Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.017%
Price spread now: Bybit against KuCoin+0.170%7-day average +0.211% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,741as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,739as in the Price arb table
costs, in and out, $10k−$1,73517.348% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)−0.075%−$7 · spread now +0.170%, 7d avg +0.211%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.040% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.211%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GWEIUSDTM | 0.02347 | 0.0100 | pay 0.0050% / 4h | 1h 47m | $462K | $36K | 20x |
| Short | Bybit GWEIUSDT | 0.02351 | 0.0101 | get 0.0051% / 4h | 1h 47m | $391K | $273K | 25x |
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
- $0.22
- Price spread: +0.170% → +0.211%
- −$4.01
- Slippage, 4 orders
- −$1,711.78
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,738.57
- Costs to cover
- 17.348%
- Break-even
- 55730.6 days
Slippage from KuCoin: live order book, 71 min ago; Bybit: live order book, 52 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, 71 min ago | 31.63 bp | 813.5 bp −$814 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 52 min ago | 2.17 bp | 234.2 bp −$234 | doesn't fit | doesn't fit | doesn't fit |
GWEI 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GWEI_USDT | +0.0100% | 4h | 0.02343 | −0.183% | $396K | $575K | 10x | as long as short |
| KuCoin GWEIUSDTMlong | +0.0100% | 4h | 0.02347 | long leg | $462K | $36K | 20x | |
| Variational Omni GWEI | +0.0100% | 4h | 0.02347 | +0.005% | $5K | $1K | — | as long as short |
| Bybit GWEIUSDTshort | +0.0101% | 4h | 0.02351 | +0.170% | $391K | $273K | 25x | |
| Extended GWEI-USD | +0.0168% | 1h | 0.02351 | +0.155% | $4K | $229K | 5x | as long as short |
| MEXC GWEI_USDT | +0.0168% | 4h | 0.02349 | +0.085% | $130K | $92K | 20x | as long as short |
| Binance GWEIUSDT | +0.0168% | 4h | 0.02350 | +0.128% | $2.5M | $5.3M | 50x | as long as short |
| BloFin GWEI-USDT | +0.0221% | 4h | 0.02345 | −0.085% | $165K | $41K | 50x | as long as short |
| BingX GWEI-USDT | +0.0506% | 4h | 0.02349 | +0.085% | — | $1.6M | — | as long as short |
| Bitget GWEIUSDT | +0.0524% | 4h | 0.02346 | −0.043% | $1.9M | $474K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.0782% | 4h | 0.02344 | −0.137% | $19K | $32K | 10x | as long as short |
KuCoin GWEIUSDTM
Bybit GWEIUSDT
Gate GWEI_USDT
Variational Omni GWEI
Extended GWEI-USD
MEXC GWEI_USDT
Binance GWEIUSDT
BloFin GWEI-USDT
BingX GWEI-USDT
Bitget GWEIUSDT
Aster GWEIUSDT