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

CP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.147%
Price spread now: KuCoin against Bybit+0.147%7-day average +0.143% · you sell dearer than you buy
Net, funding: paid 7d − costs−$406as in the Funding arb table
Net, price: spread back to 7d avg − costs−$431as in the Price arb table
costs, in and out, $10k−$4324.317% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.254%+$25 on $10k
Price spread, last 7 days+0.110%+$11 · spread now +0.147%, 7d avg +0.143%
Together, before fees+0.365%+$36 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CPUSDT0.013600.0100pay 0.0050% / 4h41m 38s$1.5M$2.3M20x
ShortKuCoin CPUSDTM0.013620.0100get 0.0050% / 4h41m 38s$192K$935K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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: +0.147% → +0.143%
$0.44
Slippage, 4 orders
−$408.72
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$431.28
Costs to cover
4.317%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 28 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 Bybit live order book, 5 min ago7.39 bp39.9 bp −$40397.0 bp −$3,970doesn't fitdoesn't fit
Sell KuCoin live order book, 28 min ago10.99 bp179.4 bp −$179doesn't fitdoesn't fitdoesn't fit

CP on 8 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
BloFin CP-USDT+0.0069%4h0.013600.000%$415$37K20xas long as short
BingX CP-USDT+0.0070%4h0.01361+0.074%$1.0Mas long as short
Bybit CPUSDTlong+0.0100%4h0.01360long leg$1.5M$2.3M20x
OKX CP-USDT-SWAP+0.0100%4h0.013600.000%$3.8M$10.6M20xas long as short
Gate CP_USDT+0.0100%4h0.013600.000%$564K$508K20xas long as short
MEXC CP_USDT+0.0100%4h0.013600.000%$1.5M$362K20xas long as short
KuCoin CPUSDTMshort+0.0100%4h0.01362+0.147%$192K$935K20x
Bitget CPUSDT+0.0100%4h0.01360+0.007%$780K$1.5M20xas long as short