Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against KuCoin+0.027%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$879as in the Funding arb table
Net, price: spread back to 7d avg − costs−$857as in the Price arb table
costs, in and out, $10k−$8588.579% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.027%, 7d avg +0.015%
=The price spread sits at its 7-day average of +0.015%, 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 ONDSUSDTM | 7.3100 | 0.0100 | pay 0.0100% / 8h | 7h 44m | $78K | $459K | 20x |
| Short | Bybit ONDSUSDT | 7.3120 | 0 | get 0.0000% / 8h | 7h 44m | $503K | $168K | 25x |
KuCoin ONDSUSDTM
Bybit ONDSUSDTFunding 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: +0.027% → +0.015%
- $1.28
- Slippage, 4 orders
- −$834.88
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$877.6
- Costs to cover
- 8.579%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 50 min ago; Bybit: live order book, 46 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, 50 min ago | 6.80 bp | 432.9 bp −$433 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 46 min ago | 4.09 bp | 33.4 bp −$33 | 125.7 bp −$1,257 | doesn't fit | doesn't fit |
ONDS on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ONDSUSDT | 0.0000% | 8h | 7.3226 | +0.172% | $2K | $5K | 20x | as long as short |
| Binance ONDSUSDT | 0.0000% | 8h | 7.3162 | +0.085% | $1.5M | $1.4M | 20x | as long as short |
| Bybit ONDSUSDTshort | 0.0000% | 8h | 7.3120 | +0.027% | $503K | $168K | 25x | |
| OKX ONDS-USDT-SWAP | 0.0000% | 8h | 7.3100 | 0.000% | $185K | $129K | 10x | as long as short |
| Gate ONDS_USDT | 0.0000% | 8h | 7.3140 | +0.055% | $365K | $183K | 20x | as long as short |
| Bitget ONDSUSDT | 0.0000% | 8h | 7.3120 | +0.027% | $881K | $418K | 20x | as long as short |
| GRVT ONDS_USDT_Perp | 0.0000% | 8h | 7.3113 | +0.018% | $2K | $153K | 10x | as long as short |
| SunX ONDS-USDT | 0.0000% | 8h | 7.3100 | 0.000% | $526 | $449K | 10x | as long as short |
| HTX ONDS-USDT | 0.0000% | 8h | 7.2900 | −0.274% | $5K | $1K | 10x | as long as short |
| Vest ONDS-USD-PERP | +0.0046% | 1h | 7.3200 | +0.137% | — | — | 5x | as long as short |
Aster ONDSUSDT
Binance ONDSUSDT
OKX ONDS-USDT-SWAP
Gate ONDS_USDT
Bitget ONDSUSDT
GRVT ONDS_USDT_Perp
SunX ONDS-USDT
HTX ONDS-USDT
Vest ONDS-USD-PERPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ONDSUSDTMlong | +0.0100% | 8h | 7.3100 | long leg | $78K | $459K | 20x |