Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.047%
Price spread now: Bybit against KuCoin−0.065%7-day average +0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$676as in the Funding arb table
Net, price: spread back to 7d avg − costs−$718as in the Price arb table
costs, in and out, $10k−$6996.985% of the position
Funding, last 7 days+0.221%+$22 on $10k
+Price spread, last 4 days (all we have)+0.109%+$11 · spread now −0.065%, 7d avg +0.126%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.191% cheaper against KuCoin than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.126%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.221%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RIVNUSDTM | 15.370 | 0.0100 | pay 0.0100% / 8h | 16m 35s | $109K | $225K | 20x |
| Short | Bybit RIVNUSDT | 15.360 | 0 | get 0.0000% / 8h | 16m 35s | $110K | $19K | 25x |
KuCoin RIVNUSDTM
Bybit RIVNUSDTFunding 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: −0.065% → +0.126%
- −$19.13
- Slippage, 4 orders
- −$675.54
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$738.67
- Costs to cover
- 6.985%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 15 min ago; Bybit: live order book, 3 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, 15 min ago | 3.25 bp | 335.8 bp −$336 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 9.76 bp | 80.3 bp −$80 | 232.9 bp −$2,329 | doesn't fit | doesn't fit |
RIVN 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster RIVNUSDT | 0.0000% | 8h | 15.358 | −0.075% | $9K | $675 | 20x | as long as short |
| Binance RIVNUSDT | 0.0000% | 8h | 15.360 | −0.065% | $396K | $337K | 20x | as long as short |
| Bybit RIVNUSDTshort | 0.0000% | 8h | 15.360 | −0.065% | $110K | $19K | 25x | |
| OKX RIVN-USDT-SWAP | 0.0000% | 8h | 15.370 | 0.000% | $149K | $55K | 20x | as long as short |
| Gate RIVN_USDT | 0.0000% | 8h | 15.360 | −0.065% | $336K | $7K | 20x | as long as short |
| Variational Omni RIVN | 0.0000% | 8h | 15.365 | −0.033% | $70K | $16K | — | as long as short |
| SunX RIVN-USDT | 0.0000% | 8h | 15.360 | −0.065% | $1K | $731K | 10x | as long as short |
| HTX RIVN-USDT | 0.0000% | 8h | 15.410 | +0.260% | $5K | $3K | 10x | as long as short |
| Injective RIVN/USDC PERP | +0.0033% | 1h | 15.430 | +0.390% | $23K | $28K | 5.5x | as long as short |
| Vest RIVN-USD-PERP | +0.0046% | 1h | 15.350 | −0.130% | — | — | 10x | as long as short |
Aster RIVNUSDT
Binance RIVNUSDT
OKX RIVN-USDT-SWAP
Gate RIVN_USDT
Variational Omni RIVN
SunX RIVN-USDT
HTX RIVN-USDT
Injective RIVN/USDC PERP
Vest RIVN-USD-PERPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:RIVN | +0.0050% | 1h | 15.357 | −0.085% | $438K | $420K | 10x | as long as short |
| KuCoin RIVNUSDTMlong | +0.0100% | 8h | 15.370 | long leg | $109K | $225K | 20x |
tradeXYZ xyz:RIVN