Funding you earn now, next payment 12:00 UTC+0.1002%/8h= +109.7% APRnext payment +$5.01 per $10,000 · paid last 24h +0.067%
Price spread now: Bybit against KuCoin+0.068%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,028as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,026as in the Price arb table
costs, in and out, $10k−$1,03110.307% of the position
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 7 days−0.058%−$6 · spread now +0.068%, 7d avg +0.026%
=Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Bybit is 0.042% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.026%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.025% in total (about 1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.01 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LAUSDTM | 0.07388 | −0.0902 | get 0.0451% / 4h | 1h 05m | $1.0M | $65K | 30x |
| Short | Bybit LAUSDT | 0.07393 | 0.0100 | get 0.0050% / 4h | 1h 05m | $2.3M | $2.1M | 25x |
KuCoin LAUSDTM
Bybit LAUSDTFunding 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
- $210.42
- Price spread: +0.068% → +0.026%
- $4.18
- Slippage, 4 orders
- −$1,007.67
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$816.07
- Costs to cover
- 10.307%
- Break-even
- 34.1 days
Slippage from KuCoin: live order book, 2 min ago; Bybit: live order book, 4 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, 2 min ago | 8.13 bp | 570.4 bp −$570 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.36 bp | 22.0 bp −$22 | 132.0 bp −$1,320 | doesn't fit | doesn't fit |
LA on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDT | −0.0916% | 4h | 0.07390 | +0.027% | $221K | $805K | 50x | as long as short |
| KuCoin LAUSDTMlong | −0.0902% | 4h | 0.07388 | long leg | $1.0M | $65K | 30x | |
| OKX LA-USDT-SWAP | −0.0416% | 4h | 0.07387 | −0.014% | $1.3M | $2.4M | 20x | as long as short |
| BingX LA-USDT | −0.0398% | 4h | 0.07392 | +0.054% | — | $6.5M | — | as long as short |
| BloFin LA-USDT | +0.0059% | 4h | 0.07378 | −0.135% | $245K | $21K | 25x | as long as short |
| Aster LAUSDT | +0.0087% | 4h | 0.07398 | +0.131% | $51K | $23K | 5x | as long as short |
| Binance LAUSDT | +0.0100% | 4h | 0.07392 | +0.054% | $4.7M | $8.0M | 25x | as long as short |
| Bybit LAUSDTshort | +0.0100% | 4h | 0.07393 | +0.068% | $2.3M | $2.1M | 25x | |
| MEXC LA_USDT | +0.0100% | 4h | 0.07390 | +0.027% | $364K | $131K | 50x | as long as short |
| Bitget LAUSDT | +0.0100% | 4h | 0.07385 | −0.041% | $2.0M | $339K | 25x | as long as short |
Gate LA_USDT
OKX LA-USDT-SWAP
BingX LA-USDT
BloFin LA-USDT
Aster LAUSDT
Binance LAUSDT
MEXC LA_USDT
Bitget LAUSDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07379 | −0.128% | $140K | $401K | 10x | as long as short |
GRVT LA_USDT_Perp