Funding you earn now, next payment 08:00 UTC−0.0247%/8h= −27.0% APRnext payment −$2.47 per $10,000 · paid last 24h −0.226%
Price spread now: Bybit against KuCoin−0.715%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.216%+$22 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 0.715% cheaper against KuCoin than usual: you would sell low and buy high (−$71 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.216%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin INFQUSDTM | 13.990 | 0.0247 | pay 0.0247% / 8h | 3h 35m | $139K | $97K | 20x |
| Short | Bybit INFQUSDT | 13.890 | 0 | get 0.0000% / 8h | 3h 35m | $75K | $45K | 25x |
KuCoin INFQUSDTM
Bybit INFQUSDTFunding 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
- −$51.87
- Price spread: −0.715% → 0.000%
- −$71.48
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$146.35
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 29 min ago; Bybit: no order-book sample. Net counts fees only.
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, 29 min ago | 17.77 bp | 326.4 bp −$326 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit no order-book sample | — | — | — | — | — |
Bybit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
INFQ on 6 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 INFQUSDTshort | 0.0000% | 8h | 13.890 | −0.715% | $75K | $45K | 25x | |
| OKX INFQ-USDT-SWAP | 0.0000% | 8h | 13.953 | −0.264% | $139K | $79K | 10x | as long as short |
| Gate INFQ_USDT | 0.0000% | 8h | 13.980 | −0.071% | $41K | $8K | 20x | as long as short |
| Bitget INFQUSDT | 0.0000% | 8h | 13.958 | −0.229% | $96K | $74K | 20x | as long as short |
| HTX INFQ-USDT | +0.0100% | 8h | 14.040 | +0.357% | $1K | $277K | 20x | as long as short |
| KuCoin INFQUSDTMlong | +0.0247% | 8h | 13.990 | long leg | $139K | $97K | 20x |
OKX INFQ-USDT-SWAP
Gate INFQ_USDT
Bitget INFQUSDT
HTX INFQ-USDT