Funding you earn now, next payment 08:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.62 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin+0.096%7-day average −0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$291as in the Funding arb table
Net, price: spread back to 7d avg − costs−$268as in the Price arb table
costs, in and out, $10k−$2862.856% of the position
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 7 days+0.064%+$6 · spread now +0.096%, 7d avg −0.084%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.180% dearer against KuCoin than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.084%. Mind the row above: over the last 7 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FLOCKUSDTM | 0.07261 | 0.0100 | pay 0.0050% / 4h | 3h 25m | $1.2M | $805K | 20x |
| Short | Bybit FLOCKUSDT | 0.07268 | 0.0224 | get 0.0112% / 4h | 3h 25m | $3.3M | $13.3M | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $26.01
- Price spread: +0.096% → −0.084%
- $18
- Slippage, 4 orders
- −$262.57
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$241.55
- Costs to cover
- 2.856%
- Break-even
- 72.0 days
Slippage from KuCoin: live order book, 5 min ago; Bybit: live order book, 3 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 | 11.00 bp | 193.2 bp −$193 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.75 bp | 18.7 bp −$19 | 101.5 bp −$1,015 | doesn't fit | doesn't fit |
FLOCK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin FLOCK-USDT | +0.0049% | 4h | 0.07279 | +0.248% | $267K | $89K | 50x | as long as short |
| Binance FLOCKUSDT | +0.0100% | 4h | 0.07273 | +0.163% | $5.7M | $39.4M | 50x | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0100% | 4h | 0.07275 | +0.193% | $692K | $14.2M | 20x | as long as short |
| Gate FLOCK_USDT | +0.0100% | 8h | 0.07264 | +0.041% | $753K | $1.7M | 50x | as long as short |
| MEXC FLOCK_USDT | +0.0100% | 4h | 0.07274 | +0.179% | $312K | $282K | 100x | as long as short |
| KuCoin FLOCKUSDTMlong | +0.0100% | 4h | 0.07261 | long leg | $1.2M | $805K | 20x | |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07266 | +0.069% | $1.1M | $2.2M | 20x | as long as short |
| BingX FLOCK-USDT | +0.0100% | 4h | 0.07266 | +0.069% | — | $6.7M | — | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07268 | +0.099% | $169K | $320K | — | as long as short |
| Bybit FLOCKUSDTshort | +0.0224% | 4h | 0.07268 | +0.096% | $3.3M | $13.3M | 20x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.1090% | 4h | 0.07285 | +0.324% | $1.6M | $3.7M | 5x | as long as short |
KuCoin FLOCKUSDTM
Bybit FLOCKUSDT
BloFin FLOCK-USDT
Binance FLOCKUSDT
OKX FLOCK-USDT-SWAP
Gate FLOCK_USDT
MEXC FLOCK_USDT
Bitget FLOCKUSDT
BingX FLOCK-USDT
Variational Omni FLOCK
Aster FLOCKUSDT