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

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Bybit+0.151%7-day average +0.422% · you sell dearer than you buy
Net, funding: paid 7d − costs−$433as in the Funding arb table
Net, price: spread back to 7d avg − costs−$465as in the Price arb table
costs, in and out, $10k−$4384.379% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$4 on $10k
Price spread, last 7 days+0.223%+$22 · spread now +0.151%, 7d avg +0.422%
Together, before fees+0.268%+$27 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: KuCoin is 0.271% cheaper against Bybit than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of +0.422%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DEEPUSDT0.019810.0100pay 0.0100% / 8h5h 04m$4.3M$2.7M50x
ShortKuCoin DEEPUSDTM0.019840.0100get 0.0050% / 4h1h 04m$1.8M$93K20x

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: +0.151% → +0.422%
−$27.09
Slippage, 4 orders
−$414.91
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$465
Costs to cover
4.379%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 2 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, 3 min ago5.05 bp38.0 bp −$38328.4 bp −$3,284doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago15.11 bp199.0 bp −$199doesn't fitdoesn't fitdoesn't fit

DEEP on 12 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
Bluefin DEEP-PERP−0.4290%1h0.01979−0.101%$81K$13K20xas long as short
Binance DEEPUSDT+0.0100%4h0.01987+0.300%$2.1M$6.1M50xas long as short
Bybit DEEPUSDTlong+0.0100%8h0.01981long leg$4.3M$2.7M50x
Gate DEEP_USDT+0.0100%4h0.019810.000%$306K$97K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01988+0.353%$1.1M$498K100xas long as short
KuCoin DEEPUSDTMshort+0.0100%4h0.01984+0.151%$1.8M$93K20x
Bitget DEEPUSDT+0.0100%4h0.01985+0.202%$814K$593K50xas long as short
BingX DEEP-USDT+0.0100%4h0.01985+0.202%$6.6Mas long as short
Variational Omni DEEP+0.0100%8h0.01977−0.221%$13K$9Kas long as short
Extended DEEP-USD+0.0104%1h0.01986+0.250%$3K$202K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin DEEP-USDT+0.0106%8h0.01977−0.202%$139K$34K50xas long as short
Kraken Futures PF_DEEPUSD+3.3735%1h0.01976−0.243%$7K$7K10xas long as short