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: 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
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−0.111%−$11 · spread now −0.147%, 7d avg −0.143%
Together, before fees−0.365%−$37 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CPUSDTM0.013620.0100pay 0.0050% / 4h20m 23s$190K$928K20x
ShortBybit CPUSDT0.013600.0100get 0.0050% / 4h20m 23s$1.5M$2.3M20x

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 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: −0.147% → −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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 49 min ago10.99 bp175.9 bp −$176doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago7.34 bp18.8 bp −$19236.7 bp −$2,367doesn'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%4h0.01361−0.073%$1.0Mas long as short
BloFin CP-USDT+0.0082%4h0.01358−0.294%$413$37K20xas long as short
Bybit CPUSDTshort+0.0100%4h0.01360−0.147%$1.5M$2.3M20x
OKX CP-USDT-SWAP+0.0100%4h0.01360−0.147%$3.7M$10.7M20xas long as short
Gate CP_USDT+0.0100%4h0.01360−0.147%$565K$512K20xas long as short
MEXC CP_USDT+0.0100%4h0.01360−0.147%$1.5M$363K20xas long as short
KuCoin CPUSDTMlong+0.0100%4h0.01362long leg$190K$928K20x
Bitget CPUSDT+0.0100%4h0.01361−0.110%$791K$1.5M20xas long as short