Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against KuCoin−0.027%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,512as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,502as in the Price arb table
costs, in and out, $10k−$1,49514.950% of the position
Funding, last 7 days−0.173%−$17 on $10k
+Price spread, last 4 days (all we have)+0.256%+$26 · spread now −0.027%, 7d avg +0.041%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.068% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.041%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CSCOUSDTM | 111.41 | 0.0100 | pay 0.0100% / 8h | 6h 17m | $328K | $955K | 20x |
| Short | Bybit CSCOUSDT | 111.38 | 0 | get 0.0000% / 8h | 6h 17m | $409K | $34K | 25x |
KuCoin CSCOUSDTM
Bybit CSCOUSDTFunding 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: −0.027% → +0.041%
- −$6.76
- Slippage, 4 orders
- −$1,472.05
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,522.81
- Costs to cover
- 14.950%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 29 min ago; Bybit: live order book, 29 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, 29 min ago | 9.43 bp | 1065.4 bp −$1,065 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 29 min ago | 13.02 bp | 22.7 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
CSCO on 13 exchanges
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 | 111.40 | −0.013% | $4K | $6K | 20x | as long as short |
| Binance CSCOUSDT | 0.0000% | 8h | 111.51 | +0.090% | $725K | $516K | 20x | as long as short |
| Bybit CSCOUSDTshort | 0.0000% | 8h | 111.38 | −0.027% | $409K | $34K | 25x | |
| OKX CSCO-USDT-SWAP | 0.0000% | 8h | 111.36 | −0.045% | $268K | $156K | 20x | as long as short |
| Gate CSCO_USDT | 0.0000% | 8h | 111.37 | −0.036% | $304K | $9K | 25x | as long as short |
| Bitget CSCOUSDT | 0.0000% | 8h | 111.44 | +0.027% | $320K | $82K | 20x | as long as short |
| Variational Omni CSCO | 0.0000% | 8h | 111.50 | +0.083% | $36K | $43K | — | as long as short |
| SunX CSCO-USDT | 0.0000% | 8h | 111.53 | +0.108% | $2K | $1.4M | 10x | as long as short |
| HTX CSCO-USDT | 0.0000% | 8h | 111.67 | +0.233% | $6K | $3K | 10x | as long as short |
| Phemex CSCOUSDT | 0.0000% | 8h | 111.59 | +0.162% | $1.3M | $40K | 10x | as long as short |
Aster CSCOUSDT
Binance CSCOUSDT
OKX CSCO-USDT-SWAP
Gate CSCO_USDT
Bitget CSCOUSDT
Variational Omni CSCO
SunX CSCO-USDT
HTX CSCO-USDT
Phemex CSCOUSDTShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CSCOUSDTMlong | +0.0100% | 8h | 111.41 | long leg | $328K | $955K | 20x | |
| Extended CSCO_24_5-USD | +0.0104% | 1h | 111.34 | −0.058% | $232K | $2K | 10x | as long as short |
| GRVT CSCO_USDT_Perp | +0.0635% | 8h | 111.51 | +0.088% | $473 | $146K | 10x | as long as short |
Extended CSCO_24_5-USD
GRVT CSCO_USDT_Perp