Settings8H · net · $10k
Funding arb · Price arb /

BR

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.247%−$25 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BRUSDTM1.09530.0100pay 0.0050% / 4h3h 03m$4.7M$5.2M30x
ShortBybit BRUSDT1.09500.0100get 0.0050% / 4h3h 03m$10.6M$25.9M5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 4 min ago5.75 bp39.1 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago2.84 bp26.0 bp −$26119.2 bp −$1,192doesn't fitdoesn't fit

BR on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BR-USDT+0.0080%4h1.0971+0.167%$6.3Mas long as short
Bybit BRUSDTshort+0.0100%4h1.0950−0.026%$10.6M$25.9M5x
Gate BR_USDT+0.0100%4h1.0953+0.005%$7.3M$8.8M20xas long as short
KuCoin BRUSDTMlong+0.0100%4h1.0953long leg$4.7M$5.2M30x
Variational Omni BR+0.0100%4h1.0926−0.246%$257K$295Kas long as short
SunX BR-USDT+0.0100%4h1.0971+0.167%$720K10xas long as short
HTX BR-USDT+0.0100%4h1.0997+0.400%$83K$246K20xas long as short
Bitget BRUSDT+0.0220%4h1.0981+0.258%$8.1M$12.5M10xas long as short
Aster BRUSDT+0.0494%4h1.0962+0.084%$657K$2.9M5xas long as short
Binance BRUSDT+0.1131%4h1.0971+0.165%$52.4M$162.2M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BR_USDT+0.1136%4h1.0971+0.169%$15.0M$7.5M100xas long as short