Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.016%
Price spread now: KuCoin against Bybit+0.218%7-day average +0.165% · you sell dearer than you buy
Net, funding: paid 7d − costs−$340as in the Funding arb table
Net, price: spread back to 7d avg − costs−$337as in the Price arb table
costs, in and out, $10k−$3423.421% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now +0.218%, 7d avg +0.165%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.053% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.165%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ATHUSDT | 0.005503 | 0.0100 | pay 0.0050% / 4h | 2h 16m | $4.4M | $2.5M | 25x |
| Short | KuCoin ATHUSDTM | 0.005515 | 0.0100 | get 0.0050% / 4h | 2h 16m | $556K | $76K | 30x |
Bybit ATHUSDT
KuCoin ATHUSDTMFunding 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
- $0
- Price spread: +0.218% → +0.165%
- $5.27
- Slippage, 4 orders
- −$319.11
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$336.84
- Costs to cover
- 3.421%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 21 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, 1 min ago | 3.64 bp | 34.4 bp −$34 | 163.4 bp −$1,634 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 21 min ago | 8.19 bp | 133.7 bp −$134 | doesn't fit | doesn't fit | doesn't fit |
ATH on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ATHUSD | −0.2737% | 1h | 0.005509 | +0.115% | $19K | $106K | 10x | as long as short |
| Variational Omni ATH | −0.0081% | 4h | 0.005520 | +0.318% | $185K | $93K | — | as long as short |
| dYdX ATH-USD | 0.0000% | 1h | 0.005516 | +0.235% | $11K | $57 | 5x | as long as short |
| Aster ATHUSDT | +0.0100% | 4h | 0.005514 | +0.192% | $5K | $40K | 5x | as long as short |
| Binance ATHUSDT | +0.0100% | 4h | 0.005517 | +0.250% | $3.3M | $4.1M | 50x | as long as short |
| Bybit ATHUSDTlong | +0.0100% | 4h | 0.005503 | long leg | $4.4M | $2.5M | 25x | |
| OKX ATH-USDT-SWAP | +0.0100% | 4h | 0.005510 | +0.127% | $701K | $1.3M | 20x | as long as short |
| Gate ATH_USDT | +0.0100% | 4h | 0.005503 | 0.000% | $787K | $557K | 30x | as long as short |
| MEXC ATH_USDT | +0.0100% | 4h | 0.005519 | +0.291% | $8.9M | $623K | 50x | as long as short |
| KuCoin ATHUSDTMshort | +0.0100% | 4h | 0.005515 | +0.218% | $556K | $76K | 30x |
Kraken Futures PF_ATHUSD
Variational Omni ATH
dYdX ATH-USD
Aster ATHUSDT
Binance ATHUSDT
OKX ATH-USDT-SWAP
Gate ATH_USDT
MEXC ATH_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ATHUSDT | +0.0100% | 4h | 0.005517 | +0.254% | $1.5M | $849K | 25x | as long as short |
| BingX ATH-USDT | +0.0100% | 4h | 0.005511 | +0.145% | — | $21.7M | — | as long as short |
Bitget ATHUSDT
BingX ATH-USDT