Funding you earn now, next payment 04:00 UTC+0.0130%/8h= +14.2% APRnext payment +$0.65 per $10,000 · paid last 24h −0.042%
Price spread now: Bybit against KuCoin−0.108%7-day average −0.136% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,118as in the Price arb table
costs, in and out, $10k−$1,12111.208% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 7 days+0.295%+$30 · spread now −0.108%, 7d avg −0.136%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.027% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.136%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BUSDTM | 0.2033 | 0.0100 | pay 0.0050% / 4h | 15m 13s | $1.9M | $74K | 10x |
| Short | Bybit BUSDT | 0.2031 | 0.0230 | get 0.0115% / 4h | 15m 13s | $1.7M | $945K | 13x |
KuCoin BUSDTM
Bybit BUSDTFunding 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
- $27.22
- Price spread: −0.108% → −0.136%
- $2.73
- Slippage, 4 orders
- −$1,097.8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,090.85
- Costs to cover
- 11.208%
- Break-even
- 287.6 days
Slippage from KuCoin: live order book, 1 min ago; Bybit: live order book, 1 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, 1 min ago | 14.02 bp | 374.5 bp −$374 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 8.37 bp | 148.7 bp −$149 | 1072.7 bp −$10.7K | doesn't fit | doesn't fit |
B on 11 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 B_USDT | +0.0100% | 4h | 0.2032 | −0.054% | $3.4M | $631K | 20x | as long as short |
| KuCoin BUSDTMlong | +0.0100% | 4h | 0.2033 | long leg | $1.9M | $74K | 10x | |
| BloFin B-USDT | +0.0206% | 4h | 0.2031 | −0.103% | $608K | $38K | 20x | as long as short |
| Bybit BUSDTshort | +0.0230% | 4h | 0.2031 | −0.108% | $1.7M | $945K | 13x | |
| Binance BUSDT | +0.0261% | 4h | 0.2034 | +0.044% | $11.7M | $1.9M | 20x | as long as short |
| Extended B-USD | +0.0264% | 1h | 0.2034 | +0.066% | $15K | $220K | 5x | as long as short |
| MEXC B_USDT | +0.0268% | 4h | 0.2033 | −0.005% | $994K | $373K | 100x | as long as short |
| edgeX BUSDC | +0.0296% | 4h | 0.2036 | +0.136% | $3K | $391K | 5x | as long as short |
| Bitget BUSDT | +0.0412% | 4h | 0.2030 | −0.152% | $2.8M | $257K | 10x | as long as short |
| BingX B-USDT | +0.0424% | 4h | 0.2034 | +0.044% | — | $1.3M | — | as long as short |
Gate B_USDT
BloFin B-USDT
Binance BUSDT
Extended B-USD
MEXC B_USDT
edgeX BUSDC
Bitget BUSDT
BingX B-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1124% | 4h | 0.2034 | +0.051% | $1.9M | $211K | 5x | as long as short |
Aster BUSDT