Funding you earn now, next payment 00:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.96 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin+0.267%7-day average +0.162% · you sell dearer than you buy
Net, funding: paid 7d − costs−$969as in the Funding arb table
Net, price: spread back to 7d avg − costs−$940as in the Price arb table
costs, in and out, $10k−$9519.508% of the position
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.267%, 7d avg +0.162%
=The price spread pays, funding is against you. Bybit is 0.105% dearer against KuCoin than usual: you sell high and buy low (spread +0.267% now, against its 7-day average of +0.162%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin UBERUSDTM | 71.040 | 0.0100 | pay 0.0100% / 8h | 40m 54s | $167K | $745K | 20x |
| Short | Bybit UBERUSDT | 71.230 | 0.0004 | get 0.0004% / 8h | 40m 54s | $335K | $80K | 25x |
KuCoin UBERUSDTM
Bybit UBERUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$20.14
- Price spread: +0.267% → +0.162%
- $10.5
- Slippage, 4 orders
- −$927.81
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$960.45
- Costs to cover
- 9.508%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 23 min ago; Bybit: live order book, 29 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, 23 min ago | 18.30 bp | 508.4 bp −$508 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 29 min ago | 4.21 bp | 36.5 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
UBER on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective UBER/USDC PERP | −0.0220% | 1h | 70.430 | −0.859% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.230 | +0.268% | $93K | $11K | 20x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.210 | +0.239% | $367K | $265K | 20x | as long as short |
| Bitget UBERUSDT | 0.0000% | 8h | 71.160 | +0.169% | $405K | $65K | 20x | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.150 | +0.155% | $1K | $2.1M | 10x | as long as short |
| Bybit UBERUSDTshort | +0.0004% | 8h | 71.230 | +0.267% | $335K | $80K | 25x | |
| QFEX UBER-USD | +0.0080% | 1h | 71.120 | +0.113% | $1.1M | $1.1M | 10x | as long as short |
| KuCoin UBERUSDTMlong | +0.0100% | 8h | 71.040 | long leg | $167K | $745K | 20x | |
| Variational Omni UBER | +0.0135% | 8h | 71.200 | +0.225% | $442K | $23K | — | as long as short |
| Binance UBERUSDT | +0.0294% | 8h | 71.191 | +0.212% | $2.3M | $630K | 20x | as long as short |
Injective UBER/USDC PERP
Aster UBERUSDT
Gate UBER_USDT
Bitget UBERUSDT
SunX UBER-USDT
QFEX UBER-USD
Variational Omni UBER
Binance UBERUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UBER_USDT_Perp | +0.0651% | 8h | 71.197 | +0.221% | $797 | $213K | 10x | as long as short |
| HTX UBER-USDT | +0.1314% | 8h | 71.630 | +0.831% | $48K | $34K | 20x | as long as short |
GRVT UBER_USDT_Perp
HTX UBER-USDT