Funding you earn now, next payment 04:00 UTC−0.0300%/8h= −32.9% APRnext payment −$1.50 per $10,000 · paid last 24h −0.286%
Price spread now: Bybit against KuCoin−0.135%7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$614as in the Funding arb table
Net, price: spread back to 7d avg − costs−$394as in the Price arb table
costs, in and out, $10k−$3973.971% of the position
Funding, last 7 days−2.174%−$217 on $10k
+Price spread, last 7 days+0.115%+$11 · spread now −0.135%, 7d avg −0.161%
=The price spread pays, funding is against you. Bybit is 0.026% dearer against KuCoin than usual: you sell high and buy low (spread −0.135% now, against its 7-day average of −0.161%): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−2.174% in total) that is about 2 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LONGXIAUSDTM | 0.2156 | 0.1004 | pay 0.0502% / 4h | 20m 05s | $35.0M | $4.3M | 10x |
| Short | Bybit LONGXIAUSDT | 0.2153 | 0.0704 | get 0.0352% / 4h | 20m 05s | $763K | $7.3M | 10x |
KuCoin LONGXIAUSDTM
Bybit LONGXIAUSDTFunding 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
- −$63.08
- Price spread: −0.135% → −0.161%
- $2.63
- Slippage, 4 orders
- −$374.07
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$457.52
- Costs to cover
- 3.971%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 3 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, 4 min ago | 3.93 bp | 48.8 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.62 bp | 120.7 bp −$121 | 752.6 bp −$7,526 | 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 | 0.2153 | −0.140% | — | $2.2M | — | as long as short |
| MEXC LONGXIA_USDT | +0.0100% | 4h | 0.2154 | −0.070% | $1.6M | $1.5M | 50x | as long as short |
| Bybit LONGXIAUSDTshort | +0.0704% | 4h | 0.2153 | −0.135% | $763K | $7.3M | 10x | |
| KuCoin LONGXIAUSDTMlong | +0.1004% | 4h | 0.2156 | long leg | $35.0M | $4.3M | 10x |
BingX LONGXIA-USDT
MEXC LONGXIA_USDT