BILL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0497%/8h= −54.5% APRnext payment −$2.49 per $10,000 · paid last 24h −0.167%

Price spread now: BloFin against KuCoin−0.036%7-day average −0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,413as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,359as in the Price arb table

costs, in and out, $10k−$1,36013.604% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.530%−$53 on $10k

Price spread, last 4 days (all we have)−0.092%−$9 · spread now −0.036%, 7d avg −0.055%

Together, before fees−0.623%−$62 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.055%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BILLUSDTM	0.01371	0.0608	pay 0.0304% / 4h	2h 18m	$454K	$476K	20x
Short	BloFin BILL-USDT	0.01370	0.0111	get 0.0055% / 4h	2h 18m	$150K	$16K	20x

Funding history

latest

Range statsloading…

BloFin against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

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

Position, each leg$Hold fordaysFee KuCoinbpFee BloFinbpOrdersPrice spread, now −0.036%Rate

Slippage from KuCoin: live order book, 26 min ago; BloFin: live order book, 25 min ago.

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, 26 min ago	7.63 bp	717.1 bp −$717	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 25 min ago	14.56 bp	44.5 bp −$45	226.7 bp −$2,267	doesn't fit	doesn't fit

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 BILLUSDT	+0.0100%	4h	0.01371	+0.066%	$3K	$6K	5x	as long as short
Bybit BILLUSDT	+0.0100%	4h	0.01370	−0.036%	$1.3M	$994K	20x	as long as short
Gate BILL_USDT	+0.0100%	4h	0.01370	−0.036%	$296K	$134K	20x	as long as short
SunX BILL-USDT	+0.0100%	4h	0.01372	+0.109%	$2K	$1.3M	20x	as long as short
HTX BILL-USDT	+0.0100%	4h	0.01370	−0.036%	$11K	$38K	20x	as long as short
BloFin BILL-USDTshort	+0.0111%	4h	0.01370	−0.036%	$150K	$16K	20x
Binance BILLUSDT	+0.0134%	4h	0.01371	+0.065%	$2.5M	$4.2M	20x	as long as short
Extended BILL-USD	+0.0136%	1h	0.01371	+0.027%	$2K	$263K	5x	as long as short
MEXC BILL_USDT	+0.0138%	4h	0.01371	+0.036%	$1.0M	$357K	50x	as long as short
OKX BILL-USDT-SWAP	+0.0277%	4h	0.01371	+0.036%	$1.1M	$3.0M	20x	as long as short

Show all 16 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BILLUSDT	+0.0342%	4h	0.01372	+0.109%	$678K	$1.5M	20x	as long as short
BingX BILL-USDT	+0.0360%	4h	0.01372	+0.109%	—	$1.7M	—	as long as short
KuCoin BILLUSDTMlong	+0.0608%	4h	0.01371	long leg	$454K	$476K	20x
Coinbase International BILL-PERP-INTX	+0.0824%	1h	0.01372	+0.117%	$33K	$74K	50x	as long as short
Backpack BILL_USDC_PERP	+0.1209%	1h	0.01370	−0.036%	$21K	$591	5x	as long as short
Deribit BILL_USDC-PERPETUAL	+0.2014%	1h	0.01372	+0.117%	$139K	$65K	10x	as long as short