Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Bybit against KuCoin−0.075%7-day average +0.204% · you buy dearer than you sell
Net, funding: paid 7d − costs−$340as in the Funding arb table
Net, price: spread back to 7d avg − costs−$355as in the Price arb table
costs, in and out, $10k−$3273.274% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 4 days (all we have)+0.324%+$32 · spread now −0.075%, 7d avg +0.204%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.280% cheaper against KuCoin than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of +0.204%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KUAISHOUUSDTM | 3.9930 | 0.0100 | pay 0.0050% / 4h | 2h 24m | $19K | $1.6M | 20x |
| Short | Bybit KUAISHOUUSDT | 3.9900 | 0 | get 0.0000% / 8h | 2h 24m | $143K | $32K | 25x |
KuCoin KUAISHOUUSDTM
Bybit KUAISHOUUSDTFunding 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: −0.075% → +0.204%
- −$27.95
- Slippage, 4 orders
- −$304.42
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$376.37
- Costs to cover
- 3.274%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Bybit: live order book, 6 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, 2 min ago | 12.55 bp | 50.8 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 12.48 bp | 112.5 bp −$112 | doesn't fit | doesn't fit | doesn't fit |
KUAISHOU 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit KUAISHOUUSDTshort | 0.0000% | 8h | 3.9900 | −0.075% | $143K | $32K | 25x | |
| Gate KUAISHOU_USDT | 0.0000% | 8h | 3.9910 | −0.050% | $462K | $28K | 25x | as long as short |
| Bitget KUAISHOUUSDT | 0.0000% | 8h | 3.9970 | +0.100% | $397K | $152K | 5x | as long as short |
| HTX KUAISHOU-USDT | 0.0000% | 4h | 4.0300 | +0.927% | $11K | $2K | 10x | as long as short |
| KuCoin KUAISHOUUSDTMlong | +0.0100% | 4h | 3.9930 | long leg | $19K | $1.6M | 20x | |
| edgeX KUAISHOUUSDC | +0.0172% | 4h | 3.9861 | −0.173% | $13K | $187K | 10x | as long as short |
| Aster KUAISHOUUSDT | +0.0298% | 8h | 4.0855 | +2.317% | $43K | $9K | 20x | as long as short |
| Binance KUAISHOUUSDT | +0.0451% | 4h | 3.9940 | +0.025% | $2.1M | $645K | 20x | as long as short |
Gate KUAISHOU_USDT
Bitget KUAISHOUUSDT
HTX KUAISHOU-USDT
edgeX KUAISHOUUSDC
Aster KUAISHOUUSDT
Binance KUAISHOUUSDT