Funding you earn now, next payment 04:00 UTC+0.0082%/8h= +9.0% APRnext payment +$0.41 per $10,000 · paid last 24h +0.085%
Price spread now: KuCoin against Bybit−0.035%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$421as in the Funding arb table
Net, price: spread back to 7d avg − costs−$500as in the Price arb table
costs, in and out, $10k−$5025.017% of the position
Funding, last 7 days+0.807%+$81 on $10k
+Price spread, last 7 days−0.004%$0 · spread now −0.035%, 7d avg −0.057%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.022% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LABUSDT | 0.05680 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $4.2M | $2.4M | 20x |
| Short | KuCoin LABUSDTM | 0.05678 | 0.0182 | get 0.0091% / 4h | 1h 30m | $1.9M | $1.6M | 10x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $17.22
- Price spread: −0.035% → −0.057%
- $2.18
- Slippage, 4 orders
- −$478.73
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$482.33
- Costs to cover
- 5.017%
- Break-even
- 203.1 days
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 6 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, 2 min ago | 8.81 bp | 34.8 bp −$35 | 540.1 bp −$5,401 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 2.64 bp | 222.3 bp −$222 | doesn't fit | doesn't fit | doesn't fit |
LAB 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LABUSDTlong | +0.0100% | 4h | 0.05680 | long leg | $4.2M | $2.4M | 20x | |
| Gate LAB_USDT | +0.0100% | 4h | 0.05678 | −0.035% | $3.3M | $1.7M | 20x | as long as short |
| Variational Omni LAB | +0.0100% | 4h | 0.05674 | −0.109% | $79K | $370 | — | as long as short |
| SunX LAB-USDT | +0.0100% | 4h | 0.05680 | 0.000% | $1K | $1.0M | 20x | as long as short |
| HTX LAB-USDT | +0.0100% | 4h | 0.05707 | +0.475% | $71K | $50K | 20x | as long as short |
| KuCoin LABUSDTMshort | +0.0182% | 4h | 0.05678 | −0.035% | $1.9M | $1.6M | 10x | |
| BloFin LAB-USDT | +0.0298% | 4h | 0.05683 | +0.053% | $604K | $68K | 10x | as long as short |
| Bitget LABUSDT | +0.0320% | 4h | 0.05680 | 0.000% | $3.0M | $844K | 10x | as long as short |
| OKX LAB-USDT-SWAP | +0.0326% | 4h | 0.05680 | 0.000% | $3.9M | $6.5M | 10x | as long as short |
| MEXC LAB_USDT | +0.0330% | 4h | 0.05681 | +0.018% | $4.8M | $1.1M | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LABUSDT | +0.0331% | 4h | 0.05680 | 0.000% | $13.9M | $14.3M | 10x | as long as short |
| BingX LAB-USDT | +0.0338% | 4h | 0.05678 | −0.035% | — | $1.6M | — | as long as short |
| edgeX LABUSDC | +0.0343% | 4h | 0.05682 | +0.043% | $13K | $182K | 10x | as long as short |
| Aster LABUSDT | +0.0359% | 4h | 0.05677 | −0.045% | $46K | $66K | 5x | as long as short |
Bybit LABUSDT
KuCoin LABUSDTM
Gate LAB_USDT
Variational Omni LAB
SunX LAB-USDT
HTX LAB-USDT
BloFin LAB-USDT
Bitget LABUSDT
OKX LAB-USDT-SWAP
MEXC LAB_USDT
Binance LABUSDT
BingX LAB-USDT
edgeX LABUSDC
Aster LABUSDT