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: Bybit against KuCoin−0.147%7-day average −0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs−$437as in the Funding arb table
Net, price: spread back to 7d avg − costs−$412as in the Price arb table
costs, in and out, $10k−$4124.117% of the position
Funding, last 7 days−0.254%−$25 on $10k
+Price spread, last 7 days−0.111%−$11 · spread now −0.147%, 7d avg −0.143%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CPUSDTM | 0.01362 | 0.0100 | pay 0.0050% / 4h | 20m 23s | $190K | $928K | 20x |
| Short | Bybit CPUSDT | 0.01360 | 0.0100 | get 0.0050% / 4h | 20m 23s | $1.5M | $2.3M | 20x |
Funding 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
- $0
- Price spread: −0.147% → −0.143%
- −$0.42
- Slippage, 4 orders
- −$388.71
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$412.13
- Costs to cover
- 4.117%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 49 min ago; Bybit: live order book, 1 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, 49 min ago | 10.99 bp | 175.9 bp −$176 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 7.34 bp | 18.8 bp −$19 | 236.7 bp −$2,367 | doesn't fit | doesn't fit |
CP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDT | +0.0070% | 4h | 0.01361 | −0.073% | — | $1.0M | — | as long as short |
| BloFin CP-USDT | +0.0082% | 4h | 0.01358 | −0.294% | $413 | $37K | 20x | as long as short |
| Bybit CPUSDTshort | +0.0100% | 4h | 0.01360 | −0.147% | $1.5M | $2.3M | 20x | |
| OKX CP-USDT-SWAP | +0.0100% | 4h | 0.01360 | −0.147% | $3.7M | $10.7M | 20x | as long as short |
| Gate CP_USDT | +0.0100% | 4h | 0.01360 | −0.147% | $565K | $512K | 20x | as long as short |
| MEXC CP_USDT | +0.0100% | 4h | 0.01360 | −0.147% | $1.5M | $363K | 20x | as long as short |
| KuCoin CPUSDTMlong | +0.0100% | 4h | 0.01362 | long leg | $190K | $928K | 20x | |
| Bitget CPUSDT | +0.0100% | 4h | 0.01361 | −0.110% | $791K | $1.5M | 20x | as long as short |
KuCoin CPUSDTM
Bybit CPUSDT
BingX CP-USDT
BloFin CP-USDT
OKX CP-USDT-SWAP
Gate CP_USDT
MEXC CP_USDT
Bitget CPUSDT