Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bybit−0.087%7-day average −0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$576as in the Funding arb table
Net, price: spread back to 7d avg − costs−$600as in the Price arb table
costs, in and out, $10k−$6036.031% of the position
Funding, last 7 days+0.268%+$27 on $10k
+Price spread, last 4 days (all we have)+0.179%+$18 · spread now −0.087%, 7d avg −0.123%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.036% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.123%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LRCXUSDT | 299.77 | 0 | get 0.0000% / 8h | 35m 33s | $282K | $427K | 25x |
| Short | KuCoin LRCXUSDTM | 299.51 | 0.0100 | get 0.0100% / 8h | 35m 33s | $178K | $590K | 20x |
Bybit LRCXUSDT
KuCoin LRCXUSDTMFunding 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: −0.087% → −0.123%
- $3.62
- Slippage, 4 orders
- −$580.13
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$578.51
- Costs to cover
- 6.031%
- Break-even
- 199.8 days
Slippage from Bybit: live order book, 59 min ago; KuCoin: live order book, 19 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 | 13.38 bp | 42.2 bp −$42 | 214.6 bp −$2,146 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 19 min ago | 20.23 bp | 198.6 bp −$199 | doesn't fit | doesn't fit | doesn't fit |
LRCX on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX LRCX-USD | −0.0006% | 1h | 299.66 | −0.037% | $1.1M | $2.6M | 10x | as long as short |
| Binance LRCXUSDT | 0.0000% | 8h | 299.66 | −0.036% | $798K | $2.7M | 20x | as long as short |
| Bybit LRCXUSDTlong | 0.0000% | 8h | 299.77 | long leg | $282K | $427K | 25x | |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 300.20 | +0.143% | $377K | $285K | 20x | as long as short |
| Gate LRCX_USDT | 0.0000% | 8h | 299.70 | −0.023% | $240K | $473K | 20x | as long as short |
| Bitget LRCXUSDT | 0.0000% | 8h | 300.23 | +0.153% | $313K | $192K | 20x | as long as short |
| BloFin LRCX-USDT | +0.0020% | 8h | 299.90 | +0.043% | $63K | $34K | 20x | as long as short |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 299.62 | −0.050% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 299.67 | −0.033% | — | $4K | 10x | as long as short |
| Paragon para:LRCX | +0.0060% | 1h | 299.42 | −0.117% | $110K | $210K | 10x | as long as short |
QFEX LRCX-USD
Binance LRCXUSDT
OKX LRCX-USDT-SWAP
Gate LRCX_USDT
Bitget LRCXUSDT
BloFin LRCX-USDT
Extended LRCX_24_5-USD
Vest LRCX-USD-PERP
Paragon para:LRCXShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LRCXUSDTMshort | +0.0100% | 8h | 299.51 | −0.087% | $178K | $590K | 20x | |
| HTX LRCX-USDT | +0.0100% | 8h | 299.96 | +0.063% | $9K | $358K | 10x | as long as short |
HTX LRCX-USDT