Settings8H · net · $10k
Funding arb · Price arb /

KUAISHOU

RWAall KUAISHOU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: KuCoin against Bybit0.000%7-day average −0.202% · you sell dearer than you buy
Net, funding: paid 7d − costs−$339as in the Funding arb table
Net, price: spread back to 7d avg − costs−$331as in the Price arb table
costs, in and out, $10k−$3513.508% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.122%+$12 on $10k
Price spread, last 4 days (all we have)−0.205%−$20 · spread now 0.000%, 7d avg −0.202%
Together, before fees−0.083%−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.202% dearer against Bybit than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.202%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit KUAISHOUUSDT3.98000get 0.0000% / 8h33m 42s$138K$34K25x
ShortKuCoin KUAISHOUUSDTM3.98000.0100get 0.0050% / 4h33m 42s$18K$1.6M20x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21
Price spread: 0.000% → −0.202%
$20.23
Slippage, 4 orders
−$327.81
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$309.58
Costs to cover
3.508%
Break-even
110.2 days
Slippage from Bybit: live order book, 51 min ago; KuCoin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 51 min ago25.13 bp71.5 bp −$71doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago11.33 bp34.6 bp −$35doesn't fitdoesn't fitdoesn't fit

KUAISHOU on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit KUAISHOUUSDTlong0.0000%8h3.9800long leg$138K$34K25x
Gate KUAISHOU_USDT0.0000%8h3.9780−0.050%$459K$28K25xas long as short
HTX KUAISHOU-USDT0.0000%4h4.0000+0.503%$11K$2K10xas long as short
KuCoin KUAISHOUUSDTMshort+0.0100%4h3.98000.000%$18K$1.6M20x
Bitget KUAISHOUUSDT+0.0160%8h3.9820+0.050%$398K$152K5xas long as short
Binance KUAISHOUUSDT+0.0259%4h3.9818+0.046%$2.0M$681K20xas long as short
Aster KUAISHOUUSDT+0.0268%8h3.9766−0.086%$42K$9K20xas long as short
edgeX KUAISHOUUSDC+0.0937%4h3.9802+0.006%$13K$188K10xas long as short