Funding you earn now, next payment 08:00 UTC−0.1052%/8h= −115.1% APRnext payment −$5.26 per $10,000 · paid last 24h −1.194%
Price spread now: KuCoin against Bybit+0.644%7-day average +0.309% · you sell dearer than you buy
Net, funding: paid 7d − costs−$672as in the Funding arb table
Net, price: spread back to 7d avg − costs−$461as in the Price arb table
costs, in and out, $10k−$4944.942% of the position
Funding, last 7 days−1.774%−$177 on $10k
+Price spread, last 7 days−0.310%−$31 · spread now +0.644%, 7d avg +0.309%
=The price spread pays, funding is against you. KuCoin is 0.335% dearer against Bybit than usual: you sell high and buy low (spread +0.644% now, against its 7-day average of +0.309%): +$33 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOONUSDT | 0.1940 | 0.1152 | pay 0.0576% / 4h | 2h 47m | $2.5M | $1.2M | 25x |
| Short | KuCoin SOONUSDTM | 0.1953 | 0.0100 | get 0.0050% / 4h | 2h 47m | $1.8M | $3.4M | 50x |
Bybit SOONUSDT
KuCoin SOONUSDTMFunding 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
- −$220.82
- Price spread: +0.644% → +0.309%
- $33.49
- Slippage, 4 orders
- −$471.24
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$681.58
- Costs to cover
- 4.942%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 5 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, 5 min ago | 5.14 bp | 41.1 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 3.58 bp | 192.8 bp −$193 | 689.8 bp −$6,898 | doesn't fit | doesn't fit |
SOON on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTMshort | +0.0100% | 4h | 0.1953 | +0.644% | $1.8M | $3.4M | 50x | |
| Binance SOONUSDT | +0.0724% | 4h | 0.1950 | +0.500% | $8.0M | $2.0M | 50x | as long as short |
| Extended SOON-USD | +0.0736% | 1h | 0.1950 | +0.474% | $6K | $291K | 5x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0771% | 1h | 0.1942 | +0.072% | $11K | $2K | 10x | as long as short |
| OKX SOON-USDT-SWAP | +0.0868% | 4h | 0.1951 | +0.551% | $2.0M | $495K | 20x | as long as short |
| Gate SOON_USDT | +0.1056% | 4h | 0.1948 | +0.397% | $3.2M | $135K | 50x | as long as short |
| Variational Omni SOON | +0.1099% | 4h | 0.1944 | +0.199% | $239K | $20K | — | as long as short |
| Bybit SOONUSDTlong | +0.1152% | 4h | 0.1940 | long leg | $2.5M | $1.2M | 25x | |
| BingX SOON-USDT | +0.1230% | 4h | 0.1947 | +0.345% | — | $6.7M | — | as long as short |
| Bitget SOONUSDT | +0.1288% | 4h | 0.1951 | +0.551% | $9.2M | $290K | 25x | as long as short |
Binance SOONUSDT
Extended SOON-USD
Kraken Futures PF_SOONUSD
OKX SOON-USDT-SWAP
Gate SOON_USDT
Variational Omni SOON
BingX SOON-USDT
Bitget SOONUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SOONUSDT | +0.1332% | 4h | 0.1948 | +0.417% | $189K | $3K | 5x | as long as short |
Aster SOONUSDT