Funding arb · Price arb /

SPACE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.026%

Price spread now: KuCoin against Bybit+0.135%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,338as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,320as in the Price arb table

costs, in and out, $10k−$1,33013.299% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.081%−$8 on $10k

Price spread, last 4 days (all we have)−0.085%−$9 · spread now +0.135%, 7d avg +0.036%

Together, before fees−0.166%−$17 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.100% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.036%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SPACEUSDT	0.005177	0.0100	pay 0.0050% / 4h	3h 45m	$802K	$194K	13x
Short	KuCoin SPACEUSDTM	0.005184	0.0100	get 0.0050% / 4h	3h 45m	$658K	$99K	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now +0.135%Rate

Funding earned: $0
Price spread: +0.135% → +0.036%: $9.96
Slippage, 4 orders: −$1,306.9
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,319.94
Costs to cover: 13.299%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 28 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, 4 min ago	4.82 bp	255.8 bp −$256	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 28 min ago	16.41 bp	230.3 bp −$230	doesn't fit	doesn't fit	doesn't fit

SPACE on 9 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
Binance SPACEUSDT	+0.0100%	4h	0.005190	+0.251%	$1.9M	$2.2M	50x	as long as short
Bybit SPACEUSDTlong	+0.0100%	4h	0.005177	long leg	$802K	$194K	13x
OKX SPACE-USDT-SWAP	+0.0100%	4h	0.005187	+0.193%	$1.6M	$1.3M	20x	as long as short
Gate SPACE_USDT	+0.0100%	4h	0.005178	+0.019%	$779K	$342K	20x	as long as short
MEXC SPACE_USDT	+0.0100%	4h	0.005193	+0.309%	$433K	$152K	20x	as long as short
KuCoin SPACEUSDTMshort	+0.0100%	4h	0.005184	+0.135%	$658K	$99K	20x
Bitget SPACEUSDT	+0.0100%	4h	0.005192	+0.290%	$911K	$245K	20x	as long as short
BloFin SPACE-USDT	+0.0111%	4h	0.005188	+0.212%	$161K	$10K	50x	as long as short
Aster SPACEUSDT	+0.0818%	4h	0.005183	+0.116%	$17K	$32K	5x	as long as short