Settings8H · net · $10k
Funding arb · Price arb /

ID

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%
Price spread now: Bybit against KuCoin−0.132%7-day average +0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$629as in the Funding arb table
Net, price: spread back to 7d avg − costs−$651as in the Price arb table
costs, in and out, $10k−$6286.275% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 7 days+0.045%+$5 · spread now −0.132%, 7d avg +0.102%
Together, before fees+0.028%+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.234% cheaper against KuCoin than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.102%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin IDUSDTM0.037860.0100pay 0.0050% / 4h1h 55m$1.1M$66K30x
ShortBybit IDUSDT0.037810.0100get 0.0100% / 8h5h 55m$1.4M$1.1M25x

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

Funding earned
$0
Price spread: −0.132% → +0.102%
−$23.41
Slippage, 4 orders
−$604.53
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$650.94
Costs to cover
6.275%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 4 min ago13.23 bp160.6 bp −$161doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago3.96 bp25.8 bp −$26523.9 bp −$5,239doesn't fitdoesn't fit

ID on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster IDUSDT+0.0100%4h0.03782−0.096%$9K$1475xas long as short
Binance IDUSDT+0.0100%4h0.03779−0.185%$2.4M$3.7M50xas long as short
Bybit IDUSDTshort+0.0100%8h0.03781−0.132%$1.4M$1.1M25x
Gate ID_USDT+0.0100%4h0.03782−0.106%$250K$241K25xas long as short
MEXC ID_USDT+0.0100%4h0.03775−0.291%$411K$184K20xas long as short
KuCoin IDUSDTMlong+0.0100%4h0.03786long leg$1.1M$66K30x
Bitget IDUSDT+0.0100%4h0.03780−0.158%$804K$631K50xas long as short
BingX ID-USDT+0.0100%4h0.03777−0.238%$2.3Mas long as short
Variational Omni ID+0.0100%8h0.03796+0.274%$12K$20Kas long as short
Kraken Futures PF_IDUSD+0.0628%1h0.03778−0.209%$4K$2K10xas long as short