Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bybit−0.074%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$811as in the Funding arb table
Net, price: spread back to 7d avg − costs−$829as in the Price arb table
costs, in and out, $10k−$8298.289% of the position
Funding, last 7 days+0.183%+$18 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.074%, 7d avg −0.068%
=The price spread sits at its 7-day average of −0.068%, 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 COSTUSDT | 901.57 | 0 | get 0.0000% / 8h | 5h 43m | $563K | $138K | 25x |
| Short | KuCoin COSTUSDTM | 900.90 | 0.0100 | get 0.0100% / 8h | 5h 43m | $48K | $1.0M | 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: −0.074% → −0.068%
- −$0.63
- Slippage, 4 orders
- −$805.85
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$808.48
- Costs to cover
- 8.289%
- Break-even
- 276.5 days
Slippage from Bybit: live order book, 64 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, 64 min ago | 4.21 bp | 9.9 bp −$10 | 21.7 bp −$217 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 12.19 bp | 356.1 bp −$356 | doesn't fit | doesn't fit | doesn't fit |
COST on 15 exchanges
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 COSTUSDT | 0.0000% | 8h | 901.64 | +0.007% | $45K | $133 | 20x | as long as short |
| Binance COSTUSDT | 0.0000% | 8h | 901.77 | +0.022% | $1.1M | $1.0M | 20x | as long as short |
| Bybit COSTUSDTlong | 0.0000% | 8h | 901.57 | long leg | $563K | $138K | 25x | |
| OKX COST-USDT-SWAP | 0.0000% | 8h | 902.01 | +0.049% | $445K | $125K | 10x | as long as short |
| Gate COST_USDT | 0.0000% | 8h | 901.57 | 0.000% | $522K | $8K | 25x | as long as short |
| Bitget COSTUSDT | 0.0000% | 8h | 901.72 | +0.017% | $411K | $78K | 25x | as long as short |
| Variational Omni COST | 0.0000% | 8h | 901.68 | +0.012% | $40K | $14K | — | as long as short |
| SunX COST-USDT | 0.0000% | 8h | 900.70 | −0.096% | $1K | $2.6M | 10x | as long as short |
| HTX COST-USDT | 0.0000% | 8h | 903.21 | +0.182% | $10K | $41K | 10x | as long as short |
| Injective COST/USDC PERP | +0.0033% | 1h | 891.98 | −1.064% | $2K | $28K | 12x | as long as short |
Show all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended COST-USD | +0.0040% | 1h | 901.25 | −0.036% | — | — | 10x | as long as short |
| Vest COST-USD-PERP | +0.0046% | 1h | 901.11 | −0.051% | — | — | 25x | as long as short |
| tradeXYZ xyz:COST | +0.0050% | 1h | 900.92 | −0.072% | $1.8M | $521K | 20x | as long as short |
| QFEX COST-USD | +0.0064% | 1h | 901.41 | −0.018% | $1.1M | $2.3M | 10x | as long as short |
| KuCoin COSTUSDTMshort | +0.0100% | 8h | 900.90 | −0.074% | $48K | $1.0M | 20x |
Bybit COSTUSDT
KuCoin COSTUSDTM
Aster COSTUSDT
Binance COSTUSDT
OKX COST-USDT-SWAP
Gate COST_USDT
Bitget COSTUSDT
Variational Omni COST
SunX COST-USDT
HTX COST-USDT
Injective COST/USDC PERP
Extended COST-USD
tradeXYZ xyz:COST