Settings8H · net · $10k
Funding arb · Price arb /

RE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin−0.072%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1421.425% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.118%−$12 on $10k
Price spread, last 7 days+0.071%+$7 · spread now −0.072%, 7d avg −0.032%
Together, before fees−0.047%−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.040% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin REUSDTM0.47250.0100pay 0.0050% / 4h2h 01m$1.4M$998K20x
ShortBybit REUSDT0.47220.0100get 0.0050% / 4h2h 01m$1.5M$1.4M20x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.072% → −0.032%
−$4.02
Slippage, 4 orders
−$119.46
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$146.48
Costs to cover
1.425%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Bybit: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 3 min ago4.45 bp32.1 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago1.06 bp32.8 bp −$33doesn't fitdoesn't fitdoesn't fit

RE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) RE/USDL −0.0025% / S +0.0026%1h0.4722−0.066%150xas long as short
BloFin RE-USDT+0.0088%4h0.4725−0.008%$368K$72K50xas long as short
Aster REUSDT+0.0100%4h0.4725−0.005%$36K$28K20xas long as short
Binance REUSDT+0.0100%4h0.4723−0.052%$8.4M$9.2M50xas long as short
Bybit REUSDTshort+0.0100%4h0.4722−0.072%$1.5M$1.4M20x
OKX RE-USDT-SWAP+0.0100%4h0.4722−0.068%$1.9M$4.0M20xas long as short
Gate RE_USDT+0.0100%4h0.4722−0.068%$424K$995K20xas long as short
MEXC RE_USDT+0.0100%4h0.4723−0.051%$1.2M$453K50xas long as short
KuCoin REUSDTMlong+0.0100%4h0.4725long leg$1.4M$998K20x
Bitget REUSDT+0.0100%4h0.4724−0.025%$1.8M$698K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RE-USDT+0.0100%4h0.4718−0.157%$1.7Mas long as short
edgeX REUSDC+0.0100%4h0.4718−0.155%$8K$221K10xas long as short
Orderly PERP_RE_USDC_mythos+0.0100%4h0.4723−0.051%$4K10xas long as short
Extended RE-USD+0.0104%1h0.4722−0.069%$8005xas long as short