Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.024%
Price spread now: KuCoin against Bybit−0.014%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$363as in the Funding arb table
Net, price: spread back to 7d avg − costs−$361as in the Price arb table
costs, in and out, $10k−$3633.633% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)+0.292%+$29 · spread now −0.014%, 7d avg −0.032%
=The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WDCUSDT | 440.23 | 0 | get 0.0000% / 8h | 7h 37m | $1.9M | $712K | 25x |
| Short | KuCoin WDCUSDTM | 440.17 | 0.0100 | get 0.0100% / 8h | 7h 37m | $271K | $88K | 20x |
Bybit WDCUSDT
KuCoin WDCUSDTMFunding 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: −0.014% → −0.032%
- $1.83
- Slippage, 4 orders
- −$340.33
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$340.49
- Costs to cover
- 3.633%
- Break-even
- 120.5 days
Slippage from Bybit: live order book, 4 min ago; KuCoin: 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 Bybit live order book, 4 min ago | 0.68 bp | 76.9 bp −$77 | 168.9 bp −$1,689 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 54 min ago | 17.15 bp | 127.9 bp −$128 | doesn't fit | doesn't fit | doesn't fit |
WDC on 17 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 WDCUSDT | −0.0321% | 8h | 440.44 | +0.048% | $1.1M | $1.1M | 20x | as long as short |
| BloFin WDC-USDT | −0.0025% | 8h | 440.92 | +0.157% | $139K | $95K | 20x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 440.35 | +0.027% | $10K | $136K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 440.19 | −0.008% | $2K | $188K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 440.40 | +0.039% | $7.3M | $25.8M | 20x | as long as short |
| Bybit WDCUSDTlong | 0.0000% | 8h | 440.23 | long leg | $1.9M | $712K | 25x | |
| OKX WDC-USDT-SWAP | 0.0000% | 8h | 440.80 | +0.129% | $2.0M | $4.3M | 20x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 440.50 | +0.061% | $1.9M | $2.4M | 50x | as long as short |
| GRVT WDC_USDT_Perp | 0.0000% | 8h | 441.40 | +0.266% | $516 | $143K | 10x | as long as short |
| QFEX WDC-USD | +0.0028% | 1h | 440.77 | +0.123% | $1.1M | $3.0M | 10x | as long as short |
Bitget WDCUSDT
BloFin WDC-USDT
Aster WDCUSDT
Extended WDC-USD
Binance WDCUSDT
OKX WDC-USDT-SWAP
Gate WDC_USDT
GRVT WDC_USDT_Perp
QFEX WDC-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter WDC | +0.0032% | 1h | 439.80 | −0.098% | — | — | 10x | as long as short |
| tradeXYZ xyz:WDC | +0.0050% | 1h | 440.02 | −0.048% | $2.3M | $2.1M | 10x | as long as short |
| KuCoin WDCUSDTMshort | +0.0100% | 8h | 440.17 | −0.014% | $271K | $88K | 20x | |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 440.38 | +0.034% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 440.80 | +0.129% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 441.30 | +0.243% | $33K | $9K | 20x | as long as short |
| edgeX WDCUSDC | +0.0853% | 4h | 441.02 | +0.178% | $49K | $229K | 10x | as long as short |
Lighter WDC
tradeXYZ xyz:WDC
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT
edgeX WDCUSDC