Funding you earn now, next payment 08:00 UTC−0.0234%/8h= −25.6% APRnext payment −$1.17 per $10,000 · paid last 24h −0.158%
Price spread now: Bybit against KuCoin+0.136%7-day average +0.266% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,373as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,408as in the Price arb table
costs, in and out, $10k−$1,39513.947% of the position
Funding, last 7 days+0.218%+$22 on $10k
+Price spread, last 4 days (all we have)+0.352%+$35 · spread now +0.136%, 7d avg +0.266%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 0.131% cheaper against KuCoin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.266%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.218%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ESPORTSUSDTM | 0.01033 | 0.0334 | pay 0.0167% / 4h | 3h 16m | $776K | $39K | 10x |
| Short | Bybit ESPORTSUSDT | 0.01034 | 0.0100 | get 0.0050% / 4h | 3h 16m | $1.8M | $1.1M | 10x |
KuCoin ESPORTSUSDTM
Bybit ESPORTSUSDTFunding 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
- −$49.14
- Price spread: +0.136% → +0.266%
- −$13.07
- Slippage, 4 orders
- −$1,371.69
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,456.9
- Costs to cover
- 13.947%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; Bybit: live order book, 5 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, 8 min ago | 19.38 bp | 594.6 bp −$595 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.84 bp | 42.3 bp −$42 | 668.5 bp −$6,685 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPORTSUSDTshort | +0.0100% | 4h | 0.01034 | +0.136% | $1.8M | $1.1M | 10x | |
| Variational Omni ESPORTS | +0.0100% | 4h | 0.01033 | +0.031% | $31K | $507 | — | as long as short |
| KuCoin ESPORTSUSDTMlong | +0.0334% | 4h | 0.01033 | long leg | $776K | $39K | 10x | |
| Aster ESPORTSUSDT | +0.0886% | 4h | 0.01034 | +0.097% | $126K | $89K | 5x | as long as short |
| Gate ESPORTS_USDT | +0.1134% | 4h | 0.01036 | +0.290% | $372K | $571K | 10x | as long as short |
| BingX ESPORTS-USDT | +0.1254% | 4h | 0.01035 | +0.194% | — | $1.4M | — | as long as short |
| MEXC ESPORTS_USDT | +0.1282% | 4h | 0.01033 | 0.000% | $1.4M | $192K | 20x | as long as short |
| Binance ESPORTSUSDT | +0.1310% | 4h | 0.01034 | +0.097% | $5.8M | $4.6M | 10x | as long as short |
Variational Omni ESPORTS
Aster ESPORTSUSDT
Gate ESPORTS_USDT
BingX ESPORTS-USDT
MEXC ESPORTS_USDT
Binance ESPORTSUSDT