Funding you earn now, next payment 12:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.49 per $10,000 · paid last 24h −0.009%
Price spread now: BloFin against KuCoin−0.576%80s7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$358as 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−$3913.907% of the position
Funding, last 7 days+0.326%+$33 on $10k
+Price spread, last 4 days (all we have)+0.564%+$56 · spread now −0.576%, 7d avg −0.003%
=Funding pays, the price is against you. BloFin is 0.573% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.576% now, against its 7-day average of −0.003%). If the spread goes back, that is −$57 on $10k: about 20 days of funding at the current rate (+$3 a day). 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 | KuCoin AIXBTUSDTM | 0.02257 | 0.0014 | pay 0.0007% / 4h | 47m 55s | $1.1M | $1.5M | 30x |
| Short | BloFin AIXBT-USDT | 0.02244 | 0.0112 | get 0.0056% / 4h | 47m 55s | $119K | $58K | 50x |
Funding 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
- $20.54
- Price spread: −0.576% → −0.003%
- −$57.27
- Slippage, 4 orders
- −$366.69
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$427.42
- Costs to cover
- 3.907%
- Break-even
- 152.6 days
Slippage from KuCoin: live order book, 6 min ago; BloFin: live order book, 48 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, 6 min ago | 2.21 bp | 181.3 bp −$181 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 48 min ago | 2.20 bp | 10.2 bp −$10 | 40.1 bp −$401 | doesn't fit | doesn't fit |
AIXBT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AIXBTUSD | −0.0861% | 1h | 0.02253 | −0.163% | $18K | $4K | 10x | as long as short |
| Variational Omni AIXBT | −0.0065% | 4h | 0.02246 | −0.469% | $97K | $11K | — | as long as short |
| KuCoin AIXBTUSDTMlong | +0.0014% | 4h | 0.02257 | long leg | $1.1M | $1.5M | 30x | |
| Hyperliquid AIXBT | +0.0100% | 1h | 0.02257 | +0.004% | $396K | $218K | 3x | as long as short |
| Binance AIXBTUSDT | +0.0100% | 4h | 0.02255 | −0.077% | $2.5M | $4.3M | 50x | as long as short |
| Bybit AIXBTUSDT | +0.0100% | 4h | 0.02252 | −0.222% | $1.2M | $1.2M | 25x | as long as short |
| OKX AIXBT-USDT-SWAP | +0.0100% | 4h | 0.02254 | −0.133% | $448K | $1.8M | 20x | as long as short |
| Gate AIXBT_USDT | +0.0100% | 4h | 0.02254 | −0.133% | $205K | $146K | 25x | as long as short |
| MEXC AIXBT_USDT | +0.0100% | 4h | 0.02256 | −0.044% | $639K | $286K | 100x | as long as short |
| Bitget AIXBTUSDT | +0.0100% | 4h | 0.02256 | −0.044% | $591K | $632K | 20x | as long as short |
Show all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AIXBT-USDT | +0.0100% | 4h | 0.02250 | −0.310% | — | $6.6M | — | as long as short |
| BloFin AIXBT-USDTshort | +0.0112% | 4h | 0.02244 | −0.576% | $119K | $58K | 50x | |
| GMX AIXBT/USD [ETH-USDC] | L +0.0246% / S −0.0698% | 1h | 0.02254 | −0.137% | $3K | — | 100x | as long as short |
| Reya AIXBTRUSDPERP | +0.0372% | 1h | 0.02252 | −0.236% | — | — | — | as long as short |
KuCoin AIXBTUSDTM
BloFin AIXBT-USDT
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]