Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.024%
Price spread now: KuCoin against Bybit−0.034%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$559as in the Funding arb table
Net, price: spread back to 7d avg − costs−$570as in the Price arb table
costs, in and out, $10k−$5755.748% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.034%, 7d avg −0.078%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.043% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KOUSDT | 87.370 | 0 | get 0.0000% / 8h | 7h 05m | $343K | $19K | 25x |
| Short | KuCoin KOUSDTM | 87.340 | 0.0100 | get 0.0100% / 8h | 7h 05m | $54K | $2.2M | 20x |
Bybit KOUSDT
KuCoin KOUSDTMFunding 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: −0.034% → −0.078%
- $4.35
- Slippage, 4 orders
- −$551.79
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$549.45
- Costs to cover
- 5.748%
- Break-even
- 190.1 days
Slippage from Bybit: live order book, 59 min ago; KuCoin: live order book, 1 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, 59 min ago | 6.29 bp | 54.1 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 7.44 bp | 207.4 bp −$207 | doesn't fit | doesn't fit | doesn't fit |
KO 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KOUSDT | 0.0000% | 8h | 87.460 | +0.103% | $808K | $588K | 20x | as long as short |
| Bybit KOUSDTlong | 0.0000% | 8h | 87.370 | long leg | $343K | $19K | 25x | |
| OKX KO-USDT-SWAP | 0.0000% | 8h | 87.490 | +0.137% | $760K | $288K | 20x | as long as short |
| Gate KO_USDT | 0.0000% | 8h | 87.410 | +0.046% | $545K | $14K | 25x | as long as short |
| Bitget KOUSDT | 0.0000% | 8h | 87.370 | 0.000% | $542K | $142K | 20x | as long as short |
| HTX KO-USDT | 0.0000% | 8h | 87.470 | +0.114% | $5K | $367K | 10x | as long as short |
| KuCoin KOUSDTMshort | +0.0100% | 8h | 87.340 | −0.034% | $54K | $2.2M | 20x | |
| edgeX KOUSDC | +0.0719% | 4h | 87.422 | +0.059% | $88K | $210K | 10x | as long as short |
Binance KOUSDT
OKX KO-USDT-SWAP
Gate KO_USDT
Bitget KOUSDT
HTX KO-USDT
edgeX KOUSDC