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

US

all US markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.016%
Price spread now: KuCoin against Bybit−0.128%7-day average −0.397% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,345as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,300as in the Price arb table
costs, in and out, $10k−$1,32613.264% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.181%−$18 on $10k
Price spread, last 7 days−0.140%−$14 · spread now −0.128%, 7d avg −0.397%
Together, before fees−0.321%−$32 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: KuCoin is 0.269% dearer against Bybit than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of −0.397%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit USUSDT0.016400.0100pay 0.0050% / 4h3h 27m$3.2M$874K20x
ShortKuCoin USUSDTM0.016380.0100get 0.0050% / 4h3h 27m$4.2M$276K20x

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 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: −0.128% → −0.397%
$26.86
Slippage, 4 orders
−$1,303.41
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,299.55
Costs to cover
13.264%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 1 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 Bybit live order book, 5 min ago9.12 bp137.7 bp −$138doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago23.23 bp433.7 bp −$434doesn't fitdoesn't fitdoesn't fit

US on 11 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
Bybit USUSDTlong+0.0100%4h0.01640long leg$3.2M$874K20x
Gate US_USDT+0.0100%4h0.01640−0.012%$2.1M$562K20xas long as short
KuCoin USUSDTMshort+0.0100%4h0.01638−0.128%$4.2M$276K20x
Variational Omni US+0.0100%4h0.01647+0.417%$16K$3Kas long as short
Bitget USUSDT+0.0404%4h0.01642+0.079%$4.3M$250K10xas long as short
Aster USUSDT+0.0743%4h0.01642+0.110%$12K$55K5xas long as short
BingX US-USDT+0.0764%4h0.01640−0.043%$1.3Mas long as short
Binance USUSDT+0.0792%4h0.01639−0.061%$9.2M$3.1M10xas long as short
Extended US-USD+0.0792%1h0.01639−0.057%$2K$132K5xas long as short
BloFin US-USDT+0.0800%4h0.01640−0.030%$478K$49K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC US_USDT+0.0802%4h0.01639−0.055%$5.5M$113K100xas long as short