Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against KuCoin+0.078%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,457as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,441as in the Price arb table
costs, in and out, $10k−$1,44214.419% of the position
Funding, last 7 days−0.150%−$15 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.078%, 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 | KuCoin COSTUSDTM | 898.50 | 0.0100 | pay 0.0100% / 8h | 19m 46s | $41K | $848K | 20x |
| Short | Bybit COSTUSDT | 899.20 | 0 | get 0.0000% / 8h | 19m 46s | $470K | $192K | 25x |
Funding 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
- −$21
- Price spread: +0.078% → +0.064%
- $1.37
- Slippage, 4 orders
- −$1,418.92
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,461.55
- Costs to cover
- 14.419%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 44 min ago; Bybit: live order book, 50 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, 44 min ago | 16.14 bp | 1114.3 bp −$1,114 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 50 min ago | 9.35 bp | 20.9 bp −$21 | 151.7 bp −$1,517 | 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 | 898.22 | −0.031% | $45K | $178 | 20x | as long as short |
| Bybit COSTUSDTshort | 0.0000% | 8h | 899.20 | +0.078% | $470K | $192K | 25x | |
| OKX COST-USDT-SWAP | 0.0000% | 8h | 899.58 | +0.120% | $443K | $140K | 10x | as long as short |
| Gate COST_USDT | 0.0000% | 8h | 899.08 | +0.065% | $523K | $26K | 25x | as long as short |
| Bitget COSTUSDT | 0.0000% | 8h | 898.60 | +0.011% | $398K | $124K | 25x | as long as short |
| SunX COST-USDT | 0.0000% | 8h | 898.10 | −0.045% | $2K | $3.3M | 10x | as long as short |
| HTX COST-USDT | 0.0000% | 8h | 900.18 | +0.187% | $10K | $41K | 10x | as long as short |
| QFEX COST-USD | +0.0029% | 1h | 898.28 | −0.024% | $1.1M | $3.1M | 10x | as long as short |
| Injective COST/USDC PERP | +0.0033% | 1h | 891.98 | −0.726% | $2K | $28K | 12x | as long as short |
| Extended COST-USD | +0.0040% | 1h | 898.25 | −0.028% | — | — | 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 | 897.98 | −0.058% | — | — | 25x | as long as short |
| tradeXYZ xyz:COST | +0.0050% | 1h | 898.18 | −0.036% | $1.8M | $526K | 20x | as long as short |
| KuCoin COSTUSDTMlong | +0.0100% | 8h | 898.50 | long leg | $41K | $848K | 20x | |
| Variational Omni COST | +0.0324% | 8h | 898.39 | −0.012% | $42K | $19K | — | as long as short |
| Binance COSTUSDT | +0.0504% | 8h | 898.47 | −0.003% | $1.1M | $969K | 20x | as long as short |
KuCoin COSTUSDTM
Bybit COSTUSDT
Aster COSTUSDT
OKX COST-USDT-SWAP
Gate COST_USDT
Bitget COSTUSDT
SunX COST-USDT
HTX COST-USDT
Injective COST/USDC PERP
Extended COST-USD
tradeXYZ xyz:COST
Variational Omni COST
Binance COSTUSDT