Funding arb · Price arb /

ESPORTS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.096%

Price spread now: KuCoin against Bybit−0.098%7-day average −0.262% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,701as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,662as in the Price arb table

costs, in and out, $10k−$1,67816.782% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.231%−$23 on $10k

Price spread, last 4 days (all we have)−0.314%−$31 · spread now −0.098%, 7d avg −0.262%

Together, before fees−0.545%−$55 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 0.163% dearer against Bybit than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.262%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ESPORTSUSDT	0.01017	0.0100	pay 0.0050% / 4h	2h 57m	$1.8M	$1.2M	10x
Short	KuCoin ESPORTSUSDTM	0.01016	0.0100	get 0.0050% / 4h	2h 57m	$756K	$38K	10x

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

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now −0.098%Rate

Funding earned: $0
Price spread: −0.098% → −0.262%: $16.32
Slippage, 4 orders: −$1,655.25
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,661.92
Costs to cover: 16.782%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 67 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 Bybit live order book, 4 min ago	4.90 bp	39.5 bp −$40	764.0 bp −$7,640	doesn't fit	doesn't fit
Sell KuCoin live order book, 67 min ago	19.55 bp	984.2 bp −$984	doesn't fit	doesn't fit	doesn't fit

ESPORTS 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
Aster ESPORTSUSDT	+0.0100%	4h	0.01018	+0.050%	$124K	$93K	5x	as long as short
Binance ESPORTSUSDT	+0.0100%	4h	0.01017	0.000%	$5.7M	$4.6M	10x	as long as short
Bybit ESPORTSUSDTlong	+0.0100%	4h	0.01017	long leg	$1.8M	$1.2M	10x
Gate ESPORTS_USDT	+0.0100%	4h	0.01018	+0.098%	$361K	$548K	10x	as long as short
MEXC ESPORTS_USDT	+0.0100%	4h	0.01017	0.000%	$1.3M	$187K	20x	as long as short
KuCoin ESPORTSUSDTMshort	+0.0100%	4h	0.01016	−0.098%	$756K	$38K	10x
BingX ESPORTS-USDT	+0.0100%	4h	0.01017	0.000%	—	$1.4M	—	as long as short
Variational Omni ESPORTS	+0.0100%	4h	0.01019	+0.227%	$31K	$1K	—	as long as short