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−0.107%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$692as in the Funding arb table
Net, price: spread back to 7d avg − costs−$717as in the Price arb table
costs, in and out, $10k−$7107.098% of the position
Funding, last 7 days+0.173%+$17 on $10k
+Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.107%, 7d avg −0.038%
=Funding pays, the price is against you. KuCoin is 0.069% cheaper against Bybit than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of −0.038%). If the spread goes back, that is −$7 on $10k: about 2.3 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CSCOUSDT | 111.79 | 0 | get 0.0000% / 8h | 2h 11m | $410K | $35K | 25x |
| Short | KuCoin CSCOUSDTM | 111.67 | 0.0100 | get 0.0100% / 8h | 2h 11m | $328K | $811K | 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: −0.107% → −0.038%
- −$6.95
- Slippage, 4 orders
- −$686.77
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$695.72
- Costs to cover
- 7.098%
- Break-even
- 238.9 days
Slippage from Bybit: live order book, 28 min ago; KuCoin: live order book, 58 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, 28 min ago | 10.74 bp | 46.6 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 58 min ago | 23.33 bp | 208.7 bp −$209 | doesn't fit | doesn't fit | doesn't fit |
CSCO on 13 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 CSCOUSDT | 0.0000% | 8h | 111.83 | +0.032% | $4K | $6K | 20x | as long as short |
| Binance CSCOUSDT | 0.0000% | 8h | 111.80 | +0.009% | $742K | $464K | 20x | as long as short |
| Bybit CSCOUSDTlong | 0.0000% | 8h | 111.79 | long leg | $410K | $35K | 25x | |
| OKX CSCO-USDT-SWAP | 0.0000% | 8h | 111.77 | −0.018% | $271K | $157K | 20x | as long as short |
| Gate CSCO_USDT | 0.0000% | 8h | 111.80 | +0.009% | $306K | $9K | 25x | as long as short |
| Bitget CSCOUSDT | 0.0000% | 8h | 111.86 | +0.063% | $321K | $85K | 20x | as long as short |
| Variational Omni CSCO | 0.0000% | 8h | 111.95 | +0.139% | $39K | $8K | — | as long as short |
| GRVT CSCO_USDT_Perp | 0.0000% | 8h | 111.95 | +0.146% | $475 | $177K | 10x | as long as short |
| SunX CSCO-USDT | 0.0000% | 8h | 111.90 | +0.098% | $1K | $1.3M | 10x | as long as short |
| HTX CSCO-USDT | 0.0000% | 8h | 112.03 | +0.215% | $6K | $3K | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CSCOUSDT | 0.0000% | 8h | 112.00 | +0.188% | $1.3M | $36K | 10x | as long as short |
| KuCoin CSCOUSDTMshort | +0.0100% | 8h | 111.67 | −0.107% | $328K | $811K | 20x | |
| Extended CSCO_24_5-USD | +0.0104% | 1h | 111.59 | −0.179% | $232K | $2K | 10x | as long as short |
Bybit CSCOUSDT
KuCoin CSCOUSDTM
Aster CSCOUSDT
Binance CSCOUSDT
OKX CSCO-USDT-SWAP
Gate CSCO_USDT
Bitget CSCOUSDT
Variational Omni CSCO
GRVT CSCO_USDT_Perp
SunX CSCO-USDT
HTX CSCO-USDT
Phemex CSCOUSDT
Extended CSCO_24_5-USD