Funding you earn now, next payment 04:00 UTC−0.0118%/8h= −12.9% APRpaid last 24h +0.013%
Price spread now: Bybit against KuCoin+0.056%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$628as in the Funding arb table
Net, price: spread back to 7d avg − costs−$616as in the Price arb table
costs, in and out, $10k−$6196.193% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.056%, 7d avg +0.026%
=The price spread pays, funding is against you. Bybit is 0.029% dearer against KuCoin than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of +0.026%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.084% in total) that is about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HYUNDAIUSDTM | 269.56 | 0.0270 | pay 0.0135% / 4h | 1h 00m | $511K | $1.2M | 20x |
| Short | Bybit HYUNDAIUSDT | 269.71 | 0.0152 | get 0.0152% / 8h | 5h 00m | $154K | $69K | 25x |
KuCoin HYUNDAIUSDTM
Bybit HYUNDAIUSDTFunding 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
- −$24.68
- Price spread: +0.056% → +0.026%
- $2.92
- Slippage, 4 orders
- −$596.34
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$641.09
- Costs to cover
- 6.193%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bybit: live order book, 44 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 | 4.82 bp | 273.0 bp −$273 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 44 min ago | 2.98 bp | 70.4 bp −$70 | 168.0 bp −$1,680 | 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 | 268.72 | −0.311% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 269.43 | −0.047% | $1.8M | $1.4M | 25x | as long as short |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 269.50 | −0.022% | $858K | $863K | 25x | as long as short |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 269.65 | +0.033% | $824K | $555K | 20x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 269.70 | +0.052% | $1K | $715K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 269.77 | +0.078% | $8K | $29K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 269.66 | +0.037% | $2.3M | $102K | 10x | as long as short |
| OKX HYUNDAI-USDT-SWAP | +0.0045% | 8h | 269.95 | +0.145% | $133K | $114K | 25x | as long as short |
| Bybit HYUNDAIUSDTshort | +0.0152% | 8h | 269.71 | +0.056% | $154K | $69K | 25x | |
| GRVT HYUNDAI_USDT_Perp | +0.0228% | 4h | 269.55 | −0.004% | $2K | $135K | 10x | as long as short |
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
Gate HYUNDAI_USDT
Bitget HYUNDAIUSDT
SunX HYUNDAI-USDT
HTX HYUNDAI-USDT
Phemex HYUNDAIUSDT
OKX HYUNDAI-USDT-SWAP
GRVT HYUNDAI_USDT_PerpShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HYUNDAIUSDTMlong | +0.0270% | 4h | 269.56 | long leg | $511K | $1.2M | 20x | |
| tradeXYZ xyz:HYUNDAI | +0.0906% | 1h | 269.58 | +0.007% | $977K | $1.4M | 10x | as long as short |
tradeXYZ xyz:HYUNDAI