Settings8H · net · $10k
Funding arb · Price arb /

B

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.037%
Price spread now: KuCoin against Bybit−0.080%7-day average +0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,027as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,052as in the Price arb table
costs, in and out, $10k−$1,03110.307% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.034%+$3 on $10k
Price spread, last 7 days−0.069%−$7 · spread now −0.080%, 7d avg +0.137%
Together, before fees−0.035%−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.217% cheaper against Bybit than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.137%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BUSDT0.20080.0100pay 0.0050% / 4h3h 19m$1.8M$995K13x
ShortKuCoin BUSDTM0.20060.0100get 0.0050% / 4h3h 19m$1.9M$81K10x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.080% → +0.137%
−$21.71
Slippage, 4 orders
−$1,007.67
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,052.38
Costs to cover
10.307%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago4.24 bp241.4 bp −$2413491.2 bp −$34.9Kdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago24.90 bp252.1 bp −$252doesn't fitdoesn't fitdoesn't fit

B on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BUSDTlong+0.0100%4h0.2008long leg$1.8M$995K13x
Gate B_USDT+0.0100%4h0.2009+0.065%$3.4M$637K20xas long as short
KuCoin BUSDTMshort+0.0100%4h0.2006−0.080%$1.9M$81K10x
BloFin B-USDT+0.0198%4h0.2017+0.463%$598K$38K20xas long as short
MEXC B_USDT+0.0238%4h0.2011+0.164%$968K$376K100xas long as short
Extended B-USD+0.0240%1h0.2009+0.088%$15K$221K5xas long as short
Binance BUSDT+0.0241%4h0.2012+0.220%$11.6M$2.0M20xas long as short
edgeX BUSDC+0.0252%4h0.2007−0.051%$3K$389K5xas long as short
BingX B-USDT+0.0308%4h0.2014+0.314%$1.3Mas long as short
Bitget BUSDT+0.0314%4h0.2012+0.214%$2.8M$305K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.0909%4h0.2011+0.144%$1.9M$224K5xas long as short