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

BLAST

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0114%/8h= −12.5% APRpaid last 24h +0.124%
Price spread now: KuCoin against Bybit+0.256%7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,154as in the Price arb table
costs, in and out, $10k−$2,18521.852% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.175%+$17 on $10k
Price spread, last 4 days (all we have)−0.621%−$62 · spread now +0.256%, 7d avg −0.061%
Together, before fees−0.446%−$45 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.316% dearer against Bybit than usual: you sell high and buy low (spread +0.256% now, against its 7-day average of −0.061%): +$32 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 9.3 days. Mind the row above: over the last 7 days funding on this pair paid +0.175%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BLASTUSDT0.00039070.0100pay 0.0100% / 8h1h 32m$984K$717K20x
ShortKuCoin BLASTUSDTM0.0003917−0.0014pay 0.0007% / 4h1h 32m$116K$42K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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
−$23.94
Price spread: +0.256% → −0.061%
$31.65
Slippage, 4 orders
−$2,162.15
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$2,177.44
Costs to cover
21.852%
Break-even
never at this rate
Slippage from Bybit: live order book, 47 min ago; KuCoin: live order book, 31 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 Bybit live order book, 47 min ago2.57 bp83.5 bp −$83doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 31 min ago36.02 bp923.4 bp −$923doesn't fitdoesn't fitdoesn't fit

BLAST on 3 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
KuCoin BLASTUSDTMshort−0.0014%4h0.0003917+0.256%$116K$42K20x
Variational Omni BLAST0.0000%8h0.0003912+0.116%$20K$14Kas long as short
Bybit BLASTUSDTlong+0.0100%8h0.0003907long leg$984K$717K20x