Funding you earn now, next payment 00:00 UTC+0.0210%/8h= +23.0% APRnext payment +$2.10 per $10,000 · paid last 24h +0.003%
Price spread now: KuCoin against Bybit−0.105%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1331.329% of the position
Funding, last 7 days+0.097%+$10 on $10k
+Price spread, last 7 days+0.175%+$18 · spread now −0.105%, 7d avg +0.004%
=Funding pays, the price is against you. KuCoin is 0.109% cheaper against Bybit than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of +0.004%). If the spread goes back, that is −$11 on $10k: about 41 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.097% in total) that is about 7.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.097% in total (about 5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.10 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit INTCUSDT | 123.55 | 0.0014 | pay 0.0014% / 8h | 19m 36s | $13.4M | $29.0M | 50x |
| Short | KuCoin INTCUSDTM | 123.42 | 0.0224 | get 0.0224% / 8h | 19m 36s | $1.2M | $58K | 20x |
Funding 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
- $44.1
- Price spread: −0.105% → +0.004%
- −$10.88
- Slippage, 4 orders
- −$109.94
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$99.73
- Costs to cover
- 1.329%
- Break-even
- 22.8 days
Slippage from Bybit: live order book, 4 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, 4 min ago | 0.41 bp | 9.5 bp −$10 | 14.1 bp −$141 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 6.08 bp | 59.5 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
INTC on 33 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 INTCUSDT | 0.0000% | 8h | 123.53 | −0.016% | $308K | $507K | 20x | as long as short |
| OKX INTC-USDT-SWAP | 0.0000% | 8h | 123.60 | +0.040% | $18.7M | $69.5M | 25x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 123.51 | −0.032% | $9.0M | $32.3M | 75x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 123.50 | −0.040% | $1.7M | $51K | 10x | as long as short |
| GRVT INTC_USDT_Perp | +0.0004% | 8h | 123.52 | −0.024% | $925K | $1.4M | 10x | as long as short |
| Bybit INTCUSDTlong | +0.0014% | 8h | 123.55 | long leg | $13.4M | $29.0M | 50x | |
| Lighter RH INTC | +0.0032% | 1h | 123.53 | −0.016% | $615K | $3.1M | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0032% | 1h | 123.33 | −0.178% | $263K | $1.2M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | −1.789% | $213 | $23K | 12x | as long as short |
| Aftermath Perps INTCUSD | +0.0041% | 1h | 123.42 | −0.102% | $2K | $53K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest INTC-USD-PERP | +0.0046% | 1h | 123.59 | +0.032% | — | $1.5M | 25x | as long as short |
| Nado INTC-PERP | +0.0047% | 1h | 123.43 | −0.098% | $170K | $239K | 10x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 123.50 | −0.036% | $28K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 123.34 | −0.170% | $1.3M | $2.3M | 10x | as long as short |
| QFEX INTC-USD | +0.0055% | 1h | 123.53 | −0.016% | $1.9M | $15.3M | 10x | as long as short |
| Variational Omni INTC | +0.0058% | 8h | 123.50 | −0.042% | $2.2M | $2.5M | — | as long as short |
| Polymarket Perps INTC-USD | +0.0079% | 1h | 123.61 | +0.049% | $213K | $458K | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0093% | 8h | 123.51 | −0.032% | — | — | 5x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 123.55 | 0.000% | $46K | $258K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 123.49 | −0.049% | $4K | $3K | 10x | as long as short |
| Extended INTC_24_5-USD | +0.0112% | 1h | 123.52 | −0.022% | $349K | $1.1M | 10x | as long as short |
| Aevo INTC-PERP | +0.0112% | 1h | 123.51 | −0.032% | $50K | — | 10x | as long as short |
| Binance INTCUSDT | +0.0112% | 8h | 123.58 | +0.021% | $72.0M | $410.3M | 25x | as long as short |
| KuCoin INTCUSDTMshort | +0.0224% | 8h | 123.42 | −0.105% | $1.2M | $58K | 20x | |
| BloFin INTC-USDT | +0.0229% | 8h | 123.54 | −0.008% | $916K | $311K | 25x | as long as short |
| Bitget INTCUSDT | +0.0240% | 8h | 123.65 | +0.081% | $25.4M | $34.2M | 50x | as long as short |
| tradeXYZ xyz:INTC | +0.0243% | 1h | 123.65 | +0.081% | $147.0M | $79.3M | 10x | as long as short |
| Lighter INTC | +0.0304% | 1h | 123.53 | −0.012% | $1.5M | $1.9M | 10x | as long as short |
| Phoenix INTC | +0.0325% | 1h | 123.53 | −0.016% | $47K | $256K | 10x | as long as short |
| RISEx INTC/USDC | +0.0433% | 1h | 123.56 | +0.010% | $342K | $378K | 10x | as long as short |
| Deribit INTC_USDC-PERPETUAL | +0.0479% | 1h | 123.50 | −0.040% | $21K | $178K | 10x | as long as short |
| edgeX INTCUSDC | +0.0553% | 4h | 123.46 | −0.072% | $88K | $288K | 10x | as long as short |
| Arcus INTC-USD | +0.0567% | 1h | 123.51 | −0.032% | $95K | $311K | 10x | as long as short |
Bybit INTCUSDT
KuCoin INTCUSDTM
Aster INTCUSDT
OKX INTC-USDT-SWAP
Gate INTC_USDT
Phemex INTCUSDT
GRVT INTC_USDT_Perp
Lighter RH INTC
Coinbase International INTC-PERP-INTX
Injective INTC/USDC PERP
Aftermath Perps INTCUSD
SoDEX INTC-USD
Variational Omni INTC
Polymarket Perps INTC-USD
Paradex INTC-USD-PERP
ApeX Omni INTCUSDT
Extended INTC_24_5-USD
Binance INTCUSDT
BloFin INTC-USDT
Bitget INTCUSDT
tradeXYZ xyz:INTC
Lighter INTC
Phoenix INTC
RISEx INTC/USDC
Deribit INTC_USDC-PERPETUAL
edgeX INTCUSDC