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

RAM

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.1778%/8h= −194.7% APRnext payment $17.78 per $10,000 · paid last 24h −0.164%
Price spread now: KuCoin against Bybit−0.072%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.278%+$28 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$53 a day on $10k at the current rate, and KuCoin is 0.072% cheaper against Bybit than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.278%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.278% in total (about 14.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $17.78 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit RAMUSDT13.9000get 0.0000% / 8h7h 43m$172K$144K25x
ShortKuCoin RAMUSDTM13.890−0.1778pay 0.1778% / 8h7h 43m$14K$75K20x

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
−$373.38
Price spread: −0.072% → 0.000%
−$7.19
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$403.57
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 36 min ago; KuCoin: no order-book sample. Net counts fees only.

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, 36 min ago7.12 bp109.0 bp −$109doesn't fitdoesn't fitdoesn't fit
Sell KuCoin no order-book sample
KuCoin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

RAM on 10 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
BloFin RAM-USDT−0.3059%8h13.9000.000%$31K$2K20xas long as short
MEXC RAM_USDT−0.3054%8h13.890−0.072%$390K$90K20xas long as short
Binance RAMUSDT−0.3049%8h13.897−0.020%$780K$2.0M20xas long as short
KuCoin RAMUSDTMshort−0.1778%8h13.890−0.072%$14K$75K20x
OKX RAM-USDT-SWAP−0.1654%8h13.910+0.072%$321K$488K10xas long as short
Bitget RAMUSDT−0.1565%8h13.890−0.072%$216K$193K20xas long as short
Bybit RAMUSDTlong0.0000%8h13.900long leg$172K$144K25x
Gate RAM_USDT0.0000%8h13.920+0.144%$24K$4K20xas long as short
HTX RAM-USDT0.0000%8h13.885−0.108%$6K$4K10xas long as short
Phemex RAMUSDT0.0000%8h13.920+0.144%$757K$199K20xas long as short