Funding you earn now, next payment 08:00 UTC+0.0123%/8h= +13.5% APRpaid last 24h −0.028%
Price spread now: KuCoin against Bybit−0.059%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1661.665% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.059%, 7d avg −0.047%
=The price spread sits at its 7-day average of −0.047%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.131%, 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 | Bybit GMTUSDT | 0.008505 | −0.0281 | get 0.0281% / 8h | 1h 17m | $1.1M | $2.1M | 50x |
| Short | KuCoin GMTUSDTM | 0.008500 | −0.0158 | pay 0.0079% / 4h | 1h 17m | $257K | $188K | 50x |
Bybit GMTUSDT
KuCoin GMTUSDTMFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $25.82
- Price spread: −0.059% → −0.047%
- −$1.2
- Slippage, 4 orders
- −$143.49
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$141.87
- Costs to cover
- 1.665%
- Break-even
- 45.5 days
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 24 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 Bybit live order book, 4 min ago | 4.11 bp | 34.4 bp −$34 | 277.6 bp −$2,776 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 24 min ago | 11.75 bp | 44.3 bp −$44 | 226.6 bp −$2,266 | doesn't fit | doesn't fit |
GMT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1284% | 1h | 0.008522 | +0.199% | $43K | $13K | 20x | as long as short |
| Variational Omni GMT | −0.0283% | 8h | 0.008513 | +0.094% | $4K | $6K | — | as long as short |
| Bybit GMTUSDTlong | −0.0281% | 8h | 0.008505 | long leg | $1.1M | $2.1M | 50x | |
| KuCoin GMTUSDTMshort | −0.0158% | 4h | 0.008500 | −0.059% | $257K | $188K | 50x | |
| OKX GMT-USDT-SWAP | −0.0102% | 4h | 0.008494 | −0.129% | $388K | $1.2M | 20x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008496 | −0.106% | $113K | $144K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008514 | +0.107% | $7K | $23K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008504 | −0.006% | $2.9M | $5.5M | 50x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008510 | +0.059% | $146K | $179K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008507 | +0.024% | $443K | $214K | 20x | as long as short |
Kraken Futures PF_GMTUSD
Variational Omni GMT
OKX GMT-USDT-SWAP
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Gate GMT_USDT
MEXC GMT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMTUSDT | +0.0100% | 4h | 0.008513 | +0.094% | $677K | $635K | 50x | as long as short |
| BingX GMT-USDT | +0.0100% | 4h | 0.008509 | +0.047% | — | $1.2M | — | as long as short |
Bitget GMTUSDT
BingX GMT-USDT