Funding you earn now, next payment 12:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.23 per $10,000 · paid last 24h +0.016%
Price spread now: Bybit against KuCoin+0.135%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$966as in the Funding arb table
Net, price: spread back to 7d avg − costs−$957as in the Price arb table
costs, in and out, $10k−$9749.742% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)−0.350%−$35 · spread now +0.135%, 7d avg −0.040%
=The price spread pays, funding is against you. Bybit is 0.175% dearer against KuCoin than usual: you sell high and buy low (spread +0.135% now, against its 7-day average of −0.040%): +$18 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. Mind the row above: over the last 7 days funding on this pair paid +0.077%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SPACEUSDTM | 0.005181 | 0.0146 | pay 0.0073% / 4h | 3h 35m | $663K | $99K | 20x |
| Short | Bybit SPACEUSDT | 0.005188 | 0.0100 | get 0.0050% / 4h | 3h 35m | $807K | $187K | 13x |
KuCoin SPACEUSDTM
Bybit SPACEUSDTFunding 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
- −$9.66
- Price spread: +0.135% → −0.040%
- $17.51
- Slippage, 4 orders
- −$951.17
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$966.33
- Costs to cover
- 9.742%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 68 min ago; Bybit: live order book, 59 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, 68 min ago | 17.35 bp | 279.6 bp −$280 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 59 min ago | 5.82 bp | 252.0 bp −$252 | doesn't fit | doesn't fit | doesn't fit |
SPACE on 9 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 SPACEUSDT | +0.0100% | 4h | 0.005195 | +0.270% | $1.9M | $2.3M | 50x | as long as short |
| Bybit SPACEUSDTshort | +0.0100% | 4h | 0.005188 | +0.135% | $807K | $187K | 13x | |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.005182 | +0.019% | $1.6M | $1.3M | 20x | as long as short |
| Gate SPACE_USDT | +0.0100% | 4h | 0.005188 | +0.135% | $779K | $319K | 20x | as long as short |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.005196 | +0.290% | $477K | $169K | 20x | as long as short |
| Bitget SPACEUSDT | +0.0100% | 4h | 0.005178 | −0.058% | $908K | $275K | 20x | as long as short |
| BloFin SPACE-USDT | +0.0122% | 4h | 0.005207 | +0.502% | $163K | $12K | 50x | as long as short |
| KuCoin SPACEUSDTMlong | +0.0146% | 4h | 0.005181 | long leg | $663K | $99K | 20x | |
| Aster SPACEUSDT | +0.1474% | 4h | 0.005193 | +0.232% | $17K | $37K | 5x | as long as short |
Binance SPACEUSDT
OKX SPACE-USDT-SWAP
Gate SPACE_USDT
MEXC SPACE_USDT
Bitget SPACEUSDT
BloFin SPACE-USDT
Aster SPACEUSDT