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+0.009%7-day average −0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1491.492% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)−0.064%−$6 · spread now +0.009%, 7d avg −0.071%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.080% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BABAUSDT | 116.85 | 0 | get 0.0000% / 8h | 33m 46s | $2.1M | $718K | 25x |
| Short | KuCoin BABAUSDTM | 116.86 | 0.0100 | get 0.0100% / 8h | 33m 46s | $608K | $383K | 20x |
Bybit BABAUSDT
KuCoin BABAUSDTMFunding 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: +0.009% → −0.071%
- $7.96
- Slippage, 4 orders
- −$126.16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$120.2
- Costs to cover
- 1.492%
- Break-even
- 47.1 days
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 1 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 | 3.85 bp | 17.4 bp −$17 | 103.7 bp −$1,037 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 18.41 bp | 31.0 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
BABA on 22 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 BABAUSDT | 0.0000% | 8h | 116.87 | +0.017% | $68K | $37K | 20x | as long as short |
| Bybit BABAUSDTlong | 0.0000% | 8h | 116.85 | long leg | $2.1M | $718K | 25x | |
| Gate BABA_USDT | 0.0000% | 8h | 116.93 | +0.068% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.94 | +0.077% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.94 | +0.077% | $987 | $3.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.88 | +0.026% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0013% | 8h | 116.71 | −0.120% | $2K | $190K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.96 | +0.094% | $372K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.93 | +0.068% | $435K | $503K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.864% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BABA | +0.0040% | 8h | 116.74 | −0.097% | $336K | $779K | — | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 116.71 | −0.120% | $70K | $140K | 10x | as long as short |
| QFEX BABA-USD | +0.0044% | 1h | 116.90 | +0.043% | $1.3M | $3.0M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.82 | −0.026% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.83 | −0.017% | $11.7M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.86 | +0.009% | $8K | $286K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.64 | −0.180% | $229K | $427K | 10x | as long as short |
| KuCoin BABAUSDTMshort | +0.0100% | 8h | 116.86 | +0.009% | $608K | $383K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.93 | +0.068% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0104% | 1h | 116.93 | +0.067% | $47K | $312K | 10x | as long as short |
| Binance BABAUSDT | +0.0105% | 8h | 116.96 | +0.094% | $15.2M | $32.3M | 20x | as long as short |
| Phoenix BABA | +0.0205% | 1h | 116.69 | −0.137% | $65K | $89K | 10x | as long as short |
Variational Omni BABA
Arcus BABA-USD
QFEX BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA