COST

Alert: funding

Alert: spread

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−0.014%7-day average −0.066% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,436as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,447as in the Price arb table

costs, in and out, $10k−$1,45214.525% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.165%+$16 on $10k

Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.014%, 7d avg −0.066%

Together, before fees+0.161%+$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.052% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.066%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit COSTUSDT	898.83	0	get 0.0000% / 8h	4h 33m	$490K	$219K	25x
Short	KuCoin COSTUSDTM	898.70	0.0100	get 0.0100% / 8h	4h 33m	$48K	$880K	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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now −0.014%Rate

Funding earned: $21
Price spread: −0.014% → −0.066%: $5.16
Slippage, 4 orders: −$1,429.47
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,426.31
Costs to cover: 14.525%
Break-even: 482.4 days

Slippage from Bybit: live order book, 16 min ago; KuCoin: live order book, 6 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, 16 min ago	8.06 bp	17.0 bp −$17	47.8 bp −$478	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	16.69 bp	312.8 bp −$313	doesn't fit	doesn't fit	doesn't fit

COST on 15 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 COSTUSDT	0.0000%	8h	899.10	+0.030%	$45K	$178	20x	as long as short
Bybit COSTUSDTlong	0.0000%	8h	898.83	long leg	$490K	$219K	25x
Gate COST_USDT	0.0000%	8h	899.29	+0.051%	$521K	$7K	25x	as long as short
Bitget COSTUSDT	0.0000%	8h	899.09	+0.029%	$403K	$77K	25x	as long as short
Variational Omni COST	0.0000%	8h	899.13	+0.033%	$41K	$17K	—	as long as short
SunX COST-USDT	0.0000%	8h	898.70	−0.014%	$1K	$2.9M	10x	as long as short
HTX COST-USDT	0.0000%	8h	901.13	+0.256%	$10K	$42K	10x	as long as short
OKX COST-USDT-SWAP	+0.0002%	8h	898.81	−0.002%	$447K	$108K	10x	as long as short
QFEX COST-USD	+0.0004%	1h	899.27	+0.049%	$1.1M	$2.7M	10x	as long as short
Binance COSTUSDT	+0.0009%	8h	899.08	+0.027%	$1.1M	$930K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective COST/USDC PERP	+0.0033%	1h	891.98	−0.762%	$2K	$28K	12x	as long as short
Extended COST-USD	+0.0040%	1h	898.25	−0.065%	—	—	10x	as long as short
Vest COST-USD-PERP	+0.0046%	1h	898.75	−0.009%	—	—	25x	as long as short
tradeXYZ xyz:COST	+0.0050%	1h	898.89	+0.007%	$1.8M	$518K	20x	as long as short
KuCoin COSTUSDTMshort	+0.0100%	8h	898.70	−0.014%	$48K	$880K	20x