Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against Bybit−0.289%7-day average −0.131% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,367as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,391as in the Price arb table
costs, in and out, $10k−$1,37513.751% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 7 days+0.198%+$20 · spread now −0.289%, 7d avg −0.131%
=Funding pays, the price is against you. KuCoin is 0.159% cheaper against Bybit than usual: you would sell low and buy high (spread −0.289% now, against its 7-day average of −0.131%). If the spread goes back, that is −$16 on $10k: about 5.3 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.079% in total) that is about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TTWOUSDT | 210.80 | 0 | get 0.0000% / 8h | 1h 24m | $1.8M | $210K | 25x |
| Short | KuCoin TTWOUSDTM | 210.19 | 0.0100 | get 0.0100% / 8h | 1h 24m | $94K | $1.0M | 20x |
Bybit TTWOUSDT
KuCoin TTWOUSDTMFunding 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: −0.289% → −0.131%
- −$15.88
- Slippage, 4 orders
- −$1,352.05
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,369.93
- Costs to cover
- 13.751%
- Break-even
- 463.6 days
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 10 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, 2 min ago | 7.35 bp | 59.3 bp −$59 | 212.0 bp −$2,120 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 13.08 bp | 190.7 bp −$191 | doesn't fit | doesn't fit | doesn't fit |
TTWO on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX TTWO-USD | −0.0004% | 1h | 210.56 | −0.114% | $1.2M | $2.7M | 10x | as long as short |
| Binance TTWOUSDT | 0.0000% | 8h | 210.57 | −0.110% | $2.3M | $985K | 25x | as long as short |
| Bybit TTWOUSDTlong | 0.0000% | 8h | 210.80 | long leg | $1.8M | $210K | 25x | |
| OKX TTWO-USDT-SWAP | 0.0000% | 8h | 210.87 | +0.033% | $326K | $82K | 25x | as long as short |
| Gate TTWO_USDT | 0.0000% | 8h | 210.50 | −0.142% | $715K | $13K | 20x | as long as short |
| Bitget TTWOUSDT | 0.0000% | 8h | 210.55 | −0.119% | $895K | $94K | 20x | as long as short |
| Variational Omni TTWO | 0.0000% | 8h | 210.56 | −0.115% | $81K | $56K | — | as long as short |
| Lighter TTWO | +0.0032% | 1h | 209.66 | −0.541% | — | — | 5x | as long as short |
| Extended TTWO-USD | +0.0040% | 1h | 209.89 | −0.432% | $75K | $2K | 10x | as long as short |
| Ondo Perps TTWO-USD.P | +0.0050% | 1h | 210.40 | −0.190% | $327K | $209K | 10x | as long as short |
QFEX TTWO-USD
Binance TTWOUSDT
OKX TTWO-USDT-SWAP
Gate TTWO_USDT
Bitget TTWOUSDT
Variational Omni TTWO
Lighter TTWO
Extended TTWO-USD
Ondo Perps TTWO-USD.PShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TTWOUSDTMshort | +0.0100% | 8h | 210.19 | −0.289% | $94K | $1.0M | 20x | |
| HTX TTWO-USDT | +0.0100% | 8h | 210.60 | −0.095% | $3K | $39K | 10x | as long as short |
| Paragon para:TTWO | +0.1555% | 1h | 210.03 | −0.365% | $1.1M | $156K | 10x | as long as short |
HTX TTWO-USDT
Paragon para:TTWO