Funding you earn now, next payment 12:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: KuCoin against BloFin−0.144%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$356as in the Funding arb table
Net, price: spread back to 7d avg − costs−$349as in the Price arb table
costs, in and out, $10k−$3333.332% of the position
Funding, last 7 days−0.229%−$23 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.144%, 7d avg +0.012%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.156% cheaper against BloFin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.012%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BANK-USDT | 0.03468 | 0.0340 | pay 0.0170% / 4h | 3h 42m | $441K | $91K | 50x |
| Short | KuCoin BANKUSDTM | 0.03463 | 0.0100 | get 0.0050% / 4h | 3h 42m | $1.2M | $187K | 50x |
BloFin BANK-USDT
KuCoin BANKUSDTMFunding 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
- −$50.4
- Price spread: −0.144% → +0.012%
- −$15.63
- Slippage, 4 orders
- −$309.16
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$399.19
- Costs to cover
- 3.332%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 33 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, 33 min ago | 1.44 bp | 12.2 bp −$12 | 34.8 bp −$348 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 12.98 bp | 159.3 bp −$159 | 596.5 bp −$5,965 | doesn't fit | doesn't fit |
BANK 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03463 | −0.133% | $56K | $97K | 5x | as long as short |
| Binance BANKUSDT | +0.0100% | 4h | 0.03465 | −0.090% | $7.5M | $31.1M | 50x | as long as short |
| Bybit BANKUSDT | +0.0100% | 4h | 0.03464 | −0.115% | $3.0M | $6.5M | 20x | as long as short |
| Gate BANK_USDT | +0.0100% | 4h | 0.03466 | −0.058% | $725K | $1.3M | 10x | as long as short |
| MEXC BANK_USDT | +0.0100% | 4h | 0.03461 | −0.202% | $2.5M | $483K | 20x | as long as short |
| KuCoin BANKUSDTMshort | +0.0100% | 4h | 0.03463 | −0.144% | $1.2M | $187K | 50x | |
| HTX BANK-USDT | +0.0100% | 4h | 0.03466 | −0.058% | $40K | $228K | 20x | as long as short |
| edgeX BANKUSDC | +0.0101% | 4h | 0.03469 | +0.043% | $1K | $248K | 5x | as long as short |
| Bitget BANKUSDT | +0.0142% | 4h | 0.03464 | −0.115% | $2.8M | $3.6M | 25x | as long as short |
| BingX BANK-USDT | +0.0160% | 4h | 0.03469 | +0.029% | — | $6.9M | — | as long as short |
Aster BANKUSDT
Binance BANKUSDT
Bybit BANKUSDT
Gate BANK_USDT
MEXC BANK_USDT
HTX BANK-USDT
edgeX BANKUSDC
Bitget BANKUSDT
BingX BANK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BANK-USDTlong | +0.0340% | 4h | 0.03468 | long leg | $441K | $91K | 50x |