Funding you earn now, next payment 04:00 UTC+0.0909%/8h= +99.5% APRnext payment +$4.54 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin−0.044%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$672as in the Funding arb table
Net, price: spread back to 7d avg − costs−$679as in the Price arb table
costs, in and out, $10k−$6726.724% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.044%, 7d avg +0.022%
=Funding pays, the price is against you. Bybit is 0.066% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of +0.022%). If the spread goes back, that is −$7 on $10k: about 6 hours of funding at the current rate (+$27 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.000% in total (about -0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.54 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 BBUSDTM | 0.009080 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $444K | $89K | 50x |
| Short | Bybit BBUSDT | 0.009076 | 0.1009 | get 0.0504% / 4h | 1h 58m | $684K | $803K | 25x |
KuCoin BBUSDTM
Bybit BBUSDTFunding 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
- $190.82
- Price spread: −0.044% → +0.022%
- −$6.57
- Slippage, 4 orders
- −$649.37
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$488.12
- Costs to cover
- 6.724%
- Break-even
- 24.9 days
Slippage from KuCoin: live order book, 39 min ago; Bybit: live order book, 2 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, 39 min ago | 16.46 bp | 216.0 bp −$216 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 5.50 bp | 111.5 bp −$112 | 302.3 bp −$3,023 | doesn't fit | doesn't fit |
BB on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BBUSDT | +0.0100% | 4h | 0.009077 | −0.035% | $12K | $13K | 5x | as long as short |
| Binance BBUSDT | +0.0100% | 4h | 0.009074 | −0.062% | $3.3M | $6.9M | 50x | as long as short |
| Gate BB_USDT | +0.0100% | 4h | 0.009080 | 0.000% | $132K | $219K | 50x | as long as short |
| MEXC BB_USDT | +0.0100% | 4h | 0.009070 | −0.110% | $1.4M | $568K | 100x | as long as short |
| KuCoin BBUSDTMlong | +0.0100% | 4h | 0.009080 | long leg | $444K | $89K | 50x | |
| Bitget BBUSDT | +0.0100% | 4h | 0.009080 | 0.000% | $327K | $481K | 50x | as long as short |
| BingX BB-USDT | +0.0980% | 4h | 0.009081 | +0.011% | — | $1.3M | — | as long as short |
| Bybit BBUSDTshort | +0.1009% | 4h | 0.009076 | −0.044% | $684K | $803K | 25x | |
| Kraken Futures PF_BBUSD | +0.1969% | 1h | 0.009106 | +0.286% | $21K | $3K | 10x | as long as short |
Aster BBUSDT
Binance BBUSDT
Gate BB_USDT
MEXC BB_USDT
Bitget BBUSDT
BingX BB-USDT
Kraken Futures PF_BBUSD