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: KuCoin against Bybit−0.094%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$305as in the Funding arb table
Net, price: spread back to 7d avg − costs−$338as in the Price arb table
costs, in and out, $10k−$3283.280% of the position
Funding, last 7 days+0.229%+$23 on $10k
+Price spread, last 4 days (all we have)+0.184%+$18 · spread now −0.094%, 7d avg +0.003%
=Funding pays, the price is against you. KuCoin is 0.097% cheaper against Bybit than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of +0.003%). If the spread goes back, that is −$10 on $10k: about 3.2 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AMATUSDT | 470.05 | 0 | get 0.0000% / 8h | 5h 23m | $898K | $656K | 25x |
| Short | KuCoin AMATUSDTM | 469.61 | 0.0100 | get 0.0100% / 8h | 5h 23m | $412K | $482K | 20x |
Funding 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
- $21
- Price spread: −0.094% → +0.003%
- −$9.68
- Slippage, 4 orders
- −$305.04
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$316.72
- Costs to cover
- 3.280%
- Break-even
- 112.6 days
Slippage from Bybit: live order book, 36 min ago; KuCoin: live order book, 74 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, 36 min ago | 3.73 bp | 29.7 bp −$30 | 114.8 bp −$1,148 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 74 min ago | 9.29 bp | 128.1 bp −$128 | doesn't fit | doesn't fit | doesn't fit |
AMAT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AMATUSDT | 0.0000% | 8h | 469.89 | −0.035% | $10K | $11K | 20x | as long as short |
| Bybit AMATUSDTlong | 0.0000% | 8h | 470.05 | long leg | $898K | $656K | 25x | |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 469.98 | −0.015% | $1.4M | $1.6M | 20x | as long as short |
| Bitget AMATUSDT | 0.0000% | 8h | 470.13 | +0.017% | $2.1M | $1.7M | 20x | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 469.94 | −0.023% | $188 | $100K | 10x | as long as short |
| Vest AMAT-USD-PERP | +0.0046% | 1h | 469.73 | −0.068% | — | — | 10x | as long as short |
| tradeXYZ xyz:AMAT | +0.0050% | 1h | 469.91 | −0.030% | $2.6M | $2.3M | 10x | as long as short |
| Variational Omni AMAT | +0.0095% | 8h | 469.88 | −0.035% | $65K | $44K | — | as long as short |
| KuCoin AMATUSDTMshort | +0.0100% | 8h | 469.61 | −0.094% | $412K | $482K | 20x | |
| SunX AMAT-USDT | +0.0100% | 8h | 470.53 | +0.102% | $993 | $365K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX AMAT-USDT | +0.0100% | 8h | 471.09 | +0.221% | $171K | $40K | 20x | as long as short |
| BloFin AMAT-USDT | +0.0138% | 8h | 469.73 | −0.068% | $110K | $91K | 20x | as long as short |
| Binance AMATUSDT | +0.0158% | 8h | 470.08 | +0.006% | $8.9M | $12.6M | 20x | as long as short |
| Extended AMAT-USD | +0.0160% | 1h | 469.89 | −0.034% | $5K | $27K | 10x | as long as short |
| Phoenix AMAT | +0.0204% | 1h | 470.04 | −0.002% | $19K | $110K | 10x | as long as short |
| Gate AMAT_USDT | +0.0252% | 8h | 469.80 | −0.053% | $1.7M | $6.4M | 50x | as long as short |
Bybit AMATUSDT
KuCoin AMATUSDTM
Aster AMATUSDT
OKX AMAT-USDT-SWAP
Bitget AMATUSDT
GRVT AMAT_USDT_Perp
tradeXYZ xyz:AMAT
Variational Omni AMAT
SunX AMAT-USDT
HTX AMAT-USDT
BloFin AMAT-USDT
Binance AMATUSDT
Extended AMAT-USD
Phoenix AMAT
Gate AMAT_USDT