Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.149%
Price spread now: KuCoin against Bybit−0.104%7-day average −0.340% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.211%−$21 on $10k
+Price spread, last 4 days (all we have)−0.281%−$28 · spread now −0.104%, 7d avg −0.340%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.236% dearer against Bybit than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.340%. Mind the row above: over the last 7 days funding on this pair cost −0.211%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MCDUSDT | 249.02 | 0 | get 0.0000% / 8h | 19m 40s | $592K | $9.5M | 25x |
| Short | KuCoin MCDUSDTM | 248.76 | 0.0100 | get 0.0100% / 8h | 19m 40s | $99K | $200K | 10x |
Bybit MCDUSDT
KuCoin MCDUSDTMFunding 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: −0.104% → −0.340%
- $23.57
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $21.57
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 3 min ago; KuCoin: live order book, 11 min ago. Net counts fees only.
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, 3 min ago | 2.61 bp | 84.2 bp −$84 | 214.8 bp −$2,148 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 11 min ago | 17.28 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
MCD on 4 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 MCDUSDTlong | 0.0000% | 8h | 249.02 | long leg | $592K | $9.5M | 25x | |
| Gate MCD_USDT | 0.0000% | 8h | 249.14 | +0.048% | $677K | $185K | 25x | as long as short |
| Bitget MCDUSDT | 0.0000% | 8h | 248.78 | −0.096% | $2.4M | $496K | 20x | as long as short |
| KuCoin MCDUSDTMshort | +0.0100% | 8h | 248.76 | −0.104% | $99K | $200K | 10x |
Gate MCD_USDT
Bitget MCDUSDT