Funding you earn now, next payment 08:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.48 per $10,000 · paid last 24h −0.076%
Price spread now: Bybit against KuCoin+0.119%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$484as in the Funding arb table
Net, price: spread back to 7d avg − costs−$399as in the Price arb table
costs, in and out, $10k−$4054.052% of the position
Funding, last 7 days−0.785%−$79 on $10k
+Price spread, last 7 days−0.113%−$11 · spread now +0.119%, 7d avg +0.058%
=The price spread pays, funding is against you. Bybit is 0.061% dearer against KuCoin than usual: you sell high and buy low (spread +0.119% now, against its 7-day average of +0.058%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 7 days (−0.785% in total) that is about 13 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LABUSDTM | 0.05865 | 0.0196 | pay 0.0098% / 4h | 3h 22m | $2.0M | $1.6M | 10x |
| Short | Bybit LABUSDT | 0.05872 | 0.0100 | get 0.0050% / 4h | 3h 22m | $4.4M | $2.7M | 20x |
Funding 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
- −$20.16
- Price spread: +0.119% → +0.058%
- $6.11
- Slippage, 4 orders
- −$382.19
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$419.24
- Costs to cover
- 4.052%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, just now.
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, 4 min ago | 5.10 bp | 166.9 bp −$167 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 8.51 bp | 55.4 bp −$55 | 503.5 bp −$5,035 | 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 LABUSDTshort | +0.0100% | 4h | 0.05872 | +0.119% | $4.4M | $2.7M | 20x | |
| Gate LAB_USDT | +0.0100% | 4h | 0.05864 | −0.017% | $3.4M | $1.8M | 20x | as long as short |
| Variational Omni LAB | +0.0100% | 4h | 0.05874 | +0.152% | $82K | $369 | — | as long as short |
| SunX LAB-USDT | +0.0100% | 4h | 0.05860 | −0.085% | $2K | $1.1M | 20x | as long as short |
| HTX LAB-USDT | +0.0100% | 4h | 0.05872 | +0.119% | $73K | $52K | 20x | as long as short |
| Bitget LABUSDT | +0.0182% | 4h | 0.05870 | +0.085% | $3.1M | $888K | 10x | as long as short |
| KuCoin LABUSDTMlong | +0.0196% | 4h | 0.05865 | long leg | $2.0M | $1.6M | 10x | |
| OKX LAB-USDT-SWAP | +0.0287% | 4h | 0.05869 | +0.068% | $4.0M | $7.1M | 10x | as long as short |
| Binance LABUSDT | +0.0384% | 4h | 0.05871 | +0.102% | $14.5M | $15.1M | 10x | as long as short |
| MEXC LAB_USDT | +0.0388% | 4h | 0.05867 | +0.034% | $4.9M | $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 | |
|---|---|---|---|---|---|---|---|---|
| BingX LAB-USDT | +0.0392% | 4h | 0.05870 | +0.085% | — | $1.7M | — | as long as short |
| edgeX LABUSDC | +0.0404% | 4h | 0.05862 | −0.049% | $13K | $182K | 10x | as long as short |
| BloFin LAB-USDT | +0.0419% | 4h | 0.05889 | +0.409% | $625K | $68K | 10x | as long as short |
| Aster LABUSDT | +0.0460% | 4h | 0.05877 | +0.211% | $46K | $71K | 5x | as long as short |
KuCoin LABUSDTM
Bybit LABUSDT
Gate LAB_USDT
Variational Omni LAB
SunX LAB-USDT
HTX LAB-USDT
Bitget LABUSDT
OKX LAB-USDT-SWAP
Binance LABUSDT
MEXC LAB_USDT
BingX LAB-USDT
edgeX LABUSDC
BloFin LAB-USDT
Aster LABUSDT