Funding you earn now, next payment 00:00 UTC−0.0174%/8h= −19.0% APRnext payment −$0.87 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit−0.191%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2182.183% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)+0.337%+$34 · spread now −0.191%, 7d avg −0.050%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.141% cheaper against Bybit than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.050%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000RATSUSDT | 0.00004180 | 0.0706 | pay 0.0353% / 4h | 3h 30m | $4.2M | $908K | 20x |
| Short | KuCoin 1000RATSUSDTM | 0.00004172 | 0.0532 | get 0.0266% / 4h | 3h 30m | $622K | $79K | 30x |
Bybit 1000RATSUSDT
KuCoin 1000RATSUSDTMFunding 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
- −$36.45
- Price spread: −0.191% → −0.050%
- −$14.13
- Slippage, 4 orders
- −$195.26
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$268.84
- Costs to cover
- 2.183%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 12 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, 2 min ago | 3.59 bp | 59.1 bp −$59 | 301.3 bp −$3,013 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 12 min ago | 8.41 bp | 53.5 bp −$53 | 877.8 bp −$8,778 | doesn't fit | doesn't fit |
RATS 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate RATS_USDT | +0.0100% | 4h | 0.00004164 | −0.383% | $2.4M | $418K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004179 | −0.024% | $1.5M | $331K | 25x | as long as short |
| KuCoin 1000RATSUSDTMshort | +0.0532% | 4h | 0.00004172 | −0.191% | $622K | $79K | 30x | |
| Bybit 1000RATSUSDTlong | +0.0706% | 4h | 0.00004180 | long leg | $4.2M | $908K | 20x | |
| BingX RATS-USDT | +0.0876% | 4h | 0.00004177 | −0.072% | — | $1.2M | — | as long as short |
| edgeX 1000RATSUSDC | +0.0915% | 4h | 0.00004181 | +0.018% | $33K | $292K | 10x | as long as short |
| BloFin 1000RATS-USDT | +0.0935% | 4h | 0.00004190 | +0.239% | $1.0M | $7K | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.0954% | 4h | 0.00004181 | +0.024% | $802K | $182K | 125x | as long as short |
| Binance 1000RATSUSDT | +0.0954% | 4h | 0.00004182 | +0.048% | $11.0M | $2.0M | 40x | as long as short |
| Aster 1000RATSUSDT | +0.1501% | 4h | 0.00004172 | −0.191% | $19K | $14K | 5x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
BingX RATS-USDT
edgeX 1000RATSUSDC
BloFin 1000RATS-USDT
MEXC 1000RATS_USDT
Binance 1000RATSUSDT
Aster 1000RATSUSDT