Funding you earn now, next payment 12:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.03 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against KuCoin+0.115%65s7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$428as 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−$4334.335% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)−0.238%−$24 · spread now +0.115%, 7d avg −0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.156% dearer against KuCoin than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.040%. The two prices were read 65 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 API3USDTM | 0.2598 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $994K | $239K | 30x |
| Short | BloFin API3-USDT | 0.2601 | 0.0107 | get 0.0053% / 4h | 3h 40m | $132K | $21K | 50x |
KuCoin API3USDTM
BloFin API3-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
- $1.47
- Price spread: +0.115% → −0.040%
- $15.59
- Slippage, 4 orders
- −$409.45
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$416.39
- Costs to cover
- 4.335%
- Break-even
- 1991.9 days
Slippage from KuCoin: live order book, 34 min ago; BloFin: live order book, 16 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, 34 min ago | 9.61 bp | 203.9 bp −$204 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 16 min ago | 1.92 bp | 20.5 bp −$21 | 59.9 bp −$599 | 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 | 0.2599 | +0.023% | $2K | $4K | 5x | as long as short |
| Binance API3USDT | +0.0100% | 4h | 0.2598 | 0.000% | $2.6M | $2.1M | 50x | as long as short |
| Bybit API3USDT | +0.0100% | 4h | 0.2601 | +0.115% | $979K | $392K | 25x | as long as short |
| OKX API3-USDT-SWAP | +0.0100% | 4h | 0.2597 | −0.038% | $652K | $524K | 10x | as long as short |
| Gate API3_USDT | +0.0100% | 8h | 0.2601 | +0.115% | $118K | $135K | 50x | as long as short |
| MEXC API3_USDT | +0.0100% | 4h | 0.2598 | 0.000% | $437K | $306K | 50x | as long as short |
| KuCoin API3USDTMlong | +0.0100% | 4h | 0.2598 | long leg | $994K | $239K | 30x | |
| Bitget API3USDT | +0.0100% | 4h | 0.2599 | +0.038% | $642K | $189K | 20x | as long as short |
| BingX API3-USDT | +0.0100% | 4h | 0.2599 | +0.038% | — | $6.7M | — | as long as short |
| Variational Omni API3 | +0.0100% | 4h | 0.2602 | +0.157% | $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-USDTshort | +0.0107% | 4h | 0.2601 | +0.115% | $132K | $21K | 50x | |
| Kraken Futures PF_API3USD | +0.6198% | 1h | 0.2615 | +0.637% | $13K | $3K | 10x | as long as short |
Kraken Futures PF_API3USD