Funding you earn now, next payment 08:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.49 per $10,000 · paid last 24h −0.116%
Price spread now: KuCoin against Bybit−0.144%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,125as in the Price arb table
costs, in and out, $10k−$1,11611.160% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.144%, 7d avg −0.052%
=Funding pays, the price is against you. KuCoin is 0.092% cheaper against Bybit than usual: you would sell low and buy high (spread −0.144% now, against its 7-day average of −0.052%). If the spread goes back, that is −$9 on $10k: about 6.2 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.084%, 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 | Bybit VUSDT | 368.66 | 0 | get 0.0000% / 8h | 3h 24m | $127K | $10K | 25x |
| Short | KuCoin VUSDTM | 368.13 | 0.0049 | get 0.0049% / 8h | 3h 24m | $291K | $800K | 20x |
Bybit VUSDT
KuCoin VUSDTMFunding 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
- $10.29
- Price spread: −0.144% → −0.052%
- −$9.17
- Slippage, 4 orders
- −$1,093.05
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,114.93
- Costs to cover
- 11.160%
- Break-even
- 765.5 days
Slippage from Bybit: live order book, 10 min ago; KuCoin: live order book, 55 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, 10 min ago | 16.82 bp | 136.4 bp −$136 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 55 min ago | 45.54 bp | 548.1 bp −$548 | doesn't fit | doesn't fit | doesn't fit |
V 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective V/USDC PERP | −0.0220% | 1h | 331.39 | −10.110% | $16K | $30K | 12x | as long as short |
| Aster VUSDT | 0.0000% | 8h | 369.14 | +0.130% | $17K | $6K | 20x | as long as short |
| Binance VUSDT | 0.0000% | 8h | 368.74 | +0.021% | $596K | $269K | 20x | as long as short |
| Bybit VUSDTlong | 0.0000% | 8h | 368.66 | long leg | $127K | $10K | 25x | |
| Gate V_USDT | 0.0000% | 8h | 368.90 | +0.065% | $190K | $5K | 20x | as long as short |
| Bitget VUSDT | 0.0000% | 8h | 369.45 | +0.214% | $122K | $11K | 20x | as long as short |
| SunX V-USDT | 0.0000% | 8h | 368.63 | −0.008% | $1K | $620K | 10x | as long as short |
| HTX V-USDT | 0.0000% | 8h | 369.10 | +0.119% | $6K | $32K | 20x | as long as short |
| KuCoin VUSDTMshort | +0.0049% | 8h | 368.13 | −0.144% | $291K | $800K | 20x | |
| GRVT V_USDT_Perp | +0.0049% | 8h | 368.99 | +0.089% | $11K | $156K | 10x | as long as short |
Injective V/USDC PERP
Aster VUSDT
Binance VUSDT
Gate V_USDT
Bitget VUSDT
SunX V-USDT
HTX V-USDT
GRVT V_USDT_PerpShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX VUSDC | +0.0413% | 4h | 369.02 | +0.098% | $192K | $179K | 10x | as long as short |
edgeX VUSDC