Funding you earn now, next payment 08:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.25 per $10,000 · paid last 24h +0.008%
Price spread now: KuCoin against BloFin−0.468%80s7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$432as 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−$3993.992% of the position
Funding, last 7 days−0.326%−$33 on $10k
+Price spread, last 4 days (all we have)+0.480%+$48 · spread now −0.468%, 7d avg +0.005%
=Funding pays, the price is against you. KuCoin is 0.473% cheaper against BloFin than usual: you would sell low and buy high (spread −0.468% now, against its 7-day average of +0.005%). If the spread goes back, that is −$47 on $10k: about 32 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.326%, so the current rate has only just turned in your favour. The two prices were read 80 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 AIXBT-USDT | 0.02351 | 0.0051 | pay 0.0025% / 4h | 1h 55m | $120K | $97K | 50x |
| Short | KuCoin AIXBTUSDTM | 0.02340 | 0.0100 | get 0.0050% / 4h | 1h 55m | $1.2M | $1.5M | 30x |
Funding 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
- $10.39
- Price spread: −0.468% → +0.005%
- −$47.3
- Slippage, 4 orders
- −$375.18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$436.09
- Costs to cover
- 3.992%
- Break-even
- 300.9 days
Slippage from BloFin: live order book, 16 min ago; KuCoin: live order book, 10 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, 16 min ago | 6.48 bp | 15.9 bp −$16 | 54.8 bp −$548 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 4.28 bp | 183.1 bp −$183 | doesn't fit | doesn't fit | doesn't fit |
AIXBT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AIXBTUSD | −0.2965% | 1h | 0.02341 | −0.407% | $19K | $5K | 10x | as long as short |
| Variational Omni AIXBT | +0.0028% | 4h | 0.02343 | −0.337% | $101K | $11K | — | as long as short |
| BloFin AIXBT-USDTlong | +0.0051% | 4h | 0.02351 | long leg | $120K | $97K | 50x | |
| Hyperliquid AIXBT | +0.0100% | 1h | 0.02343 | −0.332% | $399K | $210K | 3x | as long as short |
| Binance AIXBTUSDT | +0.0100% | 4h | 0.02340 | −0.468% | $2.5M | $3.9M | 50x | as long as short |
| Bybit AIXBTUSDT | +0.0100% | 4h | 0.02337 | −0.617% | $1.2M | $1.2M | 25x | as long as short |
| OKX AIXBT-USDT-SWAP | +0.0100% | 4h | 0.02340 | −0.468% | $496K | $1.9M | 20x | as long as short |
| Gate AIXBT_USDT | +0.0100% | 4h | 0.02343 | −0.340% | $208K | $122K | 25x | as long as short |
| MEXC AIXBT_USDT | +0.0100% | 4h | 0.02340 | −0.468% | $683K | $259K | 100x | as long as short |
| KuCoin AIXBTUSDTMshort | +0.0100% | 4h | 0.02340 | −0.468% | $1.2M | $1.5M | 30x |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AIXBTUSDT | +0.0100% | 4h | 0.02343 | −0.340% | $658K | $604K | 20x | as long as short |
| BingX AIXBT-USDT | +0.0100% | 4h | 0.02341 | −0.425% | — | $6.6M | — | as long as short |
| GMX AIXBT/USD [ETH-USDC] | L +0.0249% / S −0.0698% | 1h | 0.02341 | −0.442% | $3K | — | 100x | as long as short |
| Reya AIXBTRUSDPERP | +0.0372% | 1h | 0.02342 | −0.399% | — | — | — | as long as short |
BloFin AIXBT-USDT
KuCoin AIXBTUSDTM
Kraken Futures PF_AIXBTUSD
Variational Omni AIXBT
Hyperliquid AIXBT
Binance AIXBTUSDT
Bybit AIXBTUSDT
OKX AIXBT-USDT-SWAP
Gate AIXBT_USDT
MEXC AIXBT_USDT
Bitget AIXBTUSDT
BingX AIXBT-USDT
GMX AIXBT/USD [ETH-USDC]