Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against KuCoin−0.067%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$939as in the Funding arb table
Net, price: spread back to 7d avg − costs−$917as in the Price arb table
costs, in and out, $10k−$9109.098% of the position
Funding, last 7 days−0.294%−$29 on $10k
+Price spread, last 4 days (all we have)+0.144%+$14 · spread now −0.067%, 7d avg +0.009%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.076% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.009%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ALABUSDTM | 344.34 | 0.0100 | pay 0.0100% / 8h | 5h 50m | $343K | $32K | 20x |
| Short | Bybit ALABUSDT | 344.11 | 0 | get 0.0000% / 8h | 5h 50m | $474K | $429K | 25x |
KuCoin ALABUSDTM
Bybit ALABUSDTFunding 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
- −$21
- Price spread: −0.067% → +0.009%
- −$7.55
- Slippage, 4 orders
- −$886.79
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$938.35
- Costs to cover
- 9.098%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 47 min ago; Bybit: live order book, 5 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, 47 min ago | 11.51 bp | 303.1 bp −$303 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 9.15 bp | 30.3 bp −$30 | 204.7 bp −$2,047 | doesn't fit | doesn't fit |
ALAB on 12 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 ALABUSDT | 0.0000% | 8h | 344.04 | −0.087% | $1.4M | $4.3M | 20x | as long as short |
| Bybit ALABUSDTshort | 0.0000% | 8h | 344.11 | −0.067% | $474K | $429K | 25x | |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 344.29 | −0.015% | $595K | $472K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 344.40 | +0.017% | $506K | $302K | 20x | as long as short |
| Bitget ALABUSDT | 0.0000% | 8h | 344.14 | −0.058% | $213K | $153K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 344.79 | +0.130% | $94K | $76K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 344.22 | −0.035% | $1.7M | $214K | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 344.00 | −0.099% | $12K | — | 10x | as long as short |
| QFEX ALAB-USD | +0.0041% | 1h | 344.09 | −0.073% | $1.1M | $4.5M | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 344.19 | −0.044% | — | — | 5x | as long as short |
Binance ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Bitget ALABUSDT
Variational Omni ALAB
Phemex ALABUSDT
Extended ALAB_24_5-USD
QFEX ALAB-USD
Vest ALAB-USD-PERPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALABUSDTMlong | +0.0100% | 8h | 344.34 | long leg | $343K | $32K | 20x | |
| HTX ALAB-USDT | +0.0100% | 8h | 343.49 | −0.247% | $759 | $376K | 10x | as long as short |
HTX ALAB-USDT