Funding you earn now, next payment 04:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.24 per $10,000 · paid last 24h +0.004%
Price spread now: KuCoin against BloFin−0.071%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$443as in the Funding arb table
Net, price: spread back to 7d avg − costs−$437as in the Price arb table
costs, in and out, $10k−$4424.419% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 3 days (all we have)+0.144%+$14 · spread now −0.071%, 7d avg −0.118%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.046% dearer against BloFin than usual: you sell high and buy low: +$5 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 ATH-USDT | 0.005610 | 0.0052 | pay 0.0026% / 4h | 3h 07m | $171K | $69K | 75x |
| Short | KuCoin ATHUSDTM | 0.005606 | 0.0100 | get 0.0050% / 4h | 3h 07m | $566K | $76K | 30x |
BloFin ATH-USDT
KuCoin ATHUSDTMFunding 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
- $10.1
- Price spread: −0.071% → −0.118%
- $4.64
- Slippage, 4 orders
- −$417.92
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$427.17
- Costs to cover
- 4.419%
- Break-even
- 303.0 days
Slippage from BloFin: live order book, 57 min ago; KuCoin: live order book, 46 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, 57 min ago | 0.90 bp | 24.9 bp −$25 | 66.7 bp −$667 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 46 min ago | 15.31 bp | 252.5 bp −$253 | doesn't fit | doesn't fit | doesn't fit |
ATH on 13 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_ATHUSD | −0.2771% | 1h | 0.005611 | +0.021% | $19K | $106K | 10x | as long as short |
| Variational Omni ATH | −0.0041% | 4h | 0.005587 | −0.409% | $187K | $93K | — | as long as short |
| dYdX ATH-USD | 0.0000% | 1h | 0.005609 | −0.016% | $11K | $57 | 5x | as long as short |
| BloFin ATH-USDTlong | +0.0052% | 4h | 0.005610 | long leg | $171K | $69K | 75x | |
| Aster ATHUSDT | +0.0100% | 4h | 0.005614 | +0.068% | $6K | $39K | 5x | as long as short |
| Binance ATHUSDT | +0.0100% | 4h | 0.005615 | +0.094% | $3.4M | $4.0M | 50x | as long as short |
| Bybit ATHUSDT | +0.0100% | 4h | 0.005606 | −0.071% | $4.5M | $2.4M | 25x | as long as short |
| OKX ATH-USDT-SWAP | +0.0100% | 4h | 0.005603 | −0.125% | $718K | $1.3M | 20x | as long as short |
| Gate ATH_USDT | +0.0100% | 4h | 0.005604 | −0.107% | $804K | $529K | 30x | as long as short |
| MEXC ATH_USDT | +0.0100% | 4h | 0.005616 | +0.107% | $9.1M | $586K | 50x | as long as short |
Kraken Futures PF_ATHUSD
Variational Omni ATH
dYdX ATH-USD
Aster ATHUSDT
Binance ATHUSDT
Bybit ATHUSDT
OKX ATH-USDT-SWAP
Gate ATH_USDT
MEXC ATH_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ATHUSDTMshort | +0.0100% | 4h | 0.005606 | −0.071% | $566K | $76K | 30x | |
| Bitget ATHUSDT | +0.0100% | 4h | 0.005615 | +0.089% | $1.6M | $864K | 25x | as long as short |
| BingX ATH-USDT | +0.0100% | 4h | 0.005611 | +0.018% | — | $21.7M | — | as long as short |
Bitget ATHUSDT
BingX ATH-USDT