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+0.077%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$558as in the Funding arb table
Net, price: spread back to 7d avg − costs−$580as in the Price arb table
costs, in and out, $10k−$5805.799% of the position
Funding, last 7 days+0.217%+$22 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.077%, 7d avg +0.078%
=The price spread sits at its 7-day average of +0.078%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IWMUSDT | 285.56 | 0 | get 0.0000% / 8h | 50m 31s | $557K | $60K | 25x |
| Short | KuCoin IWMUSDTM | 285.78 | 0.0100 | get 0.0100% / 8h | 50m 31s | $140K | $859K | 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
- $21
- Price spread: +0.077% → +0.078%
- −$0.11
- Slippage, 4 orders
- −$556.92
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$559.03
- Costs to cover
- 5.799%
- Break-even
- 193.3 days
Slippage from Bybit: live order book, 44 min ago; KuCoin: live order book, 34 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, 44 min ago | 4.73 bp | 34.3 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 34 min ago | 2.45 bp | 266.7 bp −$267 | doesn't fit | doesn't fit | doesn't fit |
IWM on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Markets by Kinetiq mkts:SMALL2000 | −0.0107% | 1h | 285.42 | −0.049% | $566K | $358K | 20x | as long as short |
| Aster IWMUSDT | 0.0000% | 8h | 285.60 | +0.015% | $2K | $221 | 20x | as long as short |
| Bybit IWMUSDTlong | 0.0000% | 8h | 285.56 | long leg | $557K | $60K | 25x | |
| OKX IWM-USDT-SWAP | 0.0000% | 8h | 285.32 | −0.084% | $437K | $160K | 20x | as long as short |
| Gate IWM_USDT | 0.0000% | 8h | 285.77 | +0.074% | $608K | $157K | 20x | as long as short |
| Bitget IWMUSDT | 0.0000% | 8h | 285.76 | +0.070% | $442K | $15K | 20x | as long as short |
| Variational Omni IWM | 0.0000% | 8h | 285.71 | +0.054% | $160K | $207K | — | as long as short |
| SunX IWM-USDT | 0.0000% | 8h | 285.51 | −0.018% | $979 | $454K | 10x | as long as short |
| HTX IWM-USDT | 0.0000% | 8h | 285.75 | +0.067% | $531 | $37K | 20x | as long as short |
| Phemex IWMUSDT | 0.0000% | 8h | 285.77 | +0.074% | $765K | $81K | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter IWM | +0.0032% | 1h | 286.25 | +0.242% | $75K | $19K | 10x | as long as short |
| Vest IWM-USD-PERP | +0.0046% | 1h | 285.52 | −0.014% | — | — | 25x | as long as short |
| MEXC IWM_USDT | +0.0072% | 8h | 285.75 | +0.067% | $883K | $83K | 50x | as long as short |
| Binance IWMUSDT | +0.0073% | 8h | 285.75 | +0.067% | $1.1M | $1.2M | 20x | as long as short |
| BloFin IWM-USDT | +0.0082% | 8h | 285.82 | +0.091% | $67K | $33K | 20x | as long as short |
| KuCoin IWMUSDTMshort | +0.0100% | 8h | 285.78 | +0.077% | $140K | $859K | 20x | |
| GRVT IWM_USDT_Perp | +0.0529% | 8h | 285.80 | +0.084% | $997 | $104K | 10x | as long as short |
Bybit IWMUSDT
KuCoin IWMUSDTM
Aster IWMUSDT
OKX IWM-USDT-SWAP
Gate IWM_USDT
Bitget IWMUSDT
Variational Omni IWM
SunX IWM-USDT
HTX IWM-USDT
Phemex IWMUSDT
Lighter IWM
MEXC IWM_USDT
Binance IWMUSDT
BloFin IWM-USDT
GRVT IWM_USDT_Perp