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 Bybit0.000%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$543as in the Funding arb table
Net, price: spread back to 7d avg − costs−$555as in the Price arb table
costs, in and out, $10k−$5605.599% of the position
Funding, last 7 days+0.169%+$17 on $10k
+Price spread, last 4 days (all we have)−0.035%−$3 · spread now 0.000%, 7d avg −0.054%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.054% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FLNCUSDT | 7.3700 | 0 | get 0.0000% / 8h | 2h 02m | $437K | $209K | 25x |
| Short | KuCoin FLNCUSDTM | 7.3700 | 0.0100 | get 0.0100% / 8h | 2h 02m | $105K | $213K | 20x |
Bybit FLNCUSDT
KuCoin FLNCUSDTMFunding 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: 0.000% → −0.054%
- $5.39
- Slippage, 4 orders
- −$536.94
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$533.54
- Costs to cover
- 5.599%
- Break-even
- 184.8 days
Slippage from Bybit: live order book, 37 min ago; KuCoin: live order book, 54 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, 37 min ago | 6.80 bp | 46.1 bp −$46 | 238.5 bp −$2,385 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 54 min ago | 6.79 bp | 260.5 bp −$260 | doesn't fit | doesn't fit | doesn't fit |
FLNC on 11 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 FLNCUSDT | 0.0000% | 8h | 7.3748 | +0.065% | $19K | $11K | 20x | as long as short |
| Extended FLNC-USD | 0.0000% | 1h | 7.3723 | +0.032% | $8K | $185K | 10x | as long as short |
| Binance FLNCUSDT | 0.0000% | 8h | 7.3739 | +0.054% | $1.8M | $4.8M | 20x | as long as short |
| Bybit FLNCUSDTlong | 0.0000% | 8h | 7.3700 | long leg | $437K | $209K | 25x | |
| OKX FLNC-USDT-SWAP | 0.0000% | 8h | 7.3760 | +0.081% | $386K | $331K | 20x | as long as short |
| Gate FLNC_USDT | 0.0000% | 8h | 7.3760 | +0.081% | $296K | $270K | 20x | as long as short |
| Bitget FLNCUSDT | 0.0000% | 8h | 7.3780 | +0.109% | $241K | $343K | 20x | as long as short |
| GRVT FLNC_USDT_Perp | 0.0000% | 8h | 7.3790 | +0.122% | $23K | $124K | 10x | as long as short |
| SunX FLNC-USDT | 0.0000% | 8h | 7.3700 | 0.000% | $985 | $1.2M | 10x | as long as short |
| HTX FLNC-USDT | 0.0000% | 8h | 7.4200 | +0.678% | $47K | $7K | 10x | as long as short |
Aster FLNCUSDT
Extended FLNC-USD
Binance FLNCUSDT
OKX FLNC-USDT-SWAP
Gate FLNC_USDT
Bitget FLNCUSDT
GRVT FLNC_USDT_Perp
SunX FLNC-USDT
HTX FLNC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin FLNCUSDTMshort | +0.0100% | 8h | 7.3700 | 0.000% | $105K | $213K | 20x |