Funding you earn now, next payment 08:00 UTC+0.0645%/8h= +70.6% APRnext payment +$3.22 per $10,000 · paid last 24h +0.097%
Price spread now: BloFin against KuCoin+0.216%80s7-day average +0.242% · you sell dearer than you buy
Net, funding: paid 7d − costs−$960as 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−$9989.979% of the position
Funding, last 7 days+0.384%+$38 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.216%, 7d avg +0.242%
=Funding pays, the price is against you. BloFin is 0.026% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.216% now, against its 7-day average of +0.242%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.384% in total) that is about 11 hours. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.384% in total (about 20.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.22 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AVAAIUSDTM | 0.01112 | 0.0100 | pay 0.0050% / 4h | 3h 27m | $466K | $83K | 20x |
| Short | BloFin AVAAI-USDT | 0.01114 | 0.0745 | get 0.0372% / 4h | 3h 27m | $193K | $5K | 20x |
KuCoin AVAAIUSDTM
BloFin AVAAI-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
- $135.38
- Price spread: +0.216% → +0.242%
- −$2.6
- Slippage, 4 orders
- −$973.94
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$865.16
- Costs to cover
- 9.979%
- Break-even
- 51.7 days
Slippage from KuCoin: live order book, 45 min ago; BloFin: live order book, 63 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, 45 min ago | 13.41 bp | 703.7 bp −$704 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 63 min ago | 2.68 bp | 47.1 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
AVAAI on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit AVAAIUSDT | +0.0100% | 4h | 0.01115 | +0.261% | $1.3M | $465K | 20x | as long as short |
| Gate AVAAI_USDT | +0.0100% | 4h | 0.01112 | +0.018% | $626K | $150K | 20x | as long as short |
| KuCoin AVAAIUSDTMlong | +0.0100% | 4h | 0.01112 | long leg | $466K | $83K | 20x | |
| BloFin AVAAI-USDTshort | +0.0745% | 4h | 0.01114 | +0.216% | $193K | $5K | 20x | |
| MEXC AVAAI_USDT | +0.0780% | 4h | 0.01114 | +0.153% | $198K | $112K | 100x | as long as short |
| Binance AVAAIUSDT | +0.0780% | 4h | 0.01114 | +0.171% | $3.9M | $2.8M | 20x | as long as short |
| BingX AVAAI-USDT | +0.0800% | 4h | 0.01113 | +0.126% | — | $193K | — | as long as short |
| Aster AVAAIUSDT | +0.0850% | 4h | 0.01113 | +0.074% | $37K | $14K | 5x | as long as short |
Bybit AVAAIUSDT
Gate AVAAI_USDT
MEXC AVAAI_USDT
Binance AVAAIUSDT
BingX AVAAI-USDT
Aster AVAAIUSDT