Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.032%
Price spread now: Bybit against KuCoin+0.088%7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$802as in the Funding arb table
Net, price: spread back to 7d avg − costs−$758as in the Price arb table
costs, in and out, $10k−$7737.727% of the position
Funding, last 7 days−0.297%−$30 on $10k
+Price spread, last 4 days (all we have)−0.227%−$23 · spread now +0.088%, 7d avg −0.059%
=The price spread pays, funding is against you. Bybit is 0.146% dearer against KuCoin than usual: you sell high and buy low (spread +0.088% now, against its 7-day average of −0.059%): +$15 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KLACUSDTM | 182.80 | 0.0100 | pay 0.0100% / 8h | 2h 29m | $205K | $926K | 20x |
| Short | Bybit KLACUSDT | 182.96 | 0 | get 0.0000% / 8h | 2h 29m | $308K | $718K | 25x |
KuCoin KLACUSDTM
Bybit KLACUSDTFunding 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
- −$21
- Price spread: +0.088% → −0.059%
- $14.65
- Slippage, 4 orders
- −$749.73
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$779.08
- Costs to cover
- 7.727%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; Bybit: live order book, 56 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, 10 min ago | 6.85 bp | 344.6 bp −$345 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 56 min ago | 6.80 bp | 92.8 bp −$93 | 201.6 bp −$2,016 | doesn't fit | doesn't fit |
KLAC on 10 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 KLACUSDT | −0.0106% | 8h | 183.19 | +0.213% | $700K | $170K | 20x | as long as short |
| Binance KLACUSDT | 0.0000% | 8h | 182.84 | +0.022% | $1.2M | $1.3M | 20x | as long as short |
| Bybit KLACUSDTshort | 0.0000% | 8h | 182.96 | +0.088% | $308K | $718K | 25x | |
| OKX KLAC-USDT-SWAP | 0.0000% | 8h | 182.86 | +0.033% | $386K | $264K | 20x | as long as short |
| Gate KLAC_USDT | 0.0000% | 8h | 182.64 | −0.088% | $466K | $41K | 20x | as long as short |
| Variational Omni KLAC | 0.0000% | 8h | 182.96 | +0.088% | $20K | $27K | — | as long as short |
| Extended KLAC_24_5-USD | +0.0040% | 1h | 182.63 | −0.096% | $5K | $4K | 10x | as long as short |
| Vest KLAC-USD-PERP | +0.0046% | 1h | 182.75 | −0.027% | — | $6K | 10x | as long as short |
| KuCoin KLACUSDTMlong | +0.0100% | 8h | 182.80 | long leg | $205K | $926K | 20x | |
| HTX KLAC-USDT | +0.0100% | 8h | 183.01 | +0.115% | $9K | $352K | 10x | as long as short |
Bitget KLACUSDT
Binance KLACUSDT
OKX KLAC-USDT-SWAP
Gate KLAC_USDT
Variational Omni KLAC
Extended KLAC_24_5-USD
Vest KLAC-USD-PERP
HTX KLAC-USDT