BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: KuCoin against BloFin+0.059%80s7-day average −0.080% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,061as 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−$1,05710.568% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.045%−$5 on $10k

Price spread, last 3 days (all we have)−0.120%−$12 · spread now +0.059%, 7d avg −0.080%

Together, before fees−0.165%−$17 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.139% dearer against BloFin than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.080%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BASED-USDT	0.06809	0.0098	pay 0.0049% / 4h	1h 11m	$251K	$38K	25x
Short	KuCoin BASEDUSDTM	0.06813	0.0100	get 0.0050% / 4h	1h 11m	$571K	$105K	20x

Funding 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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee KuCoinbpOrdersPrice spread, now +0.059%Rate

Funding earned: $0.33
Price spread: +0.059% → −0.080%: $13.88
Slippage, 4 orders: −$1,032.8
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,042.6
Costs to cover: 10.568%
Break-even: 21906.3 days

Slippage from BloFin: live order book, 64 min ago; KuCoin: live order book, 61 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, 64 min ago	0.74 bp	20.8 bp −$21	62.3 bp −$623	doesn't fit	doesn't fit
Sell KuCoin live order book, 61 min ago	20.67 bp	524.9 bp −$525	doesn't fit	doesn't fit	doesn't fit

BASED on 15 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
BloFin BASED-USDTlong	+0.0098%	4h	0.06809	long leg	$251K	$38K	25x
Binance BASEDUSDT	+0.0100%	4h	0.06821	+0.176%	$4.2M	$3.0M	25x	as long as short
Bybit BASEDUSDT	+0.0100%	4h	0.06814	+0.073%	$2.1M	$578K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06814	+0.073%	$2.6M	$3.5M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06814	+0.073%	$542K	$530K	50x	as long as short
MEXC BASED_USDT	+0.0100%	4h	0.06821	+0.176%	$4.8M	$647K	50x	as long as short
KuCoin BASEDUSDTMshort	+0.0100%	4h	0.06813	+0.059%	$571K	$105K	20x
Bitget BASEDUSDT	+0.0100%	4h	0.06825	+0.235%	$1.3M	$363K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06819	+0.147%	—	$1.7M	—	as long as short
Variational Omni BASED	+0.0100%	4h	0.06801	−0.123%	$93K	$22K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BASED_USDT_Perp	+0.0100%	4h	0.06745	−0.946%	$97K	$354K	10x	as long as short
SunX BASED-USDT	+0.0100%	4h	0.06814	+0.073%	$973	$810K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06820	+0.156%	$5K	$226K	5x	as long as short
Aster BASEDUSDT	+0.0197%	4h	0.06812	+0.051%	$29K	$6K	5x	as long as short
Orderly PERP_BASED_USDC	+0.0361%	4h	0.06821	+0.176%	$3K	$652	10x	as long as short