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: KuCoin against Bybit+0.060%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$601as in the Funding arb table
Net, price: spread back to 7d avg − costs−$618as in the Price arb table
costs, in and out, $10k−$6236.231% of the position
Funding, last 7 days+0.220%+$22 on $10k
+Price spread, last 4 days (all we have)+0.088%+$9 · spread now +0.060%, 7d avg +0.011%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.048% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit USARUSDT | 16.790 | 0 | get 0.0000% / 8h | 1h 49m | $419K | $287K | 25x |
| Short | KuCoin USARUSDTM | 16.800 | 0.0100 | get 0.0100% / 8h | 1h 49m | $278K | $192K | 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: +0.060% → +0.011%
- $4.81
- Slippage, 4 orders
- −$600.13
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$597.32
- Costs to cover
- 6.231%
- Break-even
- 206.1 days
Slippage from Bybit: live order book, 50 min ago; KuCoin: live order book, 68 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, 50 min ago | 5.96 bp | 50.1 bp −$50 | 201.9 bp −$2,019 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 68 min ago | 8.89 bp | 245.8 bp −$246 | doesn't fit | doesn't fit | doesn't fit |
USAR on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget USARUSDT | −0.0024% | 8h | 16.820 | +0.179% | $332K | $3.8M | 20x | as long as short |
| Aster USARUSDT | 0.0000% | 8h | 16.793 | +0.019% | $27K | $29K | 20x | as long as short |
| Extended USAR-USD | 0.0000% | 1h | 16.786 | −0.027% | $3K | $251K | 10x | as long as short |
| Binance USARUSDT | 0.0000% | 8h | 16.790 | 0.000% | $2.4M | $5.4M | 20x | as long as short |
| Bybit USARUSDTlong | 0.0000% | 8h | 16.790 | long leg | $419K | $287K | 25x | |
| OKX USAR-USDT-SWAP | 0.0000% | 8h | 16.790 | 0.000% | $891K | $1.9M | 20x | as long as short |
| Gate USAR_USDT | 0.0000% | 8h | 16.780 | −0.060% | $495K | $468K | 20x | as long as short |
| Variational Omni USAR | 0.0000% | 8h | 16.782 | −0.046% | $59K | $8K | — | as long as short |
| GRVT USAR_USDT_Perp | 0.0000% | 8h | 16.800 | +0.060% | $1K | $229K | 10x | as long as short |
| SunX USAR-USDT | 0.0000% | 8h | 16.790 | 0.000% | $841 | $6.7M | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX USAR-USDT | 0.0000% | 8h | 16.810 | +0.119% | $8K | $8K | 20x | as long as short |
| Lighter RH USAR | +0.0032% | 1h | 16.787 | −0.018% | $266K | $545K | 10x | as long as short |
| Arcus USAR-USD | +0.0040% | 1h | 16.770 | −0.119% | $144K | $63K | 10x | as long as short |
| Vest USAR-USD-PERP | +0.0046% | 1h | 16.790 | 0.000% | — | $49 | 10x | as long as short |
| tradeXYZ xyz:USAR | +0.0050% | 1h | 16.780 | −0.060% | $2.5M | $1.1M | 10x | as long as short |
| KuCoin USARUSDTMshort | +0.0100% | 8h | 16.800 | +0.060% | $278K | $192K | 20x |
Bybit USARUSDT
KuCoin USARUSDTM
Bitget USARUSDT
Aster USARUSDT
Extended USAR-USD
Binance USARUSDT
OKX USAR-USDT-SWAP
Gate USAR_USDT
Variational Omni USAR
GRVT USAR_USDT_Perp
SunX USAR-USDT
HTX USAR-USDT
Lighter RH USAR
tradeXYZ xyz:USAR