Funding you earn now, next payment 16:00 UTC+0.0152%/8h= +16.6% APRnext payment +$1.52 per $10,000 · paid last 24h +0.027%
Price spread now: BloFin against KuCoin+0.015%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$580.576% of the position
Funding, last 7 days+0.130%+$13 on $10k
+Price spread, last 4 days (all we have)−0.066%−$7 · spread now +0.015%, 7d avg −0.026%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.041% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BCHUSDTM | 267.46 | −0.0076 | get 0.0076% / 8h | 7h 52m | $8.6M | $6.3M | 75x |
| Short | BloFin BCH-USDT | 267.50 | 0.0076 | get 0.0076% / 8h | 7h 52m | $3.6M | $4.9M | 50x |
KuCoin BCHUSDTM
BloFin BCH-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
- $31.9
- Price spread: +0.015% → −0.026%
- $4.14
- Slippage, 4 orders
- −$33.59
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$21.56
- Costs to cover
- 0.576%
- Break-even
- 11.7 days
Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 6 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, 5 min ago | 2.24 bp | 19.4 bp −$19 | 56.0 bp −$560 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 1.87 bp | 9.3 bp −$9 | 15.8 bp −$158 | 40.2 bp −$4,024 | doesn't fit |
BCH on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDT | −0.0584% | 8h | 267.39 | −0.026% | $5.0M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0368% | 1h | 267.35 | −0.041% | $2K | $8K | 10x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0158% | 1h | 267.66 | +0.076% | $870K | $2.7M | 50x | as long as short |
| Variational Omni BCH | −0.0135% | 8h | 267.21 | −0.095% | $145K | $259K | — | as long as short |
| Gate BCH_USDT | −0.0115% | 8h | 267.43 | −0.011% | $8.4M | $12.8M | 75x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0101% | 1h | 267.57 | +0.041% | $420K | $359K | 25x | as long as short |
| GRVT BCH_USDT_Perp | −0.0086% | 8h | 267.17 | −0.109% | $390K | $17K | 10x | as long as short |
| OKX BCH-USDT-SWAP | −0.0080% | 8h | 267.80 | +0.127% | $25.3M | $78.6M | 50x | as long as short |
| KuCoin BCHUSDTMlong | −0.0076% | 8h | 267.46 | long leg | $8.6M | $6.3M | 75x | |
| Bitget BCHUSDT | −0.0073% | 8h | 267.46 | 0.000% | $19.3M | $27.1M | 75x | as long as short |
Phemex BCHUSDT
SoDEX BCH-USD
Kraken Futures PF_BCHUSD
Variational Omni BCH
Gate BCH_USDT
Deribit BCH_USDC-PERPETUAL
GRVT BCH_USDT_Perp
OKX BCH-USDT-SWAP
Bitget BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0048% | 1h | 267.78 | +0.119% | $119K | $917K | 25x | as long as short |
| Binance BCHUSDT | −0.0044% | 8h | 267.42 | −0.014% | $74.1M | $215.3M | 75x | as long as short |
| MEXC BCH_USDT | −0.0043% | 8h | 268.06 | +0.224% | $72.2M | $9.1M | 200x | as long as short |
| BingX BCH-USDC | −0.0035% | 8h | 267.42 | −0.015% | — | $6.5M | — | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 267.36 | −0.037% | $15K | — | 150x | as long as short |
| Pacifica BCH | −0.0002% | 1h | 267.30 | −0.060% | $155K | $299K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 267.36 | −0.037% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 267.63 | +0.064% | $1.0M | $9.9M | 2.7x | as long as short |
| Aster BCHUSDT | +0.0016% | 8h | 267.37 | −0.033% | $141K | $566K | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.024% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0045% | 8h | 267.40 | −0.022% | $2K | — | 10x | as long as short |
| Nado BCH-PERP | +0.0065% | 1h | 267.25 | −0.079% | $429K | $361K | 10x | as long as short |
| Bybit BCHUSDT | +0.0068% | 8h | 267.80 | +0.127% | $39.6M | $32.2M | 75x | as long as short |
| BloFin BCH-USDTshort | +0.0076% | 8h | 267.50 | +0.015% | $3.6M | $4.9M | 50x | |
| Coinbase International BCH-PERP-INTX | +0.0088% | 1h | 267.53 | +0.026% | $307K | $2.1M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 267.53 | +0.028% | $374K | $492K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 267.65 | +0.071% | $5.8M | $4.7M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.09 | −0.140% | $19K | $344K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 267.20 | −0.097% | $96K | $242K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.13 | −0.123% | $2K | $1.6M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 267.23 | −0.086% | $778K | $1.4M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0203% / S −0.0147% | 1h | 267.57 | +0.042% | $13K | — | 100x | as long as short |
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
BingX BCH-USDC
gTrade (Gains Network) BCH/USD
Pacifica BCH
dYdX BCH-USD
Kalshi KXBCHPERP
Aster BCHUSDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
Nado BCH-PERP
Bybit BCHUSDT
Coinbase International BCH-PERP-INTX
Lighter BCH
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]