Funding you earn now, next payment 04:00 UTC−0.0403%/8h= −44.1% APRnext payment −$2.01 per $10,000 · paid last 24h −0.056%
Price spread now: KuCoin against BloFin−0.147%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$846as in the Funding arb table
Net, price: spread back to 7d avg − costs−$828as in the Price arb table
costs, in and out, $10k−$8238.232% of the position
Funding, last 7 days−0.227%−$23 on $10k
+Price spread, last 4 days (all we have)+2.489%+$249 · spread now −0.147%, 7d avg −0.098%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and KuCoin is 0.049% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.098%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.227% in total (about -11.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.01 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 | BloFin B-USDT | 0.2039 | 0.0503 | pay 0.0251% / 4h | 44m 36s | $605K | $39K | 20x |
| Short | KuCoin BUSDTM | 0.2036 | 0.0100 | get 0.0050% / 4h | 44m 36s | $1.9M | $73K | 10x |
BloFin B-USDT
KuCoin BUSDTMFunding 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
- −$84.54
- Price spread: −0.147% → −0.098%
- −$4.89
- Slippage, 4 orders
- −$799.18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$912.61
- Costs to cover
- 8.232%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 57 min ago; KuCoin: live order book, 2 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 | 2.46 bp | 34.9 bp −$35 | 193.0 bp −$1,930 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 25.49 bp | 418.6 bp −$419 | doesn't fit | doesn't fit | doesn't fit |
B on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate B_USDT | +0.0100% | 4h | 0.2035 | −0.196% | $3.5M | $615K | 20x | as long as short |
| KuCoin BUSDTMshort | +0.0100% | 4h | 0.2036 | −0.147% | $1.9M | $73K | 10x | |
| Binance BUSDT | +0.0441% | 4h | 0.2038 | −0.049% | $11.8M | $1.9M | 20x | as long as short |
| Extended B-USD | +0.0448% | 1h | 0.2036 | −0.123% | $17K | $222K | 5x | as long as short |
| MEXC B_USDT | +0.0450% | 4h | 0.2037 | −0.098% | $999K | $369K | 100x | as long as short |
| edgeX BUSDC | +0.0450% | 4h | 0.2037 | −0.108% | $3K | $391K | 5x | as long as short |
| Bybit BUSDT | +0.0482% | 4h | 0.2035 | −0.206% | $1.7M | $894K | 13x | as long as short |
| BloFin B-USDTlong | +0.0503% | 4h | 0.2039 | long leg | $605K | $39K | 20x | |
| BingX B-USDT | +0.0558% | 4h | 0.2036 | −0.147% | — | $1.3M | — | as long as short |
| Bitget BUSDT | +0.0566% | 4h | 0.2038 | −0.049% | $2.8M | $247K | 10x | as long as short |
Gate B_USDT
Binance BUSDT
Extended B-USD
MEXC B_USDT
edgeX BUSDC
Bybit BUSDT
BingX B-USDT
Bitget BUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1246% | 4h | 0.2034 | −0.244% | $1.9M | $212K | 5x | as long as short |
Aster BUSDT