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

CP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.147%
Price spread now: KuCoin against Bybit+0.222%7-day average +0.144% · you sell dearer than you buy
Net, funding: paid 7d − costs−$561as in the Funding arb table
Net, price: spread back to 7d avg − costs−$578as in the Price arb table
costs, in and out, $10k−$5865.864% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.254%+$25 on $10k
Price spread, last 7 days+0.072%+$7 · spread now +0.222%, 7d avg +0.144%
Together, before fees+0.326%+$33 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 0.079% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.144%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CPUSDT0.013500.0100pay 0.0050% / 4h1h 47m$1.5M$2.2M20x
ShortKuCoin CPUSDTM0.013530.0100get 0.0050% / 4h1h 47m$199K$958K20x

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: +0.222% → +0.144%
$7.87
Slippage, 4 orders
−$563.36
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$578.49
Costs to cover
5.864%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 27 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, 4 min ago7.41 bp40.0 bp −$40469.2 bp −$4,692doesn't fitdoesn't fit
Sell KuCoin live order book, 27 min ago14.81 bp214.6 bp −$215doesn't fitdoesn't fitdoesn't fit

CP on 8 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
BingX CP-USDT+0.0070%4h0.01351+0.074%$1.0Mas long as short
BloFin CP-USDT+0.0096%4h0.013500.000%$412$36K20xas long as short
Bybit CPUSDTlong+0.0100%4h0.01350long leg$1.5M$2.2M20x
OKX CP-USDT-SWAP+0.0100%4h0.013500.000%$3.7M$10.5M20xas long as short
Gate CP_USDT+0.0100%4h0.01351+0.074%$562K$497K20xas long as short
MEXC CP_USDT+0.0100%4h0.013500.000%$1.5M$366K20xas long as short
KuCoin CPUSDTMshort+0.0100%4h0.01353+0.222%$199K$958K20x
Bitget CPUSDT+0.0100%4h0.01351+0.104%$764K$1.5M20xas long as short