Funding you earn now, next payment 20:00 UTC−0.0380%/8hnext payment −$1.90 per $10,000 · paid last 24h −0.030%
Price spread now: KuCoin against Bybit+0.008%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$842as in the Funding arb table
Net, price: spread back to 7d avg − costs−$837as in the Price arb table
costs, in and out, $10k−$8398.393% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 7 days+0.032%+$3 · spread now +0.008%, 7d avg −0.014%
=The price spread pays, funding is against you. KuCoin is 0.021% dearer against Bybit than usual: you sell high and buy low (spread +0.008% now, against its 7-day average of −0.014%): +$2 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.024% in total) that is about 6.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.024% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.90 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit UAIUSDT | 0.3890 | 0.0100 | pay 0.0050% / 4h | 21m 34s | $3.5M | $30.2M | 20x |
| Short | KuCoin UAIUSDTM | 0.3890 | −0.0280 | pay 0.0140% / 4h | 21m 34s | $1.9M | $3.3M | 50x |
Bybit UAIUSDT
KuCoin UAIUSDTMFunding 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
- −$79.8
- Price spread: +0.008% → −0.014%
- $2.13
- Slippage, 4 orders
- −$816.27
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$916.95
- Costs to cover
- 8.393%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 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, 2 min ago | 3.86 bp | 55.7 bp −$56 | 602.6 bp −$6,026 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 17.47 bp | 411.6 bp −$412 | doesn't fit | doesn't fit | doesn't fit |
UAI 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 UAIUSDTMshort | −0.0280% | 4h | 0.3890 | +0.008% | $1.9M | $3.3M | 50x | |
| Gate UAI_USDT | −0.0018% | 8h | 0.3891 | +0.023% | $2.2M | $10.1M | 50x | as long as short |
| BloFin UAI-USDT | +0.0096% | 4h | 0.3897 | +0.183% | $885K | $1.4M | 50x | as long as short |
| Binance UAIUSDT | +0.0100% | 4h | 0.3894 | +0.105% | $12.9M | $130.8M | 50x | as long as short |
| Bybit UAIUSDTlong | +0.0100% | 4h | 0.3890 | long leg | $3.5M | $30.2M | 20x | |
| MEXC UAI_USDT | +0.0100% | 4h | 0.3893 | +0.080% | $2.1M | $8.2M | 50x | as long as short |
| Bitget UAIUSDT | +0.0100% | 4h | 0.3893 | +0.077% | $4.0M | $10.7M | 25x | as long as short |
| BingX UAI-USDT | +0.0100% | 4h | 0.3891 | +0.028% | — | $11.4M | — | as long as short |
| Variational Omni UAI | +0.0100% | 4h | 0.3881 | −0.229% | $15K | $78K | — | as long as short |
| edgeX UAIUSDC | +0.0118% | 4h | 0.3891 | +0.035% | $14K | $364K | 10x | as long as short |
Gate UAI_USDT
BloFin UAI-USDT
Binance UAIUSDT
MEXC UAI_USDT
Bitget UAIUSDT
BingX UAI-USDT
Variational Omni UAI
edgeX UAIUSDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster UAIUSDT | +0.0215% | 4h | 0.3904 | +0.350% | $2.3M | $977K | 5x | as long as short |
Aster UAIUSDT