Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.25 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against KuCoin+0.018%7-day average +0.117% · you sell dearer than you buy
Net, funding: paid 7d − costs−$368as in the Funding arb table
Net, price: spread back to 7d avg − costs−$382as in the Price arb table
costs, in and out, $10k−$3723.717% of the position
Funding, last 7 days+0.035%+$4 on $10k
+Price spread, last 3 days (all we have)−0.109%−$11 · spread now +0.018%, 7d avg +0.117%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.100% cheaper against KuCoin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.117%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ATHUSDTM | 0.005592 | 0.0100 | pay 0.0050% / 4h | 3h 57m | $571K | $79K | 30x |
| Short | BloFin ATH-USDT | 0.005593 | 0.0050 | get 0.0025% / 4h | 3h 57m | $171K | $68K | 75x |
KuCoin ATHUSDTM
BloFin ATH-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
- −$10.55
- Price spread: +0.018% → +0.117%
- −$9.95
- Slippage, 4 orders
- −$347.67
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$392.16
- Costs to cover
- 3.717%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 66 min ago; BloFin: live order book, 7 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, 66 min ago | 8.97 bp | 149.5 bp −$149 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 0.90 bp | 21.2 bp −$21 | 71.6 bp −$716 | 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 | −0.2784% | 1h | 0.005584 | −0.142% | $19K | $106K | 10x | as long as short |
| Variational Omni ATH | −0.0042% | 4h | 0.005567 | −0.443% | $187K | $94K | — | as long as short |
| dYdX ATH-USD | 0.0000% | 1h | 0.005590 | −0.036% | $11K | $16 | 5x | as long as short |
| BloFin ATH-USDTshort | +0.0050% | 4h | 0.005593 | +0.018% | $171K | $68K | 75x | |
| OKX ATH-USDT-SWAP | +0.0055% | 4h | 0.005589 | −0.054% | $708K | $1.2M | 20x | as long as short |
| Aster ATHUSDT | +0.0100% | 4h | 0.005594 | +0.028% | $4K | $38K | 5x | as long as short |
| Binance ATHUSDT | +0.0100% | 4h | 0.005594 | +0.041% | $3.4M | $3.8M | 50x | as long as short |
| Bybit ATHUSDT | +0.0100% | 4h | 0.005587 | −0.089% | $4.4M | $2.3M | 25x | as long as short |
| Gate ATH_USDT | +0.0100% | 4h | 0.005583 | −0.161% | $796K | $500K | 30x | as long as short |
| MEXC ATH_USDT | +0.0100% | 4h | 0.005594 | +0.036% | $9.0M | $579K | 50x | as long as short |
Kraken Futures PF_ATHUSD
Variational Omni ATH
dYdX ATH-USD
OKX ATH-USDT-SWAP
Aster ATHUSDT
Binance ATHUSDT
Bybit ATHUSDT
Gate ATH_USDT
MEXC ATH_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ATHUSDTMlong | +0.0100% | 4h | 0.005592 | long leg | $571K | $79K | 30x | |
| Bitget ATHUSDT | +0.0100% | 4h | 0.005595 | +0.054% | $1.6M | $835K | 25x | as long as short |
| BingX ATH-USDT | +0.0100% | 4h | 0.005587 | −0.089% | — | $21.3M | — | as long as short |
Bitget ATHUSDT
BingX ATH-USDT