Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.095%
Price spread now: Bybit against KuCoin−0.026%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$223as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$1991.995% of the position
Funding, last 7 days−0.235%−$24 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now −0.026%, 7d avg −0.046%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.021% dearer against KuCoin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BRUSDTM | 1.0953 | 0.0100 | pay 0.0050% / 4h | 3h 03m | $4.7M | $5.2M | 30x |
| Short | Bybit BRUSDT | 1.0950 | 0.0100 | get 0.0050% / 4h | 3h 03m | $10.6M | $25.9M | 5x |
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
- $0
- Price spread: −0.026% → −0.046%
- $2.06
- Slippage, 4 orders
- −$176.46
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$197.39
- Costs to cover
- 1.995%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 5 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, 4 min ago | 5.75 bp | 39.1 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.84 bp | 26.0 bp −$26 | 119.2 bp −$1,192 | doesn't fit | doesn't fit |
BR 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDT | +0.0080% | 4h | 1.0971 | +0.167% | — | $6.3M | — | as long as short |
| Bybit BRUSDTshort | +0.0100% | 4h | 1.0950 | −0.026% | $10.6M | $25.9M | 5x | |
| Gate BR_USDT | +0.0100% | 4h | 1.0953 | +0.005% | $7.3M | $8.8M | 20x | as long as short |
| KuCoin BRUSDTMlong | +0.0100% | 4h | 1.0953 | long leg | $4.7M | $5.2M | 30x | |
| Variational Omni BR | +0.0100% | 4h | 1.0926 | −0.246% | $257K | $295K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.0971 | +0.167% | — | $720K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.0997 | +0.400% | $83K | $246K | 20x | as long as short |
| Bitget BRUSDT | +0.0220% | 4h | 1.0981 | +0.258% | $8.1M | $12.5M | 10x | as long as short |
| Aster BRUSDT | +0.0494% | 4h | 1.0962 | +0.084% | $657K | $2.9M | 5x | as long as short |
| Binance BRUSDT | +0.1131% | 4h | 1.0971 | +0.165% | $52.4M | $162.2M | 25x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BR_USDT | +0.1136% | 4h | 1.0971 | +0.169% | $15.0M | $7.5M | 100x | as long as short |
KuCoin BRUSDTM
Bybit BRUSDT
BingX BR-USDT
Gate BR_USDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
Bitget BRUSDT
Aster BRUSDT
Binance BRUSDT
MEXC BR_USDT