Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against Bybit−0.195%7-day average −0.130% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,271as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,285as in the Price arb table
costs, in and out, $10k−$1,27912.787% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 7 days+0.088%+$9 · spread now −0.195%, 7d avg −0.130%
=Funding pays, the price is against you. KuCoin is 0.065% cheaper against Bybit than usual: you would sell low and buy high (spread −0.195% now, against its 7-day average of −0.130%). If the spread goes back, that is −$6 on $10k: about 2.2 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.079% in total) that is about 5.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TTWOUSDT | 210.16 | 0 | get 0.0000% / 8h | 4h 12m | $1.8M | $215K | 25x |
| Short | KuCoin TTWOUSDTM | 209.75 | 0.0100 | get 0.0100% / 8h | 4h 12m | $94K | $1.0M | 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: −0.195% → −0.130%
- −$6.48
- Slippage, 4 orders
- −$1,255.66
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,264.15
- Costs to cover
- 12.787%
- Break-even
- 428.4 days
Slippage from Bybit: live order book, 4 min ago; KuCoin: 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 Bybit live order book, 4 min ago | 5.23 bp | 28.0 bp −$28 | 81.4 bp −$814 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 7.86 bp | 425.3 bp −$425 | doesn't fit | doesn't fit | doesn't fit |
TTWO on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TTWOUSDTlong | 0.0000% | 8h | 210.16 | long leg | $1.8M | $215K | 25x | |
| OKX TTWO-USDT-SWAP | 0.0000% | 8h | 210.21 | +0.024% | $326K | $90K | 25x | as long as short |
| Gate TTWO_USDT | 0.0000% | 8h | 210.20 | +0.019% | $714K | $13K | 20x | as long as short |
| Bitget TTWOUSDT | 0.0000% | 8h | 209.98 | −0.086% | $892K | $90K | 20x | as long as short |
| QFEX TTWO-USD | +0.0024% | 1h | 209.82 | −0.162% | $1.2M | $3.0M | 10x | as long as short |
| Lighter TTWO | +0.0032% | 1h | 209.66 | −0.238% | — | — | 5x | as long as short |
| Extended TTWO-USD | +0.0040% | 1h | 209.89 | −0.128% | $75K | $2K | 10x | as long as short |
| Ondo Perps TTWO-USD.P | +0.0050% | 1h | 210.00 | −0.076% | $332K | $204K | 10x | as long as short |
| Variational Omni TTWO | +0.0053% | 8h | 210.03 | −0.064% | $80K | $55K | — | as long as short |
| KuCoin TTWOUSDTMshort | +0.0100% | 8h | 209.75 | −0.195% | $94K | $1.0M | 20x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX TTWO-USDT | +0.0100% | 8h | 210.14 | −0.010% | $3K | $38K | 10x | as long as short |
| Binance TTWOUSDT | +0.0131% | 8h | 210.07 | −0.043% | $2.3M | $904K | 25x | as long as short |
| Paragon para:TTWO | +0.7259% | 1h | 211.12 | +0.457% | $1.1M | $149K | 10x | as long as short |
Bybit TTWOUSDT
KuCoin TTWOUSDTM
OKX TTWO-USDT-SWAP
Gate TTWO_USDT
Bitget TTWOUSDT
Lighter TTWO
Extended TTWO-USD
Variational Omni TTWO
HTX TTWO-USDT
Binance TTWOUSDT
Paragon para:TTWO