Funding you earn now, next payment 08:00 UTC−0.0099%/8h= −10.8% APRnext payment −$0.99 per $10,000 · paid last 24h +0.014%
Price spread now: Bybit against KuCoin−0.058%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$761as in the Funding arb table
Net, price: spread back to 7d avg − costs−$761as in the Price arb table
costs, in and out, $10k−$7617.608% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days+0.048%+$5 · spread now −0.058%, 7d avg −0.057%
=The price spread sits at its 7-day average of −0.057%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BICOUSDTM | 0.02251 | 0.0406 | pay 0.0406% / 8h | 5h 04m | $1.1M | $1.3M | 20x |
| Short | Bybit BICOUSDT | 0.02250 | 0.0307 | get 0.0307% / 8h | 5h 04m | $2.4M | $3.8M | 20x |
KuCoin BICOUSDTM
Bybit BICOUSDTFunding 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
- −$20.74
- Price spread: −0.058% → −0.057%
- −$0.07
- Slippage, 4 orders
- −$737.85
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$781.66
- Costs to cover
- 7.608%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 11 min ago; Bybit: 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 KuCoin live order book, 11 min ago | 4.41 bp | 493.6 bp −$494 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.66 bp | 47.4 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
BICO 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BICOUSDT | +0.0100% | 8h | 0.02249 | −0.073% | $93K | $20K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02249 | −0.089% | $4.0M | $8.4M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02249 | −0.089% | $1.9M | $5.2M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02248 | −0.133% | $1.8M | $1.1M | 50x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02249 | −0.089% | $637K | $496K | 10x | as long as short |
| Variational Omni BICO | +0.0296% | 8h | 0.02250 | −0.046% | $14K | $8K | — | as long as short |
| Gate BICO_USDT | +0.0297% | 8h | 0.02249 | −0.089% | $379K | $340K | 20x | as long as short |
| Bybit BICOUSDTshort | +0.0307% | 8h | 0.02250 | −0.058% | $2.4M | $3.8M | 20x | |
| BingX BICO-USDT | +0.0342% | 8h | 0.02249 | −0.089% | — | $1.7M | — | as long as short |
| KuCoin BICOUSDTMlong | +0.0406% | 8h | 0.02251 | long leg | $1.1M | $1.3M | 20x |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
Bitget BICOUSDT
Variational Omni BICO
Gate BICO_USDT
BingX BICO-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.7128% | 1h | 0.02270 | +0.843% | $37K | $56K | 20x | as long as short |
Kraken Futures PF_BICOUSD