Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.066%
Price spread now: Bybit against KuCoin−0.095%7-day average +0.135% · you buy dearer than you sell
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$283as in the Price arb table
costs, in and out, $10k−$2602.600% of the position
Funding, last 7 days+0.718%+$72 on $10k
+Price spread, last 7 days+1.052%+$105 · spread now −0.095%, 7d avg +0.135%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.230% cheaper against KuCoin than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.135%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TUSDTM | 0.005252 | 0.0100 | pay 0.0050% / 4h | 2h 48m | $1.4M | $84K | 12x |
| Short | Bybit TUSDT | 0.005247 | 0.0100 | get 0.0050% / 4h | 2h 48m | $1.6M | $1.5M | 25x |
KuCoin TUSDTM
Bybit TUSDTFunding 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: −0.095% → +0.135%
- −$23.01
- Slippage, 4 orders
- −$237.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$283.03
- Costs to cover
- 2.600%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Bybit: live order book, 2 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, 2 min ago | 11.45 bp | 107.4 bp −$107 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.95 bp | 16.4 bp −$16 | 228.2 bp −$2,282 | 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 | −0.1697% | 1h | 0.005263 | +0.202% | $4K | $4K | 10x | as long as short |
| Gate T_USDT | −0.0168% | 4h | 0.005259 | +0.133% | $216K | $83K | 20x | as long as short |
| Bitget TUSDT | −0.0032% | 4h | 0.005241 | −0.209% | $898K | $528K | 50x | as long as short |
| Variational Omni T | +0.0035% | 4h | 0.005237 | −0.294% | $7K | $6K | — | as long as short |
| MEXC T_USDT | +0.0070% | 4h | 0.005250 | −0.038% | $3.2M | $222K | 20x | as long as short |
| Binance TUSDT | +0.0076% | 4h | 0.005248 | −0.074% | $3.3M | $7.0M | 50x | as long as short |
| Bybit TUSDTshort | +0.0100% | 4h | 0.005247 | −0.095% | $1.6M | $1.5M | 25x | |
| KuCoin TUSDTMlong | +0.0100% | 4h | 0.005252 | long leg | $1.4M | $84K | 12x |
Kraken Futures PF_TUSD
Gate T_USDT
Bitget TUSDT
Variational Omni T
MEXC T_USDT
Binance TUSDT