Funding you earn now, next payment 04:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.46 per $10,000 · paid last 24h −0.036%
Price spread now: Bybit against KuCoin−0.016%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$371as in the Funding arb table
Net, price: spread back to 7d avg − costs−$359as in the Price arb table
costs, in and out, $10k−$3593.588% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 7 days+0.250%+$25 · spread now −0.016%, 7d avg −0.015%
=The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.118%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BTWUSDTM | 0.7827 | 0.0626 | pay 0.0313% / 4h | 3h 03m | $7.1M | $4.7M | 10x |
| Short | Bybit BTWUSDT | 0.7825 | 0.0718 | get 0.0359% / 4h | 3h 03m | $14.9M | $39.0M | 10x |
KuCoin BTWUSDTM
Bybit BTWUSDTFunding 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
- $19.41
- Price spread: −0.016% → −0.015%
- −$0.1
- Slippage, 4 orders
- −$335.82
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$339.52
- Costs to cover
- 3.588%
- Break-even
- 129.5 days
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 | 16.39 bp | 83.6 bp −$84 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.64 bp | 45.7 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
BTW 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX BTW-USDT | +0.0100% | 4h | 0.7813 | −0.170% | $195K | $742K | 10x | as long as short |
| Gate BTW_USDT | +0.0400% | 4h | 0.7825 | −0.023% | $3.3M | $16.3M | 10x | as long as short |
| KuCoin BTWUSDTMlong | +0.0626% | 4h | 0.7827 | long leg | $7.1M | $4.7M | 10x | |
| Bybit BTWUSDTshort | +0.0718% | 4h | 0.7825 | −0.016% | $14.9M | $39.0M | 10x | |
| Aster BTWUSDT | +0.0820% | 4h | 0.7832 | +0.071% | $2.1M | $2.9M | 5x | as long as short |
| Bitget BTWUSDT | +0.0844% | 4h | 0.7838 | +0.143% | $24.7M | $13.6M | 5x | as long as short |
| BingX BTW-USDT | +0.0930% | 4h | 0.7826 | −0.010% | — | $4.3M | — | as long as short |
| Extended BTW-USD | +0.0944% | 1h | 0.7832 | +0.062% | $34K | $15K | 5x | as long as short |
| Binance BTWUSDT | +0.0946% | 4h | 0.7830 | +0.042% | $109.0M | $169.1M | 10x | as long as short |
| MEXC BTW_USDT | +0.0960% | 4h | 0.7829 | +0.028% | $9.4M | $6.3M | 20x | as long as short |
HTX BTW-USDT
Gate BTW_USDT
Aster BTWUSDT
Bitget BTWUSDT
BingX BTW-USDT
Extended BTW-USD
Binance BTWUSDT
MEXC BTW_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX BTWUSDC | +0.0974% | 4h | 0.7794 | −0.423% | $321K | $500K | 10x | as long as short |
edgeX BTWUSDC