Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit+0.085%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$315as in the Funding arb table
Net, price: spread back to 7d avg − costs−$323as in the Price arb table
costs, in and out, $10k−$3233.229% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)−0.394%−$39 · spread now +0.085%, 7d avg +0.090%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WUSDT | 0.01180 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $4.1M | $2.1M | 50x |
| Short | KuCoin WUSDTM | 0.01181 | 0.0100 | get 0.0050% / 4h | 3h 30m | $425K | $246K | 50x |
Bybit WUSDT
KuCoin WUSDTMFunding 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
- $0
- Price spread: +0.085% → +0.090%
- −$0.57
- Slippage, 4 orders
- −$299.87
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$323.44
- Costs to cover
- 3.229%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 12 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, 3 min ago | 4.66 bp | 30.4 bp −$30 | 188.8 bp −$1,888 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 12 min ago | 8.55 bp | 106.9 bp −$107 | 350.8 bp −$3,508 | doesn't fit | doesn't fit |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0257% | 1h | 0.01182 | +0.144% | $18K | $531 | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.458% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01182 | +0.169% | $2.0M | $476K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01181 | +0.093% | $3.0M | $7.9M | 50x | as long as short |
| Bybit WUSDTlong | +0.0100% | 4h | 0.01180 | long leg | $4.1M | $2.1M | 50x | |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01180 | +0.017% | $1.3M | $2.3M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01180 | +0.008% | $447K | $313K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01182 | +0.178% | $13.1M | $1.8M | 50x | as long as short |
| KuCoin WUSDTMshort | +0.0100% | 4h | 0.01181 | +0.085% | $425K | $246K | 50x | |
| Bitget WUSDT | +0.0100% | 4h | 0.01183 | +0.254% | $1.3M | $560K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
OKX W-USDT-SWAP
Gate W_USDT
MEXC W_USDT
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01181 | +0.102% | — | $7.0M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01181 | +0.087% | $71K | $42K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01181 | +0.103% | $134K | $422K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01181 | +0.091% | $59K | $276K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0248% | 1h | 0.01184 | +0.373% | $14K | $19K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.0317% | 1h | 0.01184 | +0.347% | $44K | $52K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1057% | 1h | 0.01184 | +0.319% | $147K | $189K | 20x | as long as short |
BingX W-USDT
Variational Omni W
GRVT W_USDT_Perp
Extended W-USD
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD