Funding you earn now, next payment 08:00 UTC−0.0960%/8h= −105.1% APRnext payment −$4.80 per $10,000 · paid last 24h +0.161%
Price spread now: KuCoin against Bybit+0.055%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2322.320% of the position
Funding, last 7 days+0.280%+$28 on $10k
+Price spread, last 7 days−0.112%−$11 · spread now +0.055%, 7d avg +0.096%
=Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and KuCoin is 0.041% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.096%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.280%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.280% in total (about 14.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.80 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 | Bybit MUBARAKUSDT | 0.05286 | 0.1600 | pay 0.0800% / 4h | 3h 18m | $4.8M | $13.7M | 25x |
| Short | KuCoin MUBARAKUSDTM | 0.05289 | 0.0640 | get 0.0320% / 4h | 3h 18m | $2.0M | $1.3M | 30x |
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
- −$201.5
- Price spread: +0.055% → +0.096%
- −$4.11
- Slippage, 4 orders
- −$208.99
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$437.6
- Costs to cover
- 2.320%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; KuCoin: 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 Bybit live order book, 5 min ago | 1.84 bp | 46.9 bp −$47 | 152.1 bp −$1,521 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 8.75 bp | 102.0 bp −$102 | doesn't fit | doesn't fit | doesn't fit |
MUBARAK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.05291 | +0.096% | $3.6M | $73.6M | 20x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.05120 | −3.136% | $13K | $58K | — | as long as short |
| Kraken Futures PF_MUBARAKUSD | +0.0211% | 1h | 0.05158 | −2.425% | $59K | $480K | 10x | as long as short |
| MEXC MUBARAK_USDT | +0.0292% | 4h | 0.05287 | +0.017% | $1.2M | $1.7M | 50x | as long as short |
| Binance MUBARAKUSDT | +0.0293% | 4h | 0.05292 | +0.112% | $21.4M | $110.3M | 25x | as long as short |
| Bitget MUBARAKUSDT | +0.0534% | 4h | 0.05300 | +0.263% | $3.5M | $8.8M | 25x | as long as short |
| Aster MUBARAKUSDT | +0.0601% | 4h | 0.05284 | −0.039% | $16K | $538K | 5x | as long as short |
| KuCoin MUBARAKUSDTMshort | +0.0640% | 4h | 0.05289 | +0.055% | $2.0M | $1.3M | 30x | |
| BingX MUBARAK-USDT | +0.1566% | 4h | 0.05311 | +0.471% | — | $3.3M | — | as long as short |
| Bybit MUBARAKUSDTlong | +0.1600% | 4h | 0.05286 | long leg | $4.8M | $13.7M | 25x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.2980% | 4h | 0.05316 | +0.566% | $8.9M | $6.2M | 50x | as long as short |
Bybit MUBARAKUSDT
KuCoin MUBARAKUSDTM
OKX MUBARAK-USDT-SWAP
Variational Omni MUBARAK
Kraken Futures PF_MUBARAKUSD
MEXC MUBARAK_USDT
Binance MUBARAKUSDT
Bitget MUBARAKUSDT
Aster MUBARAKUSDT
BingX MUBARAK-USDT
Gate MUBARAK_USDT