AMAT

Alert: funding

Alert: spread

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: Bybit against KuCoin+0.026%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$351as in the Funding arb table

Net, price: spread back to 7d avg − costs−$325as in the Price arb table

costs, in and out, $10k−$3283.280% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.229%−$23 on $10k

Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.026%, 7d avg −0.004%

Together, before fees−0.235%−$23 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.029% dearer against KuCoin than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of −0.004%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AMATUSDTM	469.25	0.0100	pay 0.0100% / 8h	5h 48m	$412K	$474K	20x
Short	Bybit AMATUSDT	469.37	0	get 0.0000% / 8h	5h 48m	$899K	$653K	25x

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

Position, each leg$Hold fordaysFee KuCoinbpFee BybitbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$21
Price spread: +0.026% → −0.004%: $2.93
Slippage, 4 orders: −$305.04
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$346.12
Costs to cover: 3.280%
Break-even: never at this rate

Slippage from KuCoin: live order book, 49 min ago; Bybit: live order book, 12 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, 49 min ago	9.29 bp	141.7 bp −$142	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 12 min ago	3.73 bp	28.5 bp −$28	107.8 bp −$1,078	doesn't fit	doesn't fit

AMAT on 15 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	+0.013%	$10K	$11K	20x	as long as short
Bybit AMATUSDTshort	0.0000%	8h	469.37	+0.026%	$899K	$653K	25x
OKX AMAT-USDT-SWAP	0.0000%	8h	469.88	+0.134%	$1.4M	$1.6M	20x	as long as short
Bitget AMATUSDT	0.0000%	8h	469.56	+0.066%	$2.1M	$1.7M	20x	as long as short
GRVT AMAT_USDT_Perp	0.0000%	8h	469.79	+0.116%	$630	$101K	10x	as long as short
Vest AMAT-USD-PERP	+0.0046%	1h	469.31	+0.013%	—	—	10x	as long as short
tradeXYZ xyz:AMAT	+0.0050%	1h	469.22	−0.006%	$2.6M	$2.3M	10x	as long as short
KuCoin AMATUSDTMlong	+0.0100%	8h	469.25	long leg	$412K	$474K	20x
SunX AMAT-USDT	+0.0100%	8h	470.09	+0.179%	$696	$366K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	470.24	+0.211%	$171K	$40K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AMAT	+0.0158%	8h	469.66	+0.088%	$65K	$44K	—	as long as short
Phoenix AMAT	+0.0204%	1h	469.94	+0.147%	$19K	$110K	10x	as long as short
Binance AMATUSDT	+0.0224%	8h	469.34	+0.020%	$8.9M	$12.6M	20x	as long as short
Extended AMAT-USD	+0.0224%	1h	469.22	−0.007%	$5K	$27K	10x	as long as short
Gate AMAT_USDT	+0.0256%	8h	469.60	+0.075%	$1.7M	$6.4M	50x	as long as short