Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin−0.154%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$590as in the Funding arb table
Net, price: spread back to 7d avg − costs−$672as in the Price arb table
costs, in and out, $10k−$6576.573% of the position
Funding, last 7 days+0.672%+$67 on $10k
+Price spread, last 4 days (all we have)−0.135%−$13 · spread now −0.154%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.147% cheaper against KuCoin than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AXLUSDTM | 0.05211 | 0.0100 | pay 0.0050% / 4h | 3h 42m | $439K | $72K | 30x |
| Short | Bybit AXLUSDT | 0.05203 | 0.0100 | get 0.0050% / 4h | 3h 42m | $1.5M | $1.2M | 25x |
KuCoin AXLUSDTM
Bybit AXLUSDTFunding 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
- $0
- Price spread: −0.154% → −0.007%
- −$14.65
- Slippage, 4 orders
- −$634.33
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$671.98
- Costs to cover
- 6.573%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 51 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, 51 min ago | 9.63 bp | 204.2 bp −$204 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.80 bp | 33.7 bp −$34 | 801.0 bp −$8,010 | doesn't fit | doesn't fit |
AXL 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX AXL-USDT | +0.0070% | 4h | 0.05205 | −0.115% | — | $2.3M | — | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05204 | −0.141% | $34K | $6K | 5x | as long as short |
| Binance AXLUSDT | +0.0100% | 4h | 0.05201 | −0.192% | $1.8M | $2.8M | 50x | as long as short |
| Bybit AXLUSDTshort | +0.0100% | 4h | 0.05203 | −0.154% | $1.5M | $1.2M | 25x | |
| MEXC AXL_USDT | +0.0100% | 4h | 0.05199 | −0.230% | $318K | $145K | 50x | as long as short |
| KuCoin AXLUSDTMlong | +0.0100% | 4h | 0.05211 | long leg | $439K | $72K | 30x | |
| Bitget AXLUSDT | +0.0100% | 4h | 0.05202 | −0.173% | $561K | $298K | 50x | as long as short |
| Variational Omni AXL | +0.0100% | 4h | 0.05213 | +0.041% | $6K | $23K | — | as long as short |
| BloFin AXL-USDT | +0.0151% | 4h | 0.05214 | +0.058% | $116K | $10K | 50x | as long as short |
BingX AXL-USDT
Aster AXLUSDT
Binance AXLUSDT
MEXC AXL_USDT
Bitget AXLUSDT
Variational Omni AXL
BloFin AXL-USDT