Funding you earn now, next payment 00:00 UTC+0.0558%/8h= +61.1% APRnext payment +$2.79 per $10,000 · paid last 24h +0.259%
Price spread now: KuCoin against Bybit+0.077%7-day average +0.159% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$372as in the Price arb table
costs, in and out, $10k−$3643.636% of the position
Funding, last 7 days+2.205%+$220 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now +0.077%, 7d avg +0.159%
=Funding pays, the price is against you. KuCoin is 0.082% cheaper against Bybit than usual: you would sell low and buy high (spread +0.077% now, against its 7-day average of +0.159%). If the spread goes back, that is −$8 on $10k: about 12 hours of funding at the current rate (+$17 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LONGXIAUSDT | 0.2385 | 0.0100 | pay 0.0050% / 4h | 1h 05m | $740K | $7.3M | 10x |
| Short | KuCoin LONGXIAUSDTM | 0.2387 | 0.0658 | get 0.0329% / 4h | 1h 05m | $39.0M | $3.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- $117.18
- Price spread: +0.077% → +0.159%
- −$8.21
- Slippage, 4 orders
- −$340.61
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$254.64
- Costs to cover
- 3.636%
- Break-even
- 22.2 days
Slippage from Bybit: live order book, 8 min ago; KuCoin: live order book, 4 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 Bybit live order book, 8 min ago | 8.56 bp | 178.5 bp −$178 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 6.76 bp | 30.4 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
LONGXIA on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX LONGXIA-USDT | +0.0070% | 4h | 0.2386 | +0.021% | — | $2.2M | — | as long as short |
| Bybit LONGXIAUSDTlong | +0.0100% | 4h | 0.2385 | long leg | $740K | $7.3M | 10x | |
| MEXC LONGXIA_USDT | +0.0100% | 4h | 0.2385 | −0.017% | $1.9M | $1.5M | 50x | as long as short |
| KuCoin LONGXIAUSDTMshort | +0.0658% | 4h | 0.2387 | +0.077% | $39.0M | $3.9M | 10x |
Bybit LONGXIAUSDT
KuCoin LONGXIAUSDTM
BingX LONGXIA-USDT
MEXC LONGXIA_USDT