Funding you earn now, next payment 08:00 UTC+0.0129%/8h= +14.1% APRnext payment +$1.29 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin+0.282%7-day average +0.165% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,386as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,357as in the Price arb table
costs, in and out, $10k−$1,36813.684% of the position
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 4 days (all we have)−0.117%−$12 · spread now +0.282%, 7d avg +0.165%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.116% dearer against KuCoin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.165%. Mind the row above: over the last 7 days funding on this pair cost −0.180%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin UBERUSDTM | 71.000 | 0.0100 | pay 0.0100% / 8h | 40m 02s | $169K | $508K | 20x |
| Short | Bybit UBERUSDT | 71.200 | 0.0229 | get 0.0229% / 8h | 40m 02s | $377K | $94K | 25x |
KuCoin UBERUSDTM
Bybit UBERUSDTFunding 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
- $26.99
- Price spread: +0.282% → +0.165%
- $11.62
- Slippage, 4 orders
- −$1,345.4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,329.79
- Costs to cover
- 13.684%
- Break-even
- 351.8 days
Slippage from KuCoin: live order book, 64 min ago; Bybit: live order book, 54 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, 64 min ago | 7.02 bp | 557.3 bp −$557 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 54 min ago | 5.61 bp | 31.0 bp −$31 | 396.2 bp −$3,962 | 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 | 70.340 | −0.930% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.583 | +0.821% | $93K | $11K | 20x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.130 | +0.183% | $369K | $249K | 20x | as long as short |
| Bitget UBERUSDT | 0.0000% | 8h | 71.150 | +0.211% | $459K | $140K | 20x | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.090 | +0.127% | $1K | $2.0M | 10x | as long as short |
| Variational Omni UBER | +0.0048% | 8h | 71.125 | +0.176% | $442K | $23K | — | as long as short |
| QFEX UBER-USD | +0.0067% | 1h | 71.090 | +0.127% | $1.1M | $1.1M | 10x | as long as short |
| KuCoin UBERUSDTMlong | +0.0100% | 8h | 71.000 | long leg | $169K | $508K | 20x | |
| Binance UBERUSDT | +0.0145% | 8h | 71.120 | +0.169% | $2.4M | $694K | 20x | as long as short |
| Bybit UBERUSDTshort | +0.0229% | 8h | 71.200 | +0.282% | $377K | $94K | 25x |
Injective UBER/USDC PERP
Aster UBERUSDT
Gate UBER_USDT
Bitget UBERUSDT
SunX UBER-USDT
Variational Omni UBER
QFEX UBER-USD
Binance UBERUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UBER_USDT_Perp | +0.0288% | 8h | 71.114 | +0.161% | $337 | $209K | 10x | as long as short |
| HTX UBER-USDT | +0.1516% | 8h | 71.640 | +0.901% | $48K | $34K | 20x | as long as short |
GRVT UBER_USDT_Perp
HTX UBER-USDT