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

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Bybit+0.459%7-day average +0.421% · you sell dearer than you buy
Net, funding: paid 7d − costs−$589as in the Funding arb table
Net, price: spread back to 7d avg − costs−$589as in the Price arb table
costs, in and out, $10k−$5925.925% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 7 days−0.171%−$17 · spread now +0.459%, 7d avg +0.421%
Together, before fees−0.139%−$14 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 0.038% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.421%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DEEPUSDT0.019600.0100pay 0.0100% / 8h3h 26m$4.2M$2.8M50x
ShortKuCoin DEEPUSDTM0.019690.0100get 0.0050% / 4h3h 26m$1.8M$93K20x

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: +0.459% → +0.421%
$3.82
Slippage, 4 orders
−$569.48
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$588.66
Costs to cover
5.925%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago5.11 bp37.8 bp −$38334.3 bp −$3,343doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago17.68 bp223.0 bp −$223doesn't fitdoesn't fitdoesn't fit

DEEP on 12 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
Bluefin DEEP-PERP−0.7621%1h0.01954−0.306%$80K$11K20xas long as short
Binance DEEPUSDT+0.0100%4h0.01966+0.295%$2.1M$6.1M50xas long as short
Bybit DEEPUSDTlong+0.0100%8h0.01960long leg$4.2M$2.8M50x
Gate DEEP_USDT+0.0100%4h0.01964+0.204%$304K$88K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01965+0.255%$1.1M$467K100xas long as short
KuCoin DEEPUSDTMshort+0.0100%4h0.01969+0.459%$1.8M$93K20x
Bitget DEEPUSDT+0.0100%4h0.01966+0.306%$818K$574K50xas long as short
BingX DEEP-USDT+0.0100%4h0.01965+0.255%$6.6Mas long as short
Variational Omni DEEP+0.0100%8h0.01972+0.620%$13K$9Kas long as short
Extended DEEP-USD+0.0104%1h0.01965+0.250%$4K$199K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin DEEP-USDT+0.0108%8h0.01963+0.153%$136K$32K50xas long as short
Kraken Futures PF_DEEPUSD+0.2228%1h0.01964+0.229%$7K$9K10xas long as short