Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.30 per $10,000 · paid last 24h +0.020%
Price spread now: KuCoin against Bybit−0.023%7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$560.558% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 7 days+0.075%+$8 · spread now −0.023%, 7d avg +0.054%
=Funding pays, the price is against you. KuCoin is 0.076% cheaper against Bybit than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of +0.054%). If the spread goes back, that is −$8 on $10k: about 8.5 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BCHUSDT | 264.70 | −0.0110 | get 0.0110% / 8h | 14m 12s | $38.9M | $30.9M | 75x |
| Short | KuCoin BCHUSDTM | 264.64 | −0.0080 | pay 0.0080% / 8h | 14m 12s | $8.5M | $6.3M | 75x |
Bybit BCHUSDT
KuCoin BCHUSDTMFunding 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
- $6.24
- Price spread: −0.023% → +0.054%
- −$7.62
- Slippage, 4 orders
- −$32.79
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$57.17
- Costs to cover
- 0.558%
- Break-even
- 71.1 days
Slippage from Bybit: live order book, 5 min ago; KuCoin: 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 Bybit live order book, 5 min ago | 1.89 bp | 10.3 bp −$10 | 17.5 bp −$175 | 63.4 bp −$6,345 | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 2.46 bp | 15.1 bp −$15 | 51.0 bp −$510 | doesn't fit | doesn't fit |
BCH on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USD | −0.0322% | 1h | 264.72 | +0.008% | $2K | $8K | 10x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0219% | 1h | 264.95 | +0.095% | $860K | $2.7M | 50x | as long as short |
| Phemex BCHUSDT | −0.0162% | 8h | 264.78 | +0.030% | $4.9M | $6.5M | 50x | as long as short |
| Variational Omni BCH | −0.0133% | 8h | 264.41 | −0.110% | $81K | $196K | — | as long as short |
| Bybit BCHUSDTlong | −0.0110% | 8h | 264.70 | long leg | $38.9M | $30.9M | 75x | |
| KuCoin BCHUSDTMshort | −0.0080% | 8h | 264.64 | −0.023% | $8.5M | $6.3M | 75x | |
| HTX BCH-USDT | −0.0080% | 8h | 264.78 | +0.030% | $775K | $1.4M | 75x | as long as short |
| Bitget BCHUSDT | −0.0078% | 8h | 264.67 | −0.011% | $19.1M | $27.1M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0066% | 8h | 264.70 | 0.000% | $25.2M | $76.4M | 50x | as long as short |
| Binance BCHUSDT | −0.0051% | 8h | 264.74 | +0.015% | $73.0M | $212.4M | 75x | as long as short |
SoDEX BCH-USD
Kraken Futures PF_BCHUSD
Phemex BCHUSDT
Variational Omni BCH
HTX BCH-USDT
Bitget BCHUSDT
OKX BCH-USDT-SWAP
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0051% | 8h | 265.09 | +0.147% | $70.7M | $8.9M | 200x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 264.59 | −0.042% | $112K | $912K | 25x | as long as short |
| BingX BCH-USDC | −0.0041% | 8h | 264.82 | +0.045% | — | $6.5M | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0041% | 8h | 264.72 | +0.008% | $386K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0026% | 8h | 264.88 | +0.068% | $8.3M | $13.6M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 264.85 | +0.056% | $15K | — | 150x | as long as short |
| Pacifica BCH | −0.0003% | 1h | 264.69 | −0.005% | $159K | $293K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 264.81 | +0.041% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.10 | +0.151% | $997K | $9.7M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 264.96 | +0.099% | $427K | $348K | 25x | as long as short |
| Aster BCHUSDT | +0.0014% | 8h | 264.61 | −0.033% | $136K | $564K | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.078% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 264.82 | +0.045% | $2K | — | 10x | as long as short |
| BloFin BCH-USDT | +0.0069% | 8h | 264.46 | −0.091% | $3.5M | $4.5M | 50x | as long as short |
| Nado BCH-PERP | +0.0078% | 1h | 264.55 | −0.057% | $434K | $350K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0088% | 1h | 265.02 | +0.121% | $246K | $1.9M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.81 | +0.042% | $353K | $469K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.01 | +0.117% | $5.7M | $4.6M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.55 | −0.057% | $19K | $345K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 264.83 | +0.049% | $95K | $242K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 264.48 | −0.083% | $2K | $1.6M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 264.47 | −0.087% | $12K | — | 100x | as long as short |
MEXC BCH_USDT
Extended BCH-USD
BingX BCH-USDC
GRVT BCH_USDT_Perp
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
Pacifica BCH
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Aster BCHUSDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
BloFin BCH-USDT
Nado BCH-PERP
Coinbase International BCH-PERP-INTX
Lighter BCH
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]