Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against KuCoin+0.080%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$506as in the Funding arb table
Net, price: spread back to 7d avg − costs−$477as in the Price arb table
costs, in and out, $10k−$4824.824% of the position
Funding, last 7 days−0.234%−$23 on $10k
+Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.080%, 7d avg +0.029%
=The price spread pays, funding is against you. Bybit is 0.051% dearer against KuCoin than usual: you sell high and buy low (spread +0.080% now, against its 7-day average of +0.029%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin STXXUSDTM | 864.57 | 0.0100 | pay 0.0100% / 8h | 1h 23m | $102K | $94K | 20x |
| Short | Bybit STXXUSDT | 865.26 | 0 | get 0.0000% / 8h | 1h 23m | $249K | $1.2M | 25x |
KuCoin STXXUSDTM
Bybit STXXUSDTFunding 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: +0.080% → +0.029%
- $5.08
- Slippage, 4 orders
- −$459.41
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$498.32
- Costs to cover
- 4.824%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; Bybit: live order book, 2 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, 10 min ago | 12.92 bp | 118.4 bp −$118 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 10.41 bp | 64.9 bp −$65 | 279.7 bp −$2,797 | doesn't fit | doesn't fit |
STXX on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT STXX_USDT_Perp | −0.0103% | 8h | 863.69 | −0.102% | $786 | $131K | 10x | as long as short |
| BloFin STXX-USDT | −0.0005% | 8h | 864.59 | +0.002% | $26K | $75K | 20x | as long as short |
| Aster STXXUSDT | 0.0000% | 8h | 866.06 | +0.172% | $18K | $30K | 20x | as long as short |
| Extended STXX-USD | 0.0000% | 1h | 865.38 | +0.093% | $47K | $192K | 10x | as long as short |
| Binance STXXUSDT | 0.0000% | 8h | 865.59 | +0.118% | $1.4M | $3.7M | 20x | as long as short |
| Bybit STXXUSDTshort | 0.0000% | 8h | 865.26 | +0.080% | $249K | $1.2M | 25x | |
| Variational Omni STXX | 0.0000% | 8h | 864.64 | +0.009% | $115K | $411 | — | as long as short |
| KuCoin STXXUSDTMlong | +0.0100% | 8h | 864.57 | long leg | $102K | $94K | 20x | |
| HTX STXX-USDT | +0.0100% | 8h | 864.63 | +0.007% | $10K | $35K | 10x | as long as short |
GRVT STXX_USDT_Perp
BloFin STXX-USDT
Aster STXXUSDT
Extended STXX-USD
Binance STXXUSDT
Variational Omni STXX
HTX STXX-USDT