B2

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0839%/8h= +91.9% APRnext payment +$4.20 per $10,000 · paid last 24h +0.036%

Price spread now: KuCoin against Bybit+0.061%7-day average −0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$209as in the Funding arb table

Net, price: spread back to 7d avg − costs−$191as in the Price arb table

costs, in and out, $10k−$2002.002% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.092%−$9 on $10k

Price spread, last 4 days (all we have)−0.258%−$26 · spread now +0.061%, 7d avg −0.030%

Together, before fees−0.349%−$35 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and KuCoin is 0.091% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.030%. Mind the row above: over the last 7 days funding on this pair cost −0.092%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.092% in total (about -4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit B2USDT	0.4889	0.1113	pay 0.0556% / 4h	1h 06m	$1.5M	$2.7M	20x
Short	KuCoin B2USDTM	0.4892	0.1952	get 0.0976% / 4h	1h 06m	$1.0M	$322K	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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now +0.061%Rate

Funding earned: $176.25
Price spread: +0.061% → −0.030%: $9.11
Slippage, 4 orders: −$177.16
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$14.8
Costs to cover: 2.002%
Break-even: 7.6 days

Slippage from Bybit: live order book, 6 min ago; KuCoin: live order book, 3 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, 6 min ago	2.05 bp	42.7 bp −$43	643.5 bp −$6,435	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	6.13 bp	41.0 bp −$41	doesn't fit	doesn't fit	doesn't fit

B2 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
MEXC B2_USDT	+0.0906%	4h	0.4887	−0.041%	$553K	$541K	100x	as long as short
Binance B2USDT	+0.0908%	4h	0.4888	−0.020%	$7.8M	$13.0M	50x	as long as short
Aster B2USDT	+0.1019%	4h	0.4887	−0.041%	$153K	$187K	5x	as long as short
Bybit B2USDTlong	+0.1113%	4h	0.4889	long leg	$1.5M	$2.7M	20x
BingX B2-USDT	+0.1372%	4h	0.4889	0.000%	—	$1.4M	—	as long as short
Bitget B2USDT	+0.1438%	4h	0.4878	−0.225%	$2.7M	$1.4M	50x	as long as short
KuCoin B2USDTMshort	+0.1952%	4h	0.4892	+0.061%	$1.0M	$322K	50x
Variational Omni B2	+0.2025%	4h	0.4871	−0.361%	$13K	$2K	—	as long as short
Gate B2_USDT	+0.2872%	4h	0.4898	+0.184%	$859K	$441K	20x	as long as short