Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin−0.079%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$650as in the Funding arb table
Net, price: spread back to 7d avg − costs−$651as in the Price arb table
costs, in and out, $10k−$6456.448% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 4 days (all we have)+0.062%+$6 · spread now −0.079%, 7d avg −0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.065% cheaper against KuCoin 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 | KuCoin MEUSDTM | 0.07552 | 0.0100 | pay 0.0050% / 4h | 1h 28m | $216K | $33K | 30x |
| Short | Bybit MEUSDT | 0.07546 | 0.0100 | get 0.0050% / 4h | 1h 28m | $1.5M | $829K | 25x |
KuCoin MEUSDTM
Bybit MEUSDTFunding 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: −0.079% → −0.015%
- −$6.45
- Slippage, 4 orders
- −$621.75
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$651.21
- Costs to cover
- 6.448%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 12 min ago; Bybit: live order book, 7 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, 12 min ago | 31.90 bp | 312.5 bp −$313 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 7 min ago | 4.64 bp | 47.1 bp −$47 | 215.8 bp −$2,158 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ME-USDT | +0.0059% | 4h | 0.07529 | −0.305% | $108K | $9K | 50x | as long as short |
| Hyperliquid ME | +0.0100% | 1h | 0.07545 | −0.093% | $237K | $115K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07538 | −0.181% | $13K | $21K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07543 | −0.119% | $2.1M | $4.2M | 50x | as long as short |
| Bybit MEUSDTshort | +0.0100% | 4h | 0.07546 | −0.079% | $1.5M | $829K | 25x | |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07538 | −0.185% | $477K | $1.2M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07540 | −0.159% | $193K | $76K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07540 | −0.159% | $500K | $130K | 20x | as long as short |
| KuCoin MEUSDTMlong | +0.0100% | 4h | 0.07552 | long leg | $216K | $33K | 30x | |
| Bitget MEUSDT | +0.0100% | 4h | 0.07546 | −0.079% | $643K | $427K | 25x | as long as short |
BloFin ME-USDT
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
Bitget MEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ME-USDT | +0.0100% | 4h | 0.07545 | −0.093% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07526 | −0.342% | $12K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07540 | −0.161% | $27K | — | 15x | as long as short |
BingX ME-USDT
Variational Omni ME
Reya MERUSDPERP