Funding you earn now, next payment 04:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against KuCoin−0.011%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$791as in the Funding arb table
Net, price: spread back to 7d avg − costs−$775as in the Price arb table
costs, in and out, $10k−$7857.852% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 4 days (all we have)+0.217%+$22 · spread now −0.011%, 7d avg −0.112%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.102% dearer against KuCoin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.112%. Mind the row above: over the last 7 days funding on this pair cost −0.059%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AUSDTM | 0.09273 | 0.0100 | pay 0.0050% / 4h | 45m 07s | $679K | $49K | 75x |
| Short | BloFin A-USDT | 0.09272 | 0.0126 | get 0.0063% / 4h | 45m 07s | $149K | $7K | 75x |
KuCoin AUSDTM
BloFin A-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $5.42
- Price spread: −0.011% → −0.112%
- $10.17
- Slippage, 4 orders
- −$761.23
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$769.64
- Costs to cover
- 7.852%
- Break-even
- 1000.6 days
Slippage from KuCoin: live order book, 39 min ago; BloFin: live order book, 51 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, 39 min ago | 16.10 bp | 333.9 bp −$334 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 51 min ago | 4.31 bp | 26.3 bp −$26 | 65.4 bp −$654 | 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 | −3.537% | $1K | $5 | 5.5x | as long as short |
| Binance AUSDT | +0.0100% | 4h | 0.09280 | +0.079% | $2.9M | $3.1M | 75x | as long as short |
| Bybit AUSDT | +0.0100% | 4h | 0.09272 | −0.011% | $3.2M | $960K | 50x | as long as short |
| OKX A-USDT-SWAP | +0.0100% | 4h | 0.09274 | +0.011% | $730K | $483K | 10x | as long as short |
| Gate A_USDT | +0.0100% | 4h | 0.09269 | −0.043% | $216K | $66K | 50x | as long as short |
| MEXC A_USDT | +0.0100% | 4h | 0.09276 | +0.032% | $4.0M | $135K | 100x | as long as short |
| KuCoin AUSDTMlong | +0.0100% | 4h | 0.09273 | long leg | $679K | $49K | 75x | |
| Bitget AUSDT | +0.0100% | 4h | 0.09278 | +0.054% | $907K | $182K | 75x | as long as short |
| BingX A-USDT | +0.0100% | 4h | 0.09274 | +0.011% | — | $6.5M | — | as long as short |
| Variational Omni A | +0.0100% | 4h | 0.09257 | −0.175% | $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-USDTshort | +0.0126% | 4h | 0.09272 | −0.011% | $149K | $7K | 75x |