Funding you earn now, next payment 08:00 UTC−0.0184%/8h= −20.1% APRnext payment −$0.92 per $10,000 · paid last 24h −0.034%
Price spread now: KuCoin against Bybit+0.071%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$627as in the Funding arb table
Net, price: spread back to 7d avg − costs−$612as in the Price arb table
costs, in and out, $10k−$6226.224% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 7 days−0.063%−$6 · spread now +0.071%, 7d avg −0.029%
=The price spread pays, funding is against you. KuCoin is 0.100% dearer against Bybit than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of −0.029%): +$10 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 43 hours. At the pace of the last 7 days (−0.042% in total) that is about 17 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.042% in total (about -2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.92 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 UAIUSDT | 0.3667 | 0.0100 | pay 0.0050% / 4h | 3h 07m | $3.3M | $31.0M | 20x |
| Short | KuCoin UAIUSDTM | 0.3669 | −0.0084 | pay 0.0042% / 4h | 3h 07m | $1.7M | $3.2M | 50x |
Bybit UAIUSDT
KuCoin UAIUSDTMFunding 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
- −$38.64
- Price spread: +0.071% → −0.029%
- $9.96
- Slippage, 4 orders
- −$599.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$651.04
- Costs to cover
- 6.224%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 5 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, 1 min ago | 4.11 bp | 46.2 bp −$46 | 619.8 bp −$6,198 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 21.58 bp | 444.9 bp −$445 | doesn't fit | doesn't fit | doesn't fit |
UAI 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin UAIUSDTMshort | −0.0084% | 4h | 0.3669 | +0.071% | $1.7M | $3.2M | 50x | |
| Aster UAIUSDT | +0.0100% | 4h | 0.3672 | +0.151% | $2.2M | $1.0M | 5x | as long as short |
| Binance UAIUSDT | +0.0100% | 4h | 0.3673 | +0.172% | $12.1M | $135.4M | 50x | as long as short |
| Bybit UAIUSDTlong | +0.0100% | 4h | 0.3667 | long leg | $3.3M | $31.0M | 20x | |
| Gate UAI_USDT | +0.0100% | 8h | 0.3675 | +0.240% | $2.2M | $11.1M | 50x | as long as short |
| MEXC UAI_USDT | +0.0100% | 4h | 0.3674 | +0.199% | $2.2M | $9.5M | 50x | as long as short |
| Bitget UAIUSDT | +0.0100% | 4h | 0.3679 | +0.333% | $3.8M | $10.9M | 25x | as long as short |
| BingX UAI-USDT | +0.0100% | 4h | 0.3672 | +0.145% | — | $11.4M | — | as long as short |
| Variational Omni UAI | +0.0100% | 4h | 0.3640 | −0.733% | $15K | $78K | — | as long as short |
| edgeX UAIUSDC | +0.0114% | 4h | 0.3654 | −0.355% | $13K | $359K | 10x | as long as short |
Aster UAIUSDT
Binance UAIUSDT
Gate UAI_USDT
MEXC UAI_USDT
Bitget UAIUSDT
BingX UAI-USDT
Variational Omni UAI
edgeX UAIUSDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin UAI-USDT | +0.0123% | 4h | 0.3650 | −0.455% | $781K | $1.4M | 50x | as long as short |
BloFin UAI-USDT