Funding you earn now, next payment 04:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h −0.013%
Price spread now: KuCoin against Bybit−0.182%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$502as in the Funding arb table
Net, price: spread back to 7d avg − costs−$525as in the Price arb table
costs, in and out, $10k−$5105.100% of the position
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 4 days (all we have)+0.154%+$15 · spread now −0.182%, 7d avg −0.028%
=Funding pays, the price is against you. KuCoin is 0.154% cheaper against Bybit than usual: you would sell low and buy high (spread −0.182% now, against its 7-day average of −0.028%). If the spread goes back, that is −$15 on $10k: about 28 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.084% in total) that is about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HYUNDAIUSDT | 268.63 | 0.0082 | pay 0.0082% / 8h | 4h 09m | $151K | $74K | 25x |
| Short | KuCoin HYUNDAIUSDTM | 268.14 | 0.0100 | get 0.0050% / 4h | 9m 12s | $348K | $1.3M | 20x |
Bybit HYUNDAIUSDT
KuCoin HYUNDAIUSDTMFunding 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
- $3.87
- Price spread: −0.182% → −0.028%
- −$15.43
- Slippage, 4 orders
- −$487
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$521.56
- Costs to cover
- 5.100%
- Break-even
- 949.3 days
Slippage from Bybit: live order book, 31 min ago; KuCoin: live order book, 6 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, 31 min ago | 3.91 bp | 92.8 bp −$93 | 185.6 bp −$1,856 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 0.56 bp | 205.5 bp −$206 | doesn't fit | doesn't fit | doesn't fit |
HYUNDAI 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HYUNDAIUSDT | 0.0000% | 4h | 268.20 | −0.159% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 268.63 | +0.001% | $1.8M | $1.5M | 25x | as long as short |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 268.70 | +0.026% | $864K | $877K | 25x | as long as short |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 268.76 | +0.048% | $828K | $626K | 20x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 268.62 | −0.004% | $1K | $718K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 268.94 | +0.115% | $7K | $31K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 268.63 | 0.000% | $2.3M | $108K | 10x | as long as short |
| Bybit HYUNDAIUSDTlong | +0.0082% | 8h | 268.63 | long leg | $151K | $74K | 25x | |
| KuCoin HYUNDAIUSDTMshort | +0.0100% | 4h | 268.14 | −0.182% | $348K | $1.3M | 20x | |
| OKX HYUNDAI-USDT-SWAP | +0.0115% | 8h | 268.63 | 0.000% | $136K | $129K | 25x | as long as short |
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
Gate HYUNDAI_USDT
Bitget HYUNDAIUSDT
SunX HYUNDAI-USDT
HTX HYUNDAI-USDT
Phemex HYUNDAIUSDT
OKX HYUNDAI-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HYUNDAI_USDT_Perp | +0.0162% | 4h | 268.58 | −0.019% | $2K | $137K | 10x | as long as short |
| tradeXYZ xyz:HYUNDAI | +0.0621% | 1h | 268.49 | −0.052% | $957K | $1.4M | 10x | as long as short |
GRVT HYUNDAI_USDT_Perp
tradeXYZ xyz:HYUNDAI