Funding you earn now, next payment 12:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.29 per $10,000 · paid last 24h −0.087%
Price spread now: Bybit against KuCoin+0.035%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$677as in the Funding arb table
Net, price: spread back to 7d avg − costs−$617as in the Price arb table
costs, in and out, $10k−$6256.247% of the position
Funding, last 7 days−0.524%−$52 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now +0.035%, 7d avg −0.043%
=The price spread pays, funding is against you. Bybit is 0.078% dearer against KuCoin than usual: you sell high and buy low (spread +0.035% now, against its 7-day average of −0.043%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.5 days. At the pace of the last 7 days (−0.524% in total) that is about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin 4USDTM | 0.02007 | 0.0158 | pay 0.0079% / 4h | 3h 33m | $892K | $12.2M | 20x |
| Short | Bybit 4USDT | 0.02008 | 0.0100 | get 0.0050% / 4h | 3h 33m | $2.6M | $2.1M | 5x |
KuCoin 4USDTM
Bybit 4USDTFunding 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
- −$12.18
- Price spread: +0.035% → −0.043%
- $7.82
- Slippage, 4 orders
- −$601.67
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$629.03
- Costs to cover
- 6.247%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bybit: live order book, 4 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, 5 min ago | 2.45 bp | 330.0 bp −$330 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.73 bp | 141.7 bp −$142 | 595.8 bp −$5,958 | doesn't fit | doesn't fit |
4 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit 4USDTshort | +0.0100% | 4h | 0.02008 | +0.035% | $2.6M | $2.1M | 5x | |
| Variational Omni 4 | +0.0100% | 4h | 0.02025 | +0.913% | $49K | $12K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02011 | +0.199% | $1K | $1.5M | 20x | as long as short |
| Gate 4_USDT | +0.0150% | 4h | 0.02011 | +0.219% | $550K | $331K | 20x | as long as short |
| KuCoin 4USDTMlong | +0.0158% | 4h | 0.02007 | long leg | $892K | $12.2M | 20x | |
| Aster 4USDT | +0.0273% | 4h | 0.02009 | +0.110% | $238K | $117K | 5x | as long as short |
| MEXC 4_USDT | +0.0374% | 4h | 0.02011 | +0.199% | $1.8M | $969K | 100x | as long as short |
| Binance 4USDT | +0.0376% | 4h | 0.02011 | +0.215% | $7.9M | $14.4M | 20x | as long as short |
| BingX 4-USDT | +0.0396% | 4h | 0.02016 | +0.458% | — | $1.4M | — | as long as short |
Variational Omni 4
SunX 4-USDT
Gate 4_USDT
Aster 4USDT
MEXC 4_USDT
Binance 4USDT
BingX 4-USDT