Funding you earn now, next payment 12:00 UTC+0.0643%/8h= +70.4% APRnext payment +$3.21 per $10,000 · paid last 24h +0.211%
Price spread now: KuCoin against BloFin−0.082%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$667as in the Funding arb table
Net, price: spread back to 7d avg − costs−$736as in the Price arb table
costs, in and out, $10k−$7407.400% of the position
Funding, last 7 days+0.727%+$73 on $10k
+Price spread, last 4 days (all we have)−0.703%−$70 · spread now −0.082%, 7d avg −0.118%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and KuCoin is 0.035% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.118%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin APR-USDT | 0.1458 | 0.0141 | pay 0.0071% / 4h | 2h 58m | $284K | $112K | 50x |
| Short | KuCoin APRUSDTM | 0.1457 | 0.0784 | get 0.0392% / 4h | 2h 58m | $2.3M | $326K | 50x |
BloFin APR-USDT
KuCoin APRUSDTMFunding 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
- $134.96
- Price spread: −0.082% → −0.118%
- $3.52
- Slippage, 4 orders
- −$715.96
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$601.48
- Costs to cover
- 7.400%
- Break-even
- 38.2 days
Slippage from BloFin: live order book, 11 min ago; KuCoin: live order book, 8 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, 11 min ago | 10.27 bp | 36.5 bp −$37 | 151.0 bp −$1,510 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 15.76 bp | 223.7 bp −$224 | doesn't fit | doesn't fit | doesn't fit |
APR 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance APRUSDT | +0.0100% | 4h | 0.1457 | −0.069% | $6.6M | $4.7M | 50x | as long as short |
| Bybit APRUSDT | +0.0100% | 4h | 0.1455 | −0.206% | $1.4M | $580K | 20x | as long as short |
| OKX APR-USDT-SWAP | +0.0100% | 4h | 0.1456 | −0.137% | $1.2M | $2.3M | 20x | as long as short |
| Gate APR_USDT | +0.0100% | 4h | 0.1456 | −0.171% | $695K | $190K | 25x | as long as short |
| MEXC APR_USDT | +0.0100% | 4h | 0.1457 | −0.069% | $370K | $156K | 50x | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1461 | +0.233% | $1K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1463 | +0.343% | $19K | $36K | 20x | as long as short |
| BloFin APR-USDTlong | +0.0141% | 4h | 0.1458 | long leg | $284K | $112K | 50x | |
| Bitget APRUSDT | +0.0170% | 4h | 0.1457 | −0.082% | $3.9M | $972K | 50x | as long as short |
| BingX APR-USDT | +0.0196% | 4h | 0.1455 | −0.206% | — | $1.3M | — | as long as short |
Binance APRUSDT
Bybit APRUSDT
OKX APR-USDT-SWAP
Gate APR_USDT
MEXC APR_USDT
SunX APR-USDT
HTX APR-USDT
Bitget APRUSDT
BingX APR-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APRUSDT | +0.0520% | 4h | 0.1456 | −0.121% | $70K | $74K | 5x | as long as short |
| KuCoin APRUSDTMshort | +0.0784% | 4h | 0.1457 | −0.082% | $2.3M | $326K | 50x |
Aster APRUSDT