Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: KuCoin against Bybit−0.040%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,146as in the Price arb table
costs, in and out, $10k−$1,14011.403% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 4 days (all we have)+0.055%+$6 · spread now −0.040%, 7d avg +0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.056% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MEUSDT | 0.07436 | 0.0100 | pay 0.0050% / 4h | 2h 39m | $1.5M | $707K | 25x |
| Short | KuCoin MEUSDTM | 0.07433 | 0.0100 | get 0.0050% / 4h | 2h 39m | $206K | $27K | 30x |
Bybit MEUSDT
KuCoin MEUSDTMFunding 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
- $0
- Price spread: −0.040% → +0.015%
- −$5.57
- Slippage, 4 orders
- −$1,117.26
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,145.82
- Costs to cover
- 11.403%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 70 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 | 6.06 bp | 45.6 bp −$46 | 232.2 bp −$2,322 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 70 min ago | 26.18 bp | 246.4 bp −$246 | doesn't fit | doesn't fit | doesn't fit |
ME on 13 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 ME | +0.0100% | 1h | 0.07439 | +0.040% | $235K | $100K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07428 | −0.108% | $13K | $20K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07429 | −0.093% | $2.2M | $4.0M | 50x | as long as short |
| Bybit MEUSDTlong | +0.0100% | 4h | 0.07436 | long leg | $1.5M | $707K | 25x | |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07437 | +0.013% | $482K | $1.1M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07440 | +0.054% | $190K | $70K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07426 | −0.134% | $479K | $132K | 20x | as long as short |
| KuCoin MEUSDTMshort | +0.0100% | 4h | 0.07433 | −0.040% | $206K | $27K | 30x | |
| Bitget MEUSDT | +0.0100% | 4h | 0.07439 | +0.040% | $634K | $414K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07427 | −0.121% | — | $1.3M | — | as long as short |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
Bitget MEUSDT
BingX ME-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ME | +0.0100% | 4h | 0.07419 | −0.224% | $12K | $2K | — | as long as short |
| BloFin ME-USDT | +0.0130% | 4h | 0.07425 | −0.148% | $110K | $7K | 50x | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07440 | +0.059% | $26K | — | 15x | as long as short |
Variational Omni ME
BloFin ME-USDT
Reya MERUSDPERP