Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.015%
Price spread now: Bybit against KuCoin−0.144%7-day average +0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$487as in the Funding arb table
Net, price: spread back to 7d avg − costs−$502as in the Price arb table
costs, in and out, $10k−$4784.784% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)+0.144%+$14 · spread now −0.144%, 7d avg +0.089%
=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 +0.089%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MASKUSDTM | 0.4853 | 0.0100 | pay 0.0050% / 4h | 3h 05m | $598K | $173K | 50x |
| Short | Bybit MASKUSDT | 0.4846 | 0.0100 | get 0.0050% / 4h | 3h 05m | $1.3M | $1.0M | 50x |
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
- Price spread: −0.144% → +0.089%
- −$23.36
- Slippage, 4 orders
- −$455.44
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$501.8
- Costs to cover
- 4.784%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 48 min ago; Bybit: live order book, 6 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, 48 min ago | 13.40 bp | 174.8 bp −$175 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 3.09 bp | 39.8 bp −$40 | 98.3 bp −$983 | doesn't fit | doesn't fit |
MASK 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MASKUSDT | +0.0100% | 4h | 0.4849 | −0.080% | $2.6M | $5.5M | 50x | as long as short |
| Bybit MASKUSDTshort | +0.0100% | 4h | 0.4846 | −0.144% | $1.3M | $1.0M | 50x | |
| OKX MASK-USDT-SWAP | +0.0100% | 8h | 0.4847 | −0.124% | $505K | $1.4M | 20x | as long as short |
| Gate MASK_USDT | +0.0100% | 8h | 0.4851 | −0.041% | $279K | $301K | 50x | as long as short |
| MEXC MASK_USDT | +0.0100% | 8h | 0.4849 | −0.082% | $1.1M | $329K | 50x | as long as short |
| KuCoin MASKUSDTMlong | +0.0100% | 4h | 0.4853 | long leg | $598K | $173K | 50x | |
| Bitget MASKUSDT | +0.0100% | 4h | 0.4855 | +0.041% | $519K | $360K | 50x | as long as short |
| BingX MASK-USDT | +0.0100% | 4h | 0.4848 | −0.103% | — | $2.3M | — | as long as short |
| Variational Omni MASK | +0.0100% | 4h | 0.4844 | −0.194% | $23K | $21 | — | as long as short |
| BloFin MASK-USDT | +0.0120% | 4h | 0.4848 | −0.103% | $129K | $15K | 50x | as long as short |
KuCoin MASKUSDTM
Bybit MASKUSDT
Binance MASKUSDT
OKX MASK-USDT-SWAP
Gate MASK_USDT
MEXC MASK_USDT
Bitget MASKUSDT
BingX MASK-USDT
Variational Omni MASK
BloFin MASK-USDT