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

BLESS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.52 per $10,000 · paid last 24h −0.064%
Price spread now: KuCoin against Bitget−0.279%7-day average −0.136% · you buy dearer than you sell
Net, funding: paid 7d − costs−$720as in the Funding arb table
Net, price: spread back to 7d avg − costs−$731as in the Price arb table
costs, in and out, $10k−$7167.164% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 7 days+0.110%+$11 · spread now −0.279%, 7d avg −0.136%
Together, before fees+0.076%+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.143% cheaper against Bitget than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.136%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BLESSUSDT0.0093300.0204pay 0.0102% / 4h52m 42s$2.8M$725K10x
ShortKuCoin BLESSUSDTM0.0093040.0100get 0.0050% / 4h52m 42s$2.4M$222K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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
−$21.84
Price spread: −0.279% → −0.136%
−$14.3
Slippage, 4 orders
−$692.4
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$752.54
Costs to cover
7.164%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 4 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 Bitget live order book, 5 min ago5.35 bp26.1 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago11.77 bp405.3 bp −$405869.3 bp −$8,693doesn't fitdoesn't fit

BLESS on 12 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
GRVT BLESS_USDT_Perp0.0000%4h0.007339−21.341%$228K$3K10xas long as short
Bybit BLESSUSDT+0.0100%4h0.009313−0.182%$2.6M$550K13xas long as short
Gate BLESS_USDT+0.0100%4h0.009319−0.118%$875K$777K20xas long as short
KuCoin BLESSUSDTMshort+0.0100%4h0.009304−0.279%$2.4M$222K40x
Variational Omni BLESS+0.0100%4h0.009355+0.267%$8K$722as long as short
SunX BLESS-USDT+0.0100%4h0.009280−0.536%$2K$751K20xas long as short
Bitget BLESSUSDTlong+0.0204%4h0.009330long leg$2.8M$725K10x
BingX BLESS-USDT+0.0355%4h0.009322−0.086%$6.7Mas long as short
MEXC BLESS_USDT+0.0364%4h0.009323−0.075%$7.3M$648K100xas long as short
BloFin BLESS-USDT+0.0377%4h0.009356+0.279%$465K$170K40xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BLESSUSDT+0.0377%4h0.009321−0.096%$4.5M$3.7M40xas long as short
Aster BLESSUSDT+0.0410%4h0.009313−0.185%$49K$58K5xas long as short