Funding you earn now, next payment 08:00 UTC−0.0298%/8h= −32.6% APRnext payment −$2.98 per $10,000 · paid last 24h −0.223%
Price spread now: Bybit against KuCoin+0.046%7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$916as in the Funding arb table
Net, price: spread back to 7d avg − costs−$847as in the Price arb table
costs, in and out, $10k−$8398.394% of the position
Funding, last 7 days−0.765%−$77 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.046%, 7d avg +0.121%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Bybit is 0.075% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.121%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GPROUSDTM | 1.3050 | 0.0298 | pay 0.0298% / 8h | 18m 55s | $64K | $1.1M | 20x |
| Short | Bybit GPROUSDT | 1.3056 | 0 | get 0.0000% / 8h | 18m 55s | $361K | $224K | 25x |
KuCoin GPROUSDTM
Bybit GPROUSDTFunding 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
- −$62.58
- Price spread: +0.046% → +0.121%
- −$7.52
- Slippage, 4 orders
- −$816.42
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$909.52
- Costs to cover
- 8.394%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Bybit: live order book, 11 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, 6 min ago | 7.68 bp | 211.7 bp −$212 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 11 min ago | 6.50 bp | 150.2 bp −$150 | doesn't fit | doesn't fit | doesn't fit |
GPRO on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GPROUSDTshort | 0.0000% | 8h | 1.3056 | +0.046% | $361K | $224K | 25x | |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3100 | +0.383% | $1.2M | $31K | 10x | as long as short |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3004 | −0.352% | $54K | $130K | 20x | as long as short |
| Bitget GPROUSDT | 0.0000% | 8h | 1.3042 | −0.061% | $421K | $2.7M | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3050 | 0.000% | — | $1.7M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3040 | −0.077% | $8K | $208K | 20x | as long as short |
| Entropy io:GPRO | +0.0194% | 1h | 1.3025 | −0.192% | $483K | $30.6M | 5x | as long as short |
| Binance GPROUSDT | +0.0194% | 8h | 1.3030 | −0.153% | $872K | $1.7M | 20x | as long as short |
| Variational Omni GPRO | +0.0205% | 8h | 1.3038 | −0.094% | $37K | $30K | — | as long as short |
| OKX GPRO-USDT-SWAP | +0.0256% | 8h | 1.2970 | −0.613% | $546K | $683K | 10x | as long as short |
QFEX GPRO-USD
Gate GPRO_USDT
Bitget GPROUSDT
SunX GPRO-USDT
HTX GPRO-USDT
Entropy io:GPRO
Binance GPROUSDT
Variational Omni GPRO
OKX GPRO-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GPROUSDTMlong | +0.0298% | 8h | 1.3050 | long leg | $64K | $1.1M | 20x | |
| Aster GPROUSD1 | +0.0334% | 8h | 1.3016 | −0.258% | $7.7M | $19.1M | 20x | as long as short |
Aster GPROUSD1