Settings8H · net · $10k
Funding arb · Price arb /

B

all B markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0193%/8h= +21.1% APRnext payment +$0.96 per $10,000 · paid last 24h +0.044%
Price spread now: BloFin against KuCoin+0.199%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$602as in the Funding arb table
Net, price: spread back to 7d avg − costs−$616as in the Price arb table
costs, in and out, $10k−$6266.258% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.235%+$23 on $10k
Price spread, last 4 days (all we have)−1.738%−$174 · spread now +0.199%, 7d avg +0.099%
Together, before fees−1.503%−$150 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.100% dearer against KuCoin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.099%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BUSDTM0.20110.0100pay 0.0050% / 4h3h 02m$1.9M$80K10x
ShortBloFin B-USDT0.20150.0293get 0.0146% / 4h3h 02m$600K$37K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$40.47
Price spread: +0.199% → +0.099%
$10
Slippage, 4 orders
−$601.78
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$575.31
Costs to cover
6.258%
Break-even
106.5 days
Slippage from KuCoin: live order book, 8 min ago; BloFin: live order book, 29 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 8 min ago13.41 bp303.2 bp −$303doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 29 min ago4.97 bp33.5 bp −$33103.0 bp −$1,030doesn't fitdoesn't fit

B on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BUSDT+0.0100%4h0.2005−0.313%$1.8M$965K13xas long as short
Gate B_USDT+0.0100%4h0.2009−0.099%$3.4M$640K20xas long as short
KuCoin BUSDTMlong+0.0100%4h0.2011long leg$1.9M$80K10x
BloFin B-USDTshort+0.0293%4h0.2015+0.199%$600K$37K20x
edgeX BUSDC+0.0297%4h0.2015+0.216%$3K$390K5xas long as short
MEXC B_USDT+0.0316%4h0.2012+0.050%$971K$378K100xas long as short
Binance BUSDT+0.0318%4h0.2009−0.099%$11.6M$2.0M20xas long as short
Extended B-USD+0.0320%1h0.2012+0.063%$15K$198K5xas long as short
BingX B-USDT+0.0410%4h0.2008−0.149%$1.3Mas long as short
Bitget BUSDT+0.0440%4h0.2009−0.099%$2.7M$304K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.0992%4h0.2011−0.016%$1.9M$224K5xas long as short