Funding you earn now, next payment 00:00 UTC+0.0090%/8h= +9.8% APRnext payment +$0.90 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against KuCoin−0.042%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$357as in the Funding arb table
Net, price: spread back to 7d avg − costs−$349as in the Price arb table
costs, in and out, $10k−$3433.433% of the position
Funding, last 7 days−0.133%−$13 on $10k
+Price spread, last 4 days (all we have)+0.115%+$11 · spread now −0.042%, 7d avg +0.019%
=Funding pays, the price is against you. Bybit is 0.061% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.042% now, against its 7-day average of +0.019%). If the spread goes back, that is −$6 on $10k: about 2.3 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.133%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DELLUSDTM | 577.66 | 0.0100 | pay 0.0100% / 8h | 13m 19s | $946K | $33K | 20x |
| Short | Bybit DELLUSDT | 577.42 | 0.0190 | get 0.0190% / 8h | 13m 19s | $6.0M | $3.7M | 50x |
KuCoin DELLUSDTM
Bybit DELLUSDTFunding 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
- $18.87
- Price spread: −0.042% → +0.019%
- −$6.1
- Slippage, 4 orders
- −$320.3
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$330.53
- Costs to cover
- 3.433%
- Break-even
- 129.6 days
Slippage from KuCoin: live order book, 56 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, 56 min ago | 11.30 bp | 205.1 bp −$205 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 1.38 bp | 11.7 bp −$12 | 76.0 bp −$760 | doesn't fit | doesn't fit |
DELL on 20 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 DELLUSDT | 0.0000% | 8h | 577.96 | +0.051% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 577.41 | −0.043% | $4.4M | $8.0M | 50x | as long as short |
| Lighter DELL | +0.0032% | 1h | 577.97 | +0.054% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −1.037% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 577.06 | −0.104% | $7.4M | $7.3M | 10x | as long as short |
| Bitget DELLUSDT | +0.0081% | 8h | 577.62 | −0.007% | $3.4M | $4.6M | 20x | as long as short |
| KuCoin DELLUSDTMlong | +0.0100% | 8h | 577.66 | long leg | $946K | $33K | 20x | |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 578.32 | +0.114% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 577.99 | +0.057% | $18K | $58K | 10x | as long as short |
| Variational Omni DELL | +0.0160% | 8h | 578.07 | +0.071% | $261K | $81K | — | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
Bitget DELLUSDT
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDT
Variational Omni DELLShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX DELLUSDC | +0.0165% | 4h | 577.98 | +0.056% | $5K | $335K | 10x | as long as short |
| Bybit DELLUSDTshort | +0.0190% | 8h | 577.42 | −0.042% | $6.0M | $3.7M | 50x | |
| GRVT DELL_USDT_Perp | +0.0261% | 8h | 578.24 | +0.100% | $705 | $172K | 10x | as long as short |
| BloFin DELL-USDT | +0.0270% | 8h | 577.82 | +0.028% | $320K | $218K | 20x | as long as short |
| Binance DELLUSDT | +0.0287% | 8h | 577.81 | +0.026% | $18.8M | $66.3M | 20x | as long as short |
| Extended DELL-USD | +0.0288% | 1h | 577.70 | +0.007% | $339K | $1.1M | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0338% | 1h | 577.54 | −0.021% | $756 | $23K | 10x | as long as short |
| Phoenix DELL | +0.0570% | 1h | 577.60 | −0.010% | $3K | $280K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0572% | 8h | 577.96 | +0.052% | $5.9M | $6.7M | 20x | as long as short |
| Nado DELL-PERP | +0.0722% | 1h | 577.16 | −0.087% | $69K | $13K | 10x | as long as short |
edgeX DELLUSDC
GRVT DELL_USDT_Perp
BloFin DELL-USDT
Binance DELLUSDT
Extended DELL-USD
Polymarket Perps DELL-USD
Phoenix DELL
OKX DELL-USDT-SWAP
Nado DELL-PERP