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: KuCoin against Bybit−0.030%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$625as in the Funding arb table
Net, price: spread back to 7d avg − costs−$648as in the Price arb table
costs, in and out, $10k−$6486.483% of the position
Funding, last 7 days+0.234%+$23 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.030%, 7d avg −0.034%
=The price spread sits at its 7-day average of −0.034%, 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 | Bybit STXXUSDT | 869.28 | 0 | get 0.0000% / 8h | 5h 45m | $254K | $136K | 25x |
| Short | KuCoin STXXUSDTM | 869.02 | 0.0100 | get 0.0100% / 8h | 5h 45m | $105K | $250K | 20x |
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 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: −0.030% → −0.034%
- $0.42
- Slippage, 4 orders
- −$625.34
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$626.92
- Costs to cover
- 6.483%
- Break-even
- 216.0 days
Slippage from Bybit: live order book, 60 min ago; KuCoin: live order book, 56 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, 60 min ago | 16.42 bp | 60.8 bp −$61 | 280.4 bp −$2,804 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 56 min ago | 14.67 bp | 262.4 bp −$262 | doesn't fit | doesn't fit | doesn't fit |
STXX on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni STXX | −0.0078% | 8h | 869.50 | +0.026% | $115K | $5K | — | as long as short |
| BloFin STXX-USDT | −0.0043% | 8h | 869.69 | +0.047% | $27K | $79K | 20x | as long as short |
| Aster STXXUSDT | 0.0000% | 8h | 868.55 | −0.084% | $18K | $30K | 20x | as long as short |
| Extended STXX-USD | 0.0000% | 1h | 868.69 | −0.067% | $43K | $240K | 10x | as long as short |
| Binance STXXUSDT | 0.0000% | 8h | 869.11 | −0.020% | $1.4M | $4.1M | 20x | as long as short |
| Bybit STXXUSDTlong | 0.0000% | 8h | 869.28 | long leg | $254K | $136K | 25x | |
| GRVT STXX_USDT_Perp | 0.0000% | 8h | 869.61 | +0.038% | $287 | $125K | 10x | as long as short |
| KuCoin STXXUSDTMshort | +0.0100% | 8h | 869.02 | −0.030% | $105K | $250K | 20x | |
| HTX STXX-USDT | +0.0100% | 8h | 869.90 | +0.071% | $10K | $35K | 10x | as long as short |
Bybit STXXUSDT
KuCoin STXXUSDTM
Variational Omni STXX
BloFin STXX-USDT
Aster STXXUSDT
Extended STXX-USD
Binance STXXUSDT
GRVT STXX_USDT_Perp
HTX STXX-USDT