Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: KuCoin against Bybit−0.007%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$1951.954% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 7 days+0.118%+$12 · spread now −0.007%, 7d avg +0.029%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.036% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit APEUSDT | 0.1468 | 0.0100 | pay 0.0100% / 8h | 7h 50m | $3.6M | $2.7M | 50x |
| Short | KuCoin APEUSDTM | 0.1468 | 0.0100 | get 0.0100% / 8h | 7h 50m | $1.8M | $2.2M | 50x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.007% → +0.029%
- −$3.6
- Slippage, 4 orders
- −$172.43
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$199.03
- Costs to cover
- 1.954%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 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, 2 min ago | 2.73 bp | 23.5 bp −$24 | 48.2 bp −$482 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 6.81 bp | 79.7 bp −$80 | 339.3 bp −$3,393 | doesn't fit | doesn't fit |
APE 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APEUSD | −0.0211% | 1h | 0.1469 | +0.077% | $408K | $601K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1470 | +0.112% | $1K | — | 100x | as long as short |
| dYdX APE-USD | 0.0000% | 1h | 0.1469 | +0.037% | $9K | $5 | 5x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.880% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUAL | 0.0000% | 1h | 0.1470 | +0.129% | $11K | $18K | 25x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.137% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0090% | 8h | 0.1471 | +0.198% | $221K | $49K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1469 | +0.054% | $1.3M | $370K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1468 | +0.004% | $122K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1468 | −0.007% | $4.1M | $6.2M | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APEUSDTlong | +0.0100% | 8h | 0.1468 | long leg | $3.6M | $2.7M | 50x | |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1468 | −0.034% | $1.3M | $1.4M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1469 | +0.041% | $633K | $292K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1468 | −0.007% | $4.1M | $926K | 50x | as long as short |
| KuCoin APEUSDTMshort | +0.0100% | 8h | 0.1468 | −0.007% | $1.8M | $2.2M | 50x | |
| Bitget APEUSDT | +0.0100% | 8h | 0.1469 | +0.061% | $2.1M | $553K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1469 | +0.061% | — | $13.0M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1469 | +0.090% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1468 | −0.029% | $4K | $221K | 10x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0840% | 1h | 0.1474 | +0.402% | $99K | $7K | 25x | as long as short |
Bybit APEUSDT
KuCoin APEUSDTM
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Deribit APE_USDC-PERPETUAL
Injective APE/USDC PERP
BloFin APE-USDT
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Coinbase International APE-PERP-INTX