Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin−0.067%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$324as in the Funding arb table
Net, price: spread back to 7d avg − costs−$312as in the Price arb table
costs, in and out, $10k−$3123.123% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.067%, 7d avg −0.069%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IOUSDTM | 0.1490 | 0.0100 | pay 0.0050% / 4h | 1h 45m | $349K | $193K | 50x |
| Short | Bybit IOUSDT | 0.1489 | 0.0100 | get 0.0050% / 4h | 1h 45m | $1.1M | $687K | 25x |
KuCoin IOUSDTM
Bybit IOUSDTFunding 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
- $0
- Price spread: −0.067% → −0.069%
- $0.14
- Slippage, 4 orders
- −$289.32
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$312.18
- Costs to cover
- 3.123%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 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, 8 min ago | 6.70 bp | 91.7 bp −$92 | 551.7 bp −$5,517 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 6.70 bp | 56.0 bp −$56 | 367.9 bp −$3,679 | doesn't fit | doesn't fit |
IO on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid IO | +0.0100% | 1h | 0.1489 | −0.040% | $990K | $273K | 3x | as long as short |
| Aster IOUSDT | +0.0100% | 4h | 0.1491 | +0.067% | $23K | $47K | 5x | as long as short |
| Binance IOUSDT | +0.0100% | 4h | 0.1489 | −0.035% | $3.0M | $5.1M | 50x | as long as short |
| Bybit IOUSDTshort | +0.0100% | 4h | 0.1489 | −0.067% | $1.1M | $687K | 25x | |
| Gate IO_USDT | +0.0100% | 4h | 0.1490 | +0.007% | $227K | $465K | 50x | as long as short |
| MEXC IO_USDT | +0.0100% | 4h | 0.1488 | −0.134% | $1.2M | $225K | 125x | as long as short |
| KuCoin IOUSDTMlong | +0.0100% | 4h | 0.1490 | long leg | $349K | $193K | 50x | |
| Bitget IOUSDT | +0.0100% | 4h | 0.1491 | +0.067% | $1.4M | $1.0M | 50x | as long as short |
| BingX IO-USDT | +0.0100% | 4h | 0.1490 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni IO | +0.0100% | 4h | 0.1490 | −0.016% | $30K | $20K | — | as long as short |
Hyperliquid IO
Aster IOUSDT
Binance IOUSDT
Gate IO_USDT
MEXC IO_USDT
Bitget IOUSDT
BingX IO-USDT
Variational Omni IOShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended IO-USD | +0.0104% | 1h | 0.1489 | −0.085% | $4K | $220K | 5x | as long as short |
| BloFin IO-USDT | +0.0118% | 4h | 0.1492 | +0.134% | $193K | $35K | 50x | as long as short |
| Injective IO/USDC PERP | +0.0204% | 1h | 0.1499 | +0.604% | $2K | $198 | 5.5x | as long as short |
| Kraken Futures PF_IOUSD | +3.8786% | 1h | 0.1486 | −0.236% | $38K | $7K | 10x | as long as short |
Extended IO-USD
BloFin IO-USDT
Injective IO/USDC PERP
Kraken Futures PF_IOUSD