Funding you earn now, next payment 08:00 UTC−0.0262%/8h= −28.7% APRnext payment −$1.31 per $10,000 · paid last 24h −0.001%
Price spread now: KuCoin against Bybit0.000%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$418as in the Funding arb table
Net, price: spread back to 7d avg − costs−$409as in the Price arb table
costs, in and out, $10k−$4124.116% of the position
Funding, last 7 days−0.065%−$7 on $10k
+Price spread, last 7 days−0.030%−$3 · spread now 0.000%, 7d avg −0.029%
=The price spread pays, funding is against you. KuCoin is 0.029% dearer against Bybit than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.029%): +$3 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.065% in total) that is about 3.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.065% in total (about -3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.31 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 BANKUSDT | 0.03475 | 0.0362 | pay 0.0181% / 4h | 45m 59s | $3.0M | $6.6M | 20x |
| Short | KuCoin BANKUSDTM | 0.03475 | 0.0100 | get 0.0050% / 4h | 45m 59s | $1.2M | $189K | 50x |
Bybit BANKUSDT
KuCoin BANKUSDTMFunding 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
- −$55.08
- Price spread: 0.000% → −0.029%
- $2.9
- Slippage, 4 orders
- −$388.64
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$463.82
- Costs to cover
- 4.116%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 9 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 | 1.43 bp | 22.9 bp −$23 | 235.4 bp −$2,354 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 10.06 bp | 187.9 bp −$188 | 803.5 bp −$8,035 | doesn't fit | doesn't fit |
BANK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BANK_USDT | +0.0100% | 4h | 0.03479 | +0.115% | $722K | $1.3M | 10x | as long as short |
| KuCoin BANKUSDTMshort | +0.0100% | 4h | 0.03475 | 0.000% | $1.2M | $189K | 50x | |
| HTX BANK-USDT | +0.0100% | 4h | 0.03483 | +0.230% | $40K | $228K | 20x | as long as short |
| Aster BANKUSDT | +0.0118% | 4h | 0.03477 | +0.046% | $56K | $96K | 5x | as long as short |
| Binance BANKUSDT | +0.0165% | 4h | 0.03474 | −0.029% | $7.6M | $31.5M | 50x | as long as short |
| MEXC BANK_USDT | +0.0172% | 4h | 0.03471 | −0.115% | $2.5M | $486K | 20x | as long as short |
| edgeX BANKUSDC | +0.0190% | 4h | 0.03480 | +0.145% | $1K | $247K | 5x | as long as short |
| Bybit BANKUSDTlong | +0.0362% | 4h | 0.03475 | long leg | $3.0M | $6.6M | 20x | |
| BingX BANK-USDT | +0.0392% | 4h | 0.03478 | +0.086% | — | $6.9M | — | as long as short |
| Bitget BANKUSDT | +0.0402% | 4h | 0.03471 | −0.115% | $2.8M | $3.6M | 25x | as long as short |
Gate BANK_USDT
HTX BANK-USDT
Aster BANKUSDT
Binance BANKUSDT
MEXC BANK_USDT
edgeX BANKUSDC
BingX BANK-USDT
Bitget BANKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BANK-USDT | +0.0413% | 4h | 0.03485 | +0.288% | $441K | $91K | 50x | as long as short |
BloFin BANK-USDT