Funding you earn now, next payment 04:00 UTC+0.1244%/8h= +136.2% APRnext payment +$6.22 per $10,000 · paid last 24h +0.004%
Price spread now: Bybit against KuCoin+0.174%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$640as in the Funding arb table
Net, price: spread back to 7d avg − costs−$623as in the Price arb table
costs, in and out, $10k−$6376.373% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 7 days+0.056%+$6 · spread now +0.174%, 7d avg +0.029%
=Both sides work for this trade now. Funding pays +$37 a day on $10k at the current rate, and Bybit is 0.145% dearer against KuCoin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.029%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.026% in total (about -1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.22 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 LAUSDTM | 0.07457 | −0.1144 | get 0.0572% / 4h | 1h 56m | $1.0M | $87K | 30x |
| Short | Bybit LAUSDT | 0.07470 | 0.0100 | get 0.0050% / 4h | 1h 56m | $2.4M | $2.7M | 25x |
KuCoin LAUSDTM
Bybit LAUSDTFunding 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
- $261.24
- Price spread: +0.174% → +0.029%
- $14.51
- Slippage, 4 orders
- −$614.29
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$361.55
- Costs to cover
- 6.373%
- Break-even
- 16.7 days
Slippage from KuCoin: live order book, 3 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 3 min ago | 7.40 bp | 193.1 bp −$193 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.01 bp | 20.3 bp −$20 | 126.7 bp −$1,267 | doesn't fit | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LAUSDTMlong | −0.1144% | 4h | 0.07457 | long leg | $1.0M | $87K | 30x | |
| Gate LA_USDT | −0.1060% | 4h | 0.07462 | +0.067% | $240K | $816K | 50x | as long as short |
| Aster LAUSDT | −0.0704% | 4h | 0.07469 | +0.159% | $52K | $24K | 5x | as long as short |
| OKX LA-USDT-SWAP | −0.0675% | 4h | 0.07463 | +0.080% | $1.3M | $3.1M | 20x | as long as short |
| BingX LA-USDT | −0.0644% | 4h | 0.07462 | +0.067% | — | $6.6M | — | as long as short |
| Bitget LAUSDT | −0.0634% | 4h | 0.07463 | +0.080% | $2.1M | $515K | 25x | as long as short |
| MEXC LA_USDT | −0.0560% | 4h | 0.07465 | +0.107% | $380K | $136K | 50x | as long as short |
| Binance LAUSDT | −0.0559% | 4h | 0.07466 | +0.123% | $4.7M | $9.7M | 25x | as long as short |
| Bybit LAUSDTshort | +0.0100% | 4h | 0.07470 | +0.174% | $2.4M | $2.7M | 25x | |
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07431 | −0.350% | $140K | $489K | 10x | as long as short |
Gate LA_USDT
Aster LAUSDT
OKX LA-USDT-SWAP
BingX LA-USDT
Bitget LAUSDT
MEXC LA_USDT
Binance LAUSDT
GRVT LA_USDT_Perp