Funding you earn now, next payment 08:00 UTC+0.1045%/8h= +114.5% APRnext payment +$5.23 per $10,000 · paid last 24h −0.066%
Price spread now: KuCoin against Bybit+0.057%7-day average −0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$522as in the Funding arb table
Net, price: spread back to 7d avg − costs−$418as in the Price arb table
costs, in and out, $10k−$4364.359% of the position
Funding, last 7 days−0.860%−$86 on $10k
+Price spread, last 7 days−0.859%−$86 · spread now +0.057%, 7d avg −0.124%
=Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and KuCoin is 0.181% dearer against Bybit than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.124%. Mind the row above: over the last 7 days funding on this pair cost −0.860%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TUSDT | 0.005268 | −0.1443 | get 0.0722% / 4h | 1h 15m | $1.6M | $1.6M | 25x |
| Short | KuCoin TUSDTM | 0.005271 | −0.0398 | pay 0.0199% / 4h | 1h 15m | $1.3M | $94K | 12x |
Bybit TUSDT
KuCoin TUSDTMFunding 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
- $219.52
- Price spread: +0.057% → −0.124%
- $18.11
- Slippage, 4 orders
- −$412.94
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$198.3
- Costs to cover
- 4.359%
- Break-even
- 13.3 days
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 10 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, 1 min ago | 3.79 bp | 51.6 bp −$52 | 524.0 bp −$5,240 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 13.26 bp | 178.4 bp −$178 | doesn't fit | doesn't fit | doesn't fit |
T on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TUSD | −0.1863% | 1h | 0.005272 | +0.079% | $4K | $4K | 10x | as long as short |
| Bybit TUSDTlong | −0.1443% | 4h | 0.005268 | long leg | $1.6M | $1.6M | 25x | |
| Variational Omni T | −0.1070% | 4h | 0.005277 | +0.163% | $7K | $6K | — | as long as short |
| Gate T_USDT | −0.1042% | 4h | 0.005281 | +0.247% | $211K | $93K | 20x | as long as short |
| Bitget TUSDT | −0.0904% | 4h | 0.005253 | −0.285% | $896K | $628K | 50x | as long as short |
| Binance TUSDT | −0.0705% | 4h | 0.005266 | −0.038% | $3.2M | $7.8M | 50x | as long as short |
| MEXC T_USDT | −0.0704% | 4h | 0.005264 | −0.076% | $3.1M | $232K | 20x | as long as short |
| KuCoin TUSDTMshort | −0.0398% | 4h | 0.005271 | +0.057% | $1.3M | $94K | 12x |
Kraken Futures PF_TUSD
Variational Omni T
Gate T_USDT
Bitget TUSDT
Binance TUSDT
MEXC T_USDT