Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.44 per $10,000 · paid last 24h +0.020%
Price spread now: KuCoin against Bybit+0.025%7-day average −0.070% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.158%+$16 on $10k
+Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.025%, 7d avg −0.070%
=The price spread pays, funding is against you. KuCoin is 0.095% dearer against Bybit than usual: you sell high and buy low (spread +0.025% now, against its 7-day average of −0.070%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.2 days. Mind the row above: over the last 7 days funding on this pair paid +0.158%, 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 | Bybit TQQQUSDT | 78.990 | 0 | get 0.0000% / 8h | 1h 52m | $2.5M | $7.0M | 25x |
| Short | KuCoin TQQQUSDTM | 79.010 | −0.0044 | pay 0.0044% / 8h | 1h 52m | $181K | $549K | 10x |
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
- −$9.24
- Price spread: +0.025% → −0.070%
- $9.52
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$22.72
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; KuCoin: live order book, 37 min ago. Net counts fees only.
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, 5 min ago | 1.26 bp | 11.0 bp −$11 | 37.1 bp −$371 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 37 min ago | 6.97 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
TQQQ 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TQQQUSDTMshort | −0.0044% | 8h | 79.010 | +0.025% | $181K | $549K | 10x | |
| Aster TQQQUSDT | 0.0000% | 8h | 79.023 | +0.042% | $70K | $146K | 20x | as long as short |
| Binance TQQQUSDT | 0.0000% | 8h | 78.950 | −0.051% | $18.1M | $49.9M | 20x | as long as short |
| Bybit TQQQUSDTlong | 0.0000% | 8h | 78.990 | long leg | $2.5M | $7.0M | 25x | |
| OKX TQQQ-USDT-SWAP | 0.0000% | 8h | 78.980 | −0.013% | $2.1M | $6.0M | 10x | as long as short |
| MEXC TQQQ_USDT | 0.0000% | 8h | 78.980 | −0.013% | $1.5M | $225K | 20x | as long as short |
| Bitget TQQQUSDT | 0.0000% | 8h | 78.980 | −0.013% | $7.6M | $2.9M | 20x | as long as short |
| GRVT TQQQ_USDT_Perp | 0.0000% | 8h | 79.000 | +0.013% | $2K | $107K | 10x | as long as short |
| HTX TQQQ-USDT | 0.0000% | 8h | 78.980 | −0.013% | $14K | $16K | 10x | as long as short |
| BloFin TQQQ-USDT | +0.0008% | 8h | 78.980 | −0.013% | $146K | $32K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TQQQ_USDC_mythos | +0.0100% | 8h | 78.990 | 0.000% | $5 | — | 10x | as long as short |
Bybit TQQQUSDT
KuCoin TQQQUSDTM
Aster TQQQUSDT
Binance TQQQUSDT
OKX TQQQ-USDT-SWAP
MEXC TQQQ_USDT
Bitget TQQQUSDT
GRVT TQQQ_USDT_Perp
HTX TQQQ-USDT
BloFin TQQQ-USDT