Funding you earn now, next payment 08:00 UTC+0.0339%/8h= +37.1% APRnext payment +$3.39 per $10,000 · paid last 24h +0.070%
Price spread now: KuCoin against Bybit−0.032%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,098as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,132as in the Price arb table
costs, in and out, $10k−$1,13511.355% of the position
Funding, last 7 days+0.378%+$38 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now −0.032%, 7d avg −0.071%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and KuCoin is 0.040% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit VRTUSDT | 251.07 | 0.0419 | pay 0.0419% / 8h | 2h 51m | $449K | $122K | 25x |
| Short | KuCoin VRTUSDTM | 250.99 | 0.0758 | get 0.0758% / 8h | 2h 51m | $111K | $25K | 20x |
Bybit VRTUSDT
KuCoin VRTUSDTMFunding 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
- $71.13
- Price spread: −0.032% → −0.071%
- $3.96
- Slippage, 4 orders
- −$1,112.46
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,060.38
- Costs to cover
- 11.355%
- Break-even
- 111.4 days
Slippage from Bybit: live order book, 53 min ago; KuCoin: live order book, 72 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, 53 min ago | 4.76 bp | 82.6 bp −$83 | 216.9 bp −$2,169 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 72 min ago | 16.41 bp | 209.0 bp −$209 | doesn't fit | doesn't fit | doesn't fit |
VRT on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate VRT_USDT | 0.0000% | 8h | 251.30 | +0.092% | $142K | $18K | 20x | as long as short |
| Bitget VRTUSDT | 0.0000% | 8h | 250.88 | −0.076% | $484K | $154K | 20x | as long as short |
| SunX VRT-USDT | 0.0000% | 8h | 250.66 | −0.163% | $609 | $460K | 10x | as long as short |
| HTX VRT-USDT | 0.0000% | 8h | 250.85 | −0.088% | $8K | $42K | 10x | as long as short |
| Injective VRT/USDC PERP | +0.0033% | 1h | 249.42 | −0.657% | $9K | $50 | 12x | as long as short |
| OKX VRT-USDT-SWAP | +0.0348% | 8h | 250.80 | −0.108% | $269K | $161K | 20x | as long as short |
| Bybit VRTUSDTlong | +0.0419% | 8h | 251.07 | long leg | $449K | $122K | 25x | |
| KuCoin VRTUSDTMshort | +0.0758% | 8h | 250.99 | −0.032% | $111K | $25K | 20x | |
| Binance VRTUSDT | +0.0840% | 8h | 250.80 | −0.107% | $1.1M | $1.0M | 25x | as long as short |
Gate VRT_USDT
Bitget VRTUSDT
SunX VRT-USDT
HTX VRT-USDT
Injective VRT/USDC PERP
OKX VRT-USDT-SWAP
Binance VRTUSDT