Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit−0.197%7-day average −0.162% · you buy dearer than you sell
Net, funding: paid 7d − costs−$933as in the Funding arb table
Net, price: spread back to 7d avg − costs−$954as in the Price arb table
costs, in and out, $10k−$9519.508% of the position
Funding, last 7 days+0.180%+$18 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.197%, 7d avg −0.162%
=Funding pays, the price is against you. KuCoin is 0.034% cheaper against Bybit than usual: you would sell low and buy high (spread −0.197% now, against its 7-day average of −0.162%). If the spread goes back, that is −$3 on $10k: about 27 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit UBERUSDT | 71.220 | 0 | get 0.0000% / 8h | 25m 16s | $335K | $80K | 25x |
| Short | KuCoin UBERUSDTM | 71.080 | 0.0100 | get 0.0100% / 8h | 25m 16s | $167K | $732K | 20x |
Bybit UBERUSDT
KuCoin UBERUSDTMFunding 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: −0.197% → −0.162%
- −$3.41
- Slippage, 4 orders
- −$927.81
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$933.22
- Costs to cover
- 9.508%
- Break-even
- 318.1 days
Slippage from Bybit: live order book, 44 min ago; KuCoin: live order book, 39 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, 44 min ago | 4.21 bp | 24.8 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 39 min ago | 18.30 bp | 381.1 bp −$381 | doesn't fit | doesn't fit | doesn't fit |
UBER 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective UBER/USDC PERP | −0.0220% | 1h | 70.430 | −1.109% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.233 | +0.018% | $93K | $11K | 20x | as long as short |
| Bybit UBERUSDTlong | 0.0000% | 8h | 71.220 | long leg | $335K | $80K | 25x | |
| Gate UBER_USDT | 0.0000% | 8h | 71.210 | −0.014% | $367K | $266K | 20x | as long as short |
| Bitget UBERUSDT | 0.0000% | 8h | 71.140 | −0.112% | $409K | $67K | 20x | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.140 | −0.112% | $2K | $2.1M | 10x | as long as short |
| QFEX UBER-USD | +0.0080% | 1h | 71.150 | −0.098% | $1.1M | $1.1M | 10x | as long as short |
| Variational Omni UBER | +0.0099% | 8h | 71.180 | −0.056% | $442K | $23K | — | as long as short |
| KuCoin UBERUSDTMshort | +0.0100% | 8h | 71.080 | −0.197% | $167K | $732K | 20x | |
| Binance UBERUSDT | +0.0280% | 8h | 71.160 | −0.084% | $2.3M | $630K | 20x | as long as short |
Injective UBER/USDC PERP
Aster UBERUSDT
Gate UBER_USDT
Bitget UBERUSDT
SunX UBER-USDT
QFEX UBER-USD
Variational Omni UBER
Binance UBERUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UBER_USDT_Perp | +0.0642% | 8h | 71.179 | −0.057% | $785 | $213K | 10x | as long as short |
| HTX UBER-USDT | +0.1293% | 8h | 71.620 | +0.562% | $48K | $34K | 20x | as long as short |
GRVT UBER_USDT_Perp
HTX UBER-USDT