Funding you earn now, next payment 08:00 UTC−0.0543%/8h= −59.5% APRnext payment −$5.43 per $10,000 · paid last 24h −0.112%
Price spread now: Bybit against KuCoin+0.081%7-day average +0.149% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.253%−$25 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now +0.081%, 7d avg +0.149%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Bybit is 0.067% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.149%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.253% in total (about -13.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.43 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XOMUSDTM | 159.58 | 0.0543 | pay 0.0543% / 8h | 2h 11m | $42K | $331K | 10x |
| Short | Bybit XOMUSDT | 159.71 | 0 | get 0.0000% / 8h | 2h 11m | $220K | $20.2M | 50x |
KuCoin XOMUSDTM
Bybit XOMUSDTFunding 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
- −$114.03
- Price spread: +0.081% → +0.149%
- −$6.71
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$143.74
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 38 min ago; Bybit: live order book, 2 min ago. Net counts fees only.
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, 38 min ago | 36.50 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 4.07 bp | 69.9 bp −$70 | 229.5 bp −$2,295 | doesn't fit | doesn't fit |
XOM on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XOMUSDTshort | 0.0000% | 8h | 159.71 | +0.081% | $220K | $20.2M | 50x | |
| OKX XOM-USDT-SWAP | 0.0000% | 8h | 159.60 | +0.013% | $71K | $194K | 20x | as long as short |
| Gate XOM_USDT | 0.0000% | 8h | 159.51 | −0.044% | $106K | $10K | 20x | as long as short |
| Bitget XOMUSDT | 0.0000% | 8h | 159.03 | −0.345% | $282K | $178K | 50x | as long as short |
| QFEX XOM-USD | +0.0002% | 1h | 159.18 | −0.251% | $1.1M | $1.7M | 10x | as long as short |
| BloFin XOM-USDT | +0.0029% | 8h | 159.60 | +0.013% | $49K | $18K | 20x | as long as short |
| HTX XOM-USDT | +0.0100% | 8h | 159.24 | −0.213% | $234 | $327K | 20x | as long as short |
| KuCoin XOMUSDTMlong | +0.0543% | 8h | 159.58 | long leg | $42K | $331K | 10x |
OKX XOM-USDT-SWAP
Gate XOM_USDT
Bitget XOMUSDT
QFEX XOM-USD
BloFin XOM-USDT
HTX XOM-USDT