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: Bybit against KuCoin+0.091%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$697as in the Funding arb table
Net, price: spread back to 7d avg − costs−$679as in the Price arb table
costs, in and out, $10k−$6816.805% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.091%, 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 | KuCoin KOUSDTM | 87.470 | 0.0100 | pay 0.0100% / 8h | 2h 51m | $53K | $2.2M | 20x |
| Short | Bybit KOUSDT | 87.550 | 0 | get 0.0000% / 8h | 2h 51m | $343K | $19K | 25x |
KuCoin KOUSDTM
Bybit KOUSDTFunding 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: +0.091% → +0.078%
- $1.33
- Slippage, 4 orders
- −$657.53
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$700.2
- Costs to cover
- 6.805%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; Bybit: live order book, 53 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 | 4.57 bp | 304.5 bp −$305 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 53 min ago | 8.58 bp | 42.1 bp −$42 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX KOUSDC | −0.0255% | 4h | 87.630 | +0.183% | $88K | $209K | 10x | as long as short |
| Bybit KOUSDTshort | 0.0000% | 8h | 87.550 | +0.091% | $343K | $19K | 25x | |
| OKX KO-USDT-SWAP | 0.0000% | 8h | 87.630 | +0.183% | $765K | $322K | 20x | as long as short |
| Gate KO_USDT | 0.0000% | 8h | 87.570 | +0.114% | $552K | $15K | 25x | as long as short |
| Bitget KOUSDT | 0.0000% | 8h | 87.630 | +0.183% | $543K | $143K | 20x | as long as short |
| HTX KO-USDT | 0.0000% | 8h | 87.650 | +0.206% | $5K | $367K | 10x | as long as short |
| Binance KOUSDT | +0.0035% | 8h | 87.657 | +0.214% | $805K | $637K | 20x | as long as short |
| KuCoin KOUSDTMlong | +0.0100% | 8h | 87.470 | long leg | $53K | $2.2M | 20x |
edgeX KOUSDC
OKX KO-USDT-SWAP
Gate KO_USDT
Bitget KOUSDT
HTX KO-USDT
Binance KOUSDT