Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h +0.003%
Price spread now: KuCoin against BloFin+0.627%50s7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$629as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$6346.344% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)−0.774%−$77 · spread now +0.627%, 7d avg +0.113%
=The price spread pays, funding is against you. KuCoin is 0.514% dearer against BloFin than usual: you sell high and buy low (spread +0.627% now, against its 7-day average of +0.113%): +$51 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 58 days. Mind the row above: over the last 7 days funding on this pair paid +0.058%, so the current rate has only just turned against you. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin A-USDT | 0.09248 | 0.0130 | pay 0.0065% / 4h | 2h 16m | $147K | $7K | 75x |
| Short | KuCoin AUSDTM | 0.09306 | 0.0100 | get 0.0050% / 4h | 2h 16m | $677K | $47K | 75x |
BloFin A-USDT
KuCoin AUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- −$6.26
- Price spread: +0.627% → +0.113%
- $51.44
- Slippage, 4 orders
- −$610.42
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$589.23
- Costs to cover
- 6.344%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 63 min ago; KuCoin: live order book, 53 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 BloFin live order book, 63 min ago | 8.54 bp | 21.4 bp −$21 | 63.4 bp −$634 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 53 min ago | 24.10 bp | 240.6 bp −$241 | doesn't fit | doesn't fit | doesn't fit |
A on 11 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 A/USDC PERP | +0.0033% | 1h | 0.08945 | −3.276% | $1K | $5 | 5.5x | as long as short |
| Binance AUSDT | +0.0100% | 4h | 0.09290 | +0.454% | $2.9M | $3.2M | 75x | as long as short |
| Bybit AUSDT | +0.0100% | 4h | 0.09279 | +0.335% | $3.2M | $968K | 50x | as long as short |
| OKX A-USDT-SWAP | +0.0100% | 4h | 0.09295 | +0.508% | $742K | $513K | 10x | as long as short |
| Gate A_USDT | +0.0100% | 4h | 0.09285 | +0.400% | $218K | $67K | 50x | as long as short |
| MEXC A_USDT | +0.0100% | 4h | 0.09285 | +0.400% | $4.0M | $142K | 100x | as long as short |
| KuCoin AUSDTMshort | +0.0100% | 4h | 0.09306 | +0.627% | $677K | $47K | 75x | |
| Bitget AUSDT | +0.0100% | 4h | 0.09292 | +0.476% | $893K | $193K | 75x | as long as short |
| BingX A-USDT | +0.0100% | 4h | 0.09289 | +0.443% | — | $6.5M | — | as long as short |
| Variational Omni A | +0.0100% | 4h | 0.09241 | −0.072% | $1K | $1 | — | as long as short |
Injective A/USDC PERP
Binance AUSDT
Bybit AUSDT
OKX A-USDT-SWAP
Gate A_USDT
MEXC A_USDT
Bitget AUSDT
BingX A-USDT
Variational Omni AShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin A-USDTlong | +0.0130% | 4h | 0.09248 | long leg | $147K | $7K | 75x |