Funding you earn now, next payment 04:00 UTC−0.0078%/8h= −8.5% APRnext payment −$0.39 per $10,000 · paid last 24h −0.013%
Price spread now: Bybit against KuCoin−0.137%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1101.105% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 7 days+0.042%+$4 · spread now −0.137%, 7d avg −0.040%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.097% cheaper against KuCoin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.040%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin 0GUSDTM | 0.2338 | 0.0178 | pay 0.0089% / 4h | 3h 49m | $2.4M | $2.5M | 50x |
| Short | Bybit 0GUSDT | 0.2335 | 0.0100 | get 0.0050% / 4h | 3h 49m | $2.3M | $2.4M | 50x |
Funding 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
- −$16.38
- Price spread: −0.137% → −0.040%
- −$9.69
- Slippage, 4 orders
- −$87.49
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$136.56
- Costs to cover
- 1.105%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; Bybit: live order book, 3 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 KuCoin live order book, 8 min ago | 3.83 bp | 31.5 bp −$31 | 356.7 bp −$3,567 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.30 bp | 28.6 bp −$29 | 188.2 bp −$1,882 | doesn't fit | doesn't fit |
0G 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX 0G-USDT | −0.0854% | 4h | 0.2336 | −0.094% | — | $6.6M | — | as long as short |
| GMX 0G/USD [WBTC.b-USDC] | L −0.0235% / S +0.0198% | 1h | 0.2334 | −0.169% | $2K | — | 100x | as long as short |
| Aster 0GUSDT | +0.0100% | 4h | 0.2336 | −0.094% | $23K | $23K | 5x | as long as short |
| Binance 0GUSDT | +0.0100% | 4h | 0.2336 | −0.094% | $6.9M | $9.1M | 50x | as long as short |
| Bybit 0GUSDTshort | +0.0100% | 4h | 0.2335 | −0.137% | $2.3M | $2.4M | 50x | |
| OKX 0G-USDT-SWAP | +0.0100% | 4h | 0.2336 | −0.094% | $879K | $2.4M | 20x | as long as short |
| Gate 0G_USDT | +0.0100% | 8h | 0.2335 | −0.137% | $605K | $167K | 50x | as long as short |
| MEXC 0G_USDT | +0.0100% | 4h | 0.2336 | −0.094% | $2.1M | $202K | 50x | as long as short |
| Bitget 0GUSDT | +0.0100% | 4h | 0.2338 | −0.009% | $1.9M | $728K | 50x | as long as short |
| Variational Omni 0G | +0.0100% | 4h | 0.2329 | −0.409% | $13K | $10K | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni 0GUSDT | +0.0100% | 1h | 0.2330 | −0.351% | $18K | $632K | 50x | as long as short |
| BloFin 0G-USDT | +0.0107% | 4h | 0.2328 | −0.436% | $326K | $9K | 50x | as long as short |
| Backpack 0G_USDC_PERP | +0.0132% | 1h | 0.2333 | −0.222% | $37K | $47K | 5x | as long as short |
| KuCoin 0GUSDTMlong | +0.0178% | 4h | 0.2338 | long leg | $2.4M | $2.5M | 50x | |
| Lighter 0G | +0.0312% | 1h | 0.2340 | +0.077% | $45K | $100K | 3x | as long as short |
| Hyperliquid 0G | +0.0347% | 1h | 0.2340 | +0.090% | $2.5M | $505K | 3x | as long as short |
KuCoin 0GUSDTM
Bybit 0GUSDT
BingX 0G-USDT
GMX 0G/USD [WBTC.b-USDC]
Aster 0GUSDT
Binance 0GUSDT
OKX 0G-USDT-SWAP
Gate 0G_USDT
MEXC 0G_USDT
Bitget 0GUSDT
Variational Omni 0G
ApeX Omni 0GUSDT
BloFin 0G-USDT
Backpack 0G_USDC_PERP
Lighter 0G
Hyperliquid 0G