Funding you earn now, next payment 04:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.26 per $10,000 · paid last 24h +0.009%
Price spread now: KuCoin against BloFin+0.076%110s7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$493as 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−$4864.859% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now +0.076%, 7d avg +0.040%
=The price spread pays, funding is against you. KuCoin is 0.036% dearer against BloFin than usual: you sell high and buy low (spread +0.076% now, against its 7-day average of +0.040%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.3 days. The two prices were read 110 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 API3-USDT | 0.2623 | 0.0153 | pay 0.0076% / 4h | 1h 15m | $136K | $28K | 50x |
| Short | KuCoin API3USDTM | 0.2625 | 0.0100 | get 0.0050% / 4h | 1h 15m | $1.0M | $258K | 30x |
BloFin API3-USDT
KuCoin API3USDTMFunding 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
- −$11.07
- Price spread: +0.076% → +0.040%
- $3.61
- Slippage, 4 orders
- −$461.87
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$493.33
- Costs to cover
- 4.859%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 16 min ago; KuCoin: live order book, 9 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 | 5.73 bp | 16.3 bp −$16 | 68.9 bp −$689 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 9.52 bp | 197.5 bp −$198 | doesn't fit | doesn't fit | doesn't fit |
API3 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster API3USDT | +0.0100% | 4h | 0.2625 | +0.071% | $2K | $3K | 5x | as long as short |
| Binance API3USDT | +0.0100% | 4h | 0.2623 | +0.018% | $2.6M | $2.0M | 50x | as long as short |
| Bybit API3USDT | +0.0100% | 4h | 0.2628 | +0.191% | $991K | $408K | 25x | as long as short |
| OKX API3-USDT-SWAP | +0.0100% | 4h | 0.2625 | +0.076% | $652K | $512K | 10x | as long as short |
| Gate API3_USDT | +0.0100% | 8h | 0.2629 | +0.229% | $126K | $107K | 50x | as long as short |
| MEXC API3_USDT | +0.0100% | 4h | 0.2624 | +0.038% | $483K | $266K | 50x | as long as short |
| KuCoin API3USDTMshort | +0.0100% | 4h | 0.2625 | +0.076% | $1.0M | $258K | 30x | |
| Bitget API3USDT | +0.0100% | 4h | 0.2622 | −0.038% | $656K | $202K | 20x | as long as short |
| BingX API3-USDT | +0.0100% | 4h | 0.2626 | +0.114% | — | $6.7M | — | as long as short |
| Variational Omni API3 | +0.0100% | 4h | 0.2632 | +0.362% | $6K | $1 | — | as long as short |
Aster API3USDT
Binance API3USDT
Bybit API3USDT
OKX API3-USDT-SWAP
Gate API3_USDT
MEXC API3_USDT
Bitget API3USDT
BingX API3-USDT
Variational Omni API3Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin API3-USDTlong | +0.0153% | 4h | 0.2623 | long leg | $136K | $28K | 50x | |
| Kraken Futures PF_API3USD | +0.0547% | 1h | 0.2640 | +0.639% | $13K | $3K | 10x | as long as short |
Kraken Futures PF_API3USD