.77
- Costs to cover
- 7.896%
- Break-even
- 262.9 days
Slippage from Bybit: live order book, 12 min ago; KuCoin: live order book, 2 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, 12 min ago | 1.72 bp | 9.9 bp −$10 | 42.8 bp −$428 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 25.07 bp | 255.0 bp −$255 | doesn't fit | doesn't fit | doesn't fit |
COST on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COSTUSDT | 0.0000% | 8h | 898.85 | +0.050% | $45K | $178 | 20x | as long as short |
| Bybit COSTUSDTlong | 0.0000% | 8h | 898.40 | long leg | $491K | $218K | 25x | |
| Gate COST_USDT | 0.0000% | 8h | 898.76 | +0.040% | $523K | $7K | 25x | as long as short |
| Bitget COSTUSDT | 0.0000% | 8h | 898.42 | +0.002% | $403K | $112K | 25x | as long as short |
| SunX COST-USDT | 0.0000% | 8h | 898.10 | −0.033% | $1K | $3.2M | 10x | as long as short |
| HTX COST-USDT | 0.0000% | 8h | 900.59 | +0.244% | $10K | $42K | 10x | as long as short |
| QFEX COST-USD | +0.0017% | 1h | 898.23 | −0.019% | $1.1M | $3.2M | 10x | as long as short |
| OKX COST-USDT-SWAP | +0.0018% | 8h | 898.51 | +0.012% | $444K | $135K | 10x | as long as short |
| Injective COST/USDC PERP | +0.0033% | 1h | 891.98 | −0.715% | $2K | $28K | 12x | as long as short |
| Extended COST-USD | +0.0040% | 1h | 898.25 | −0.017% | — | — | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest COST-USD-PERP | +0.0046% | 1h | 896.76 | −0.183% | — | — | 25x | as long as short |
| tradeXYZ xyz:COST | +0.0050% | 1h | 897.01 | −0.155% | $1.8M | $526K | 20x | as long as short |
| KuCoin COSTUSDTMshort | +0.0100% | 8h | 897.90 | −0.056% | $48K | $854K | 20x | |
| Variational Omni COST | +0.0399% | 8h | 898.40 | 0.000% | $42K | $17K | — | as long as short |
| Binance COSTUSDT | +0.0554% | 8h | 898.37 | −0.003% | $1.1M | $963K | 20x | as long as short |
Bybit COSTUSDT
KuCoin COSTUSDTM
Aster COSTUSDT
Gate COST_USDT
Bitget COSTUSDT
SunX COST-USDT
HTX COST-USDT
OKX COST-USDT-SWAP
Injective COST/USDC PERP
Extended COST-USD
tradeXYZ xyz:COST
Variational Omni COST
Binance COSTUSDT