Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.015%
Price spread now: Bybit against KuCoin−0.186%7-day average +0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$590as in the Funding arb table
Net, price: spread back to 7d avg − costs−$610as in the Price arb table
costs, in and out, $10k−$5825.822% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)+0.197%+$20 · spread now −0.186%, 7d avg +0.091%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.276% cheaper against KuCoin than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of +0.091%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MASKUSDTM | 0.4845 | 0.0100 | pay 0.0050% / 4h | 3h 52m | $599K | $181K | 50x |
| Short | Bybit MASKUSDT | 0.4836 | 0.0100 | get 0.0050% / 4h | 3h 52m | $1.3M | $1.3M | 50x |
KuCoin MASKUSDTM
Bybit MASKUSDTFunding 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: −0.186% → +0.091%
- −$27.65
- Slippage, 4 orders
- −$559.15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$609.8
- Costs to cover
- 5.822%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 71 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, 71 min ago | 16.43 bp | 241.4 bp −$241 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.13 bp | 39.3 bp −$39 | 76.9 bp −$769 | doesn't fit | doesn't fit |
MASK on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MASK | −0.0047% | 4h | 0.4841 | −0.086% | $23K | $1 | — | as long as short |
| Binance MASKUSDT | +0.0100% | 4h | 0.4842 | −0.068% | $2.6M | $7.3M | 50x | as long as short |
| Bybit MASKUSDTshort | +0.0100% | 4h | 0.4836 | −0.186% | $1.3M | $1.3M | 50x | |
| OKX MASK-USDT-SWAP | +0.0100% | 8h | 0.4838 | −0.144% | $500K | $2.0M | 20x | as long as short |
| Gate MASK_USDT | +0.0100% | 8h | 0.4841 | −0.083% | $278K | $300K | 50x | as long as short |
| MEXC MASK_USDT | +0.0100% | 8h | 0.4839 | −0.124% | $1.1M | $326K | 50x | as long as short |
| KuCoin MASKUSDTMlong | +0.0100% | 4h | 0.4845 | long leg | $599K | $181K | 50x | |
| Bitget MASKUSDT | +0.0100% | 4h | 0.4840 | −0.103% | $508K | $696K | 50x | as long as short |
| BingX MASK-USDT | +0.0100% | 4h | 0.4840 | −0.103% | — | $2.3M | — | as long as short |
| BloFin MASK-USDT | +0.0128% | 4h | 0.4847 | +0.041% | $128K | $15K | 50x | as long as short |
Variational Omni MASK
Binance MASKUSDT
OKX MASK-USDT-SWAP
Gate MASK_USDT
MEXC MASK_USDT
Bitget MASKUSDT
BingX MASK-USDT
BloFin MASK-USDT