Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bybit−0.031%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$538as in the Funding arb table
Net, price: spread back to 7d avg − costs−$562as in the Price arb table
costs, in and out, $10k−$5595.591% of the position
Funding, last 7 days+0.207%+$21 on $10k
+Price spread, last 4 days (all we have)−0.104%−$10 · spread now −0.031%, 7d avg +0.002%
=Funding pays, the price is against you. KuCoin is 0.033% cheaper against Bybit than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of +0.002%). If the spread goes back, that is −$3 on $10k: about 27 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit INTWUSDT | 32.090 | 0 | get 0.0000% / 8h | 2h 11m | $732K | $1.2M | 25x |
| Short | KuCoin INTWUSDTM | 32.080 | 0.0100 | get 0.0100% / 8h | 2h 11m | $59K | $112K | 20x |
Bybit INTWUSDT
KuCoin INTWUSDTMFunding 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
- $21
- Price spread: −0.031% → +0.002%
- −$3.35
- Slippage, 4 orders
- −$536.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$541.42
- Costs to cover
- 5.591%
- Break-even
- 187.5 days
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 38 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 | 4.72 bp | 63.8 bp −$64 | 178.6 bp −$1,786 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 38 min ago | 17.08 bp | 222.3 bp −$222 | doesn't fit | doesn't fit | doesn't fit |
INTW on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget INTWUSDT | −0.2496% | 8h | 32.064 | −0.081% | $274K | $1.6M | 20x | as long as short |
| Binance INTWUSDT | 0.0000% | 8h | 32.110 | +0.062% | $3.1M | $35.3M | 25x | as long as short |
| Bybit INTWUSDTlong | 0.0000% | 8h | 32.090 | long leg | $732K | $1.2M | 25x | |
| OKX INTW-USDT-SWAP | 0.0000% | 8h | 32.100 | +0.031% | $306K | $2.5M | 25x | as long as short |
| Gate INTW_USDT | 0.0000% | 8h | 32.090 | 0.000% | $490K | $2.1M | 25x | as long as short |
| MEXC INTW_USDT | 0.0000% | 8h | 32.080 | −0.031% | $1.3M | $415K | 50x | as long as short |
| HTX INTW-USDT | 0.0000% | 8h | 32.100 | +0.031% | $10K | $8K | 10x | as long as short |
| KuCoin INTWUSDTMshort | +0.0100% | 8h | 32.080 | −0.031% | $59K | $112K | 20x |
Bitget INTWUSDT
Binance INTWUSDT
OKX INTW-USDT-SWAP
Gate INTW_USDT
MEXC INTW_USDT
HTX INTW-USDT