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: Bybit against KuCoin0.000%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$561as in the Funding arb table
Net, price: spread back to 7d avg − costs−$549as in the Price arb table
costs, in and out, $10k−$5445.438% of the position
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now 0.000%, 7d avg +0.051%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.051% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.051%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FLNCUSDTM | 7.3700 | 0.0100 | pay 0.0100% / 8h | 2h 50m | $105K | $215K | 20x |
| Short | Bybit FLNCUSDT | 7.3700 | 0 | get 0.0000% / 8h | 2h 50m | $448K | $192K | 25x |
KuCoin FLNCUSDTM
Bybit FLNCUSDTFunding 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: 0.000% → +0.051%
- −$5.15
- Slippage, 4 orders
- −$520.76
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$569.9
- Costs to cover
- 5.438%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bybit: 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 KuCoin live order book, 5 min ago | 6.79 bp | 206.0 bp −$206 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 54 min ago | 13.53 bp | 51.1 bp −$51 | 228.3 bp −$2,283 | 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 | 7.3668 | −0.043% | $19K | $11K | 20x | as long as short |
| Extended FLNC-USD | 0.0000% | 1h | 7.3731 | +0.043% | $12K | $185K | 10x | as long as short |
| Binance FLNCUSDT | 0.0000% | 8h | 7.3730 | +0.041% | $1.8M | $4.7M | 20x | as long as short |
| Bybit FLNCUSDTshort | 0.0000% | 8h | 7.3700 | 0.000% | $448K | $192K | 25x | |
| OKX FLNC-USDT-SWAP | 0.0000% | 8h | 7.3800 | +0.136% | $391K | $320K | 20x | as long as short |
| Gate FLNC_USDT | 0.0000% | 8h | 7.3710 | +0.014% | $296K | $263K | 20x | as long as short |
| Bitget FLNCUSDT | 0.0000% | 8h | 7.3720 | +0.027% | $241K | $341K | 20x | as long as short |
| GRVT FLNC_USDT_Perp | 0.0000% | 8h | 7.3708 | +0.011% | $22K | $127K | 10x | as long as short |
| SunX FLNC-USDT | 0.0000% | 8h | 7.3700 | 0.000% | $926 | $1.2M | 10x | as long as short |
| HTX FLNC-USDT | 0.0000% | 8h | 7.3900 | +0.271% | $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 FLNCUSDTMlong | +0.0100% | 8h | 7.3700 | long leg | $105K | $215K | 20x |