Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: Bybit against KuCoin−0.107%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1371.365% of the position
Funding, last 7 days−0.080%−$8 on $10k
+Price spread, last 7 days+0.024%+$2 · spread now −0.107%, 7d avg +0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.109% cheaper against KuCoin than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FUSDTM | 0.003730 | 0.0100 | pay 0.0050% / 4h | 25m 20s | $783K | $1.2M | 30x |
| Short | Bybit FUSDT | 0.003726 | 0.0100 | get 0.0050% / 4h | 25m 20s | $2.4M | $2.4M | 25x |
KuCoin FUSDTM
Bybit FUSDTFunding 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: −0.107% → +0.002%
- −$10.88
- Slippage, 4 orders
- −$113.52
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$147.4
- Costs to cover
- 1.365%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bybit: live order book, 2 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, 5 min ago | 1.34 bp | 41.2 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.34 bp | 15.3 bp −$15 | 128.0 bp −$1,280 | doesn't fit | doesn't fit |
F on 10 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 FUSDT | +0.0100% | 4h | 0.003727 | −0.069% | $15K | $24K | 5x | as long as short |
| Binance FUSDT | +0.0100% | 4h | 0.003725 | −0.139% | $4.0M | $7.2M | 50x | as long as short |
| Bybit FUSDTshort | +0.0100% | 4h | 0.003726 | −0.107% | $2.4M | $2.4M | 25x | |
| OKX F-USDT-SWAP | +0.0100% | 4h | 0.003722 | −0.214% | $752K | $2.2M | 20x | as long as short |
| Gate F_USDT | +0.0100% | 8h | 0.003731 | +0.027% | $218K | $1.4M | 25x | as long as short |
| MEXC F_USDT | +0.0100% | 4h | 0.003725 | −0.134% | $638K | $179K | 50x | as long as short |
| KuCoin FUSDTMlong | +0.0100% | 4h | 0.003730 | long leg | $783K | $1.2M | 30x | |
| Bitget FUSDT | +0.0100% | 4h | 0.003726 | −0.107% | $493K | $950K | 50x | as long as short |
| BingX F-USDT | +0.0100% | 4h | 0.003727 | −0.080% | — | $6.6M | — | as long as short |
| Variational Omni F | +0.0100% | 4h | 0.003727 | −0.092% | $708 | $384 | — | as long as short |
Aster FUSDT
Binance FUSDT
OKX F-USDT-SWAP
Gate F_USDT
MEXC F_USDT
Bitget FUSDT
BingX F-USDT
Variational Omni F