FLUX

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0728%/8h= −79.7% APRnext payment −$3.64 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against KuCoin−0.141%7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,147as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,157as in the Price arb table

costs, in and out, $10k−$1,14611.458% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.141%, 7d avg −0.031%

Together, before fees+0.145%+$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Bybit is 0.110% cheaper against KuCoin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.031%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.014% in total (about -0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.64 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin FLUXUSDTM	0.06374	0.0100	pay 0.0050% / 4h	3h 41m	$208K	$50K	30x
Short	Bybit FLUXUSDT	0.06365	−0.0628	pay 0.0314% / 4h	3h 41m	$306K	$181K	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 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 KuCoinbpFee BybitbpOrdersPrice spread, now −0.141%Rate

Funding earned: −$152.86
Price spread: −0.141% → −0.031%: −$11.01
Slippage, 4 orders: −$1,122.83
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$1,309.7
Costs to cover: 11.458%
Break-even: never at this rate

Slippage from KuCoin: live order book, 50 min ago; Bybit: live order book, 39 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, 50 min ago	32.12 bp	306.7 bp −$307	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 39 min ago	10.26 bp	113.4 bp −$113	doesn't fit	doesn't fit	doesn't fit

FLUX 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
Bybit FLUXUSDTshort	−0.0628%	4h	0.06365	−0.141%	$306K	$181K	20x
Aster FLUXUSDT	−0.0601%	4h	0.06370	−0.061%	$40K	$703	5x	as long as short
Binance FLUXUSDT	+0.0100%	4h	0.06353	−0.332%	$1.2M	$1.4M	50x	as long as short
Gate FLUX_USDT	+0.0100%	4h	0.06369	−0.078%	$48K	$21K	20x	as long as short
MEXC FLUX_USDT	+0.0100%	4h	0.06357	−0.267%	$5.0M	$187K	100x	as long as short
KuCoin FLUXUSDTMlong	+0.0100%	4h	0.06374	long leg	$208K	$50K	30x
Bitget FLUXUSDT	+0.0100%	4h	0.06365	−0.141%	$310K	$125K	50x	as long as short
BingX FLUX-USDT	+0.0100%	4h	0.06351	−0.361%	—	$1.3M	—	as long as short
Variational Omni FLUX	+0.0100%	4h	0.06374	−0.001%	$7K	$262	—	as long as short
BloFin FLUX-USDT	+0.0109%	4h	0.06365	−0.141%	$76K	$11K	50x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_FLUXUSD	+0.4603%	1h	0.06363	−0.172%	$6K	$119	10x	as long as short