BLESS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0595%/8h= −65.1% APRnext payment −$2.97 per $10,000 · paid last 24h −0.095%

Price spread now: KuCoin against Binance−0.424%7-day average −0.245% · you buy dearer than you sell

Net, funding: paid 7d − costs−$494as in the Funding arb table

Net, price: spread back to 7d avg − costs−$489as in the Price arb table

costs, in and out, $10k−$4714.710% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.231%−$23 on $10k

Price spread, last 7 days+0.229%+$23 · spread now −0.424%, 7d avg −0.245%

Together, before fees−0.002%$0 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and KuCoin is 0.180% cheaper against Binance than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.245%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.231% in total (about -12.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.97 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BLESSUSDT	0.009425	0.0725	pay 0.0362% / 4h	3h 15m	$4.6M	$3.5M	40x
Short	KuCoin BLESSUSDTM	0.009385	0.0130	get 0.0065% / 4h	3h 15m	$2.4M	$205K	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now −0.424%Rate

Funding earned: −$124.9
Price spread: −0.424% → −0.245%: −$17.96
Slippage, 4 orders: −$448.97
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$613.84
Costs to cover: 4.710%
Break-even: never at this rate

Slippage from Binance: live order book, 7 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 Binance live order book, 7 min ago	2.66 bp	27.9 bp −$28	284.8 bp −$2,848	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	12.27 bp	114.8 bp −$115	752.6 bp −$7,526	doesn't fit	doesn't fit

BLESS on 12 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
GRVT BLESS_USDT_Perp	0.0000%	4h	0.007339	−22.135%	$228K	$3K	10x	as long as short
Bybit BLESSUSDT	+0.0100%	4h	0.009404	−0.223%	$2.6M	$530K	13x	as long as short
Variational Omni BLESS	+0.0100%	4h	0.009394	−0.334%	$9K	$1K	—	as long as short
SunX BLESS-USDT	+0.0100%	4h	0.009341	−0.891%	$2K	$703K	20x	as long as short
KuCoin BLESSUSDTMshort	+0.0130%	4h	0.009385	−0.424%	$2.4M	$205K	40x
Bitget BLESSUSDT	+0.0356%	4h	0.009409	−0.170%	$2.8M	$715K	10x	as long as short
Gate BLESS_USDT	+0.0378%	4h	0.009399	−0.276%	$892K	$762K	20x	as long as short
BingX BLESS-USDT	+0.0690%	4h	0.009403	−0.233%	—	$6.7M	—	as long as short
MEXC BLESS_USDT	+0.0724%	4h	0.009424	−0.011%	$7.4M	$650K	100x	as long as short
Binance BLESSUSDTlong	+0.0725%	4h	0.009425	long leg	$4.6M	$3.5M	40x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BLESS-USDT	+0.0736%	4h	0.009414	−0.117%	$463K	$180K	40x	as long as short
Aster BLESSUSDT	+0.0915%	4h	0.009400	−0.265%	$51K	$56K	5x	as long as short