Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bybit−0.015%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$348as in the Funding arb table
Net, price: spread back to 7d avg − costs−$373as in the Price arb table
costs, in and out, $10k−$3713.711% of the position
Funding, last 7 days+0.229%+$23 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.015%, 7d avg +0.004%
=The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AMATUSDT | 469.26 | 0 | get 0.0000% / 8h | 6h 37m | $899K | $653K | 25x |
| Short | KuCoin AMATUSDTM | 469.19 | 0.0100 | get 0.0100% / 8h | 6h 37m | $409K | $469K | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: −0.015% → +0.004%
- −$1.86
- Slippage, 4 orders
- −$348.12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$351.98
- Costs to cover
- 3.711%
- Break-even
- 124.3 days
Slippage from Bybit: live order book, 27 min ago; KuCoin: live order book, 74 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, 27 min ago | 2.86 bp | 13.0 bp −$13 | 102.0 bp −$1,020 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 74 min ago | 7.27 bp | 166.6 bp −$167 | doesn't fit | doesn't fit | doesn't fit |
AMAT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AMATUSDT | 0.0000% | 8h | 469.31 | +0.011% | $10K | $11K | 20x | as long as short |
| Bybit AMATUSDTlong | 0.0000% | 8h | 469.26 | long leg | $899K | $653K | 25x | |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 469.54 | +0.060% | $1.4M | $1.6M | 20x | as long as short |
| Bitget AMATUSDT | 0.0000% | 8h | 469.65 | +0.083% | $2.1M | $1.7M | 20x | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 470.17 | +0.193% | $691 | $98K | 10x | as long as short |
| Vest AMAT-USD-PERP | +0.0046% | 1h | 469.42 | +0.034% | — | — | 10x | as long as short |
| tradeXYZ xyz:AMAT | +0.0050% | 1h | 469.28 | +0.004% | $2.6M | $2.3M | 10x | as long as short |
| KuCoin AMATUSDTMshort | +0.0100% | 8h | 469.19 | −0.015% | $409K | $469K | 20x | |
| SunX AMAT-USDT | +0.0100% | 8h | 469.53 | +0.058% | $1K | $373K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 470.80 | +0.328% | $171K | $39K | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix AMAT | +0.0220% | 1h | 470.20 | +0.200% | $19K | $110K | 10x | as long as short |
| Variational Omni AMAT | +0.0286% | 8h | 470.16 | +0.192% | $65K | $44K | — | as long as short |
| Binance AMATUSDT | +0.0338% | 8h | 469.38 | +0.026% | $8.9M | $12.7M | 20x | as long as short |
| Extended AMAT-USD | +0.0344% | 1h | 469.28 | +0.004% | $5K | $27K | 10x | as long as short |
| Gate AMAT_USDT | +0.0357% | 8h | 469.30 | +0.009% | $1.7M | $6.4M | 50x | as long as short |
| BloFin AMAT-USDT | +0.0369% | 8h | 469.90 | +0.136% | $110K | $86K | 20x | as long as short |
Bybit AMATUSDT
KuCoin AMATUSDTM
Aster AMATUSDT
OKX AMAT-USDT-SWAP
Bitget AMATUSDT
GRVT AMAT_USDT_Perp
tradeXYZ xyz:AMAT
SunX AMAT-USDT
HTX AMAT-USDT
Phoenix AMAT
Variational Omni AMAT
Binance AMATUSDT
Extended AMAT-USD
Gate AMAT_USDT
BloFin AMAT-USDT