Funding you earn now, next payment 00:00 UTC−0.0376%/8h= −41.2% APRnext payment −$1.88 per $10,000 · paid last 24h −0.060%
Price spread now: KuCoin against Gate−0.150%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$386as in the Funding arb table
Net, price: spread back to 7d avg − costs−$355as in the Price arb table
costs, in and out, $10k−$3453.454% of the position
Funding, last 7 days−0.405%−$40 on $10k
+Price spread, last 4 days (all we have)+0.265%+$26 · spread now −0.150%, 7d avg −0.055%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and KuCoin is 0.095% cheaper against Gate than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.055%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BLESS_USDT | 0.009364 | 0.0540 | pay 0.0270% / 4h | 8m 19s | $890K | $769K | 20x |
| Short | KuCoin BLESSUSDTM | 0.009350 | 0.0164 | get 0.0082% / 4h | 8m 19s | $2.3M | $195K | 40x |
Gate BLESS_USDT
KuCoin BLESSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- −$78.96
- Price spread: −0.150% → −0.055%
- −$9.48
- Slippage, 4 orders
- −$318.37
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$433.81
- Costs to cover
- 3.454%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 3 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 Gate live order book, 3 min ago | 3.74 bp | 60.3 bp −$60 | 4855.6 bp −$48.6K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 19.25 bp | 55.9 bp −$56 | 786.1 bp −$7,861 | 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 | −21.630% | $228K | $3K | 10x | as long as short |
| Bybit BLESSUSDT | +0.0100% | 4h | 0.009358 | −0.064% | $2.6M | $537K | 13x | as long as short |
| Variational Omni BLESS | +0.0100% | 4h | 0.009347 | −0.180% | $9K | $2K | — | as long as short |
| SunX BLESS-USDT | +0.0100% | 4h | 0.009296 | −0.726% | $2K | $689K | 20x | as long as short |
| KuCoin BLESSUSDTMshort | +0.0164% | 4h | 0.009350 | −0.150% | $2.3M | $195K | 40x | |
| Bitget BLESSUSDT | +0.0208% | 4h | 0.009380 | +0.171% | $2.8M | $729K | 10x | as long as short |
| Gate BLESS_USDTlong | +0.0540% | 4h | 0.009364 | long leg | $890K | $769K | 20x | |
| BingX BLESS-USDT | +0.0632% | 4h | 0.009369 | +0.053% | — | $6.7M | — | as long as short |
| BloFin BLESS-USDT | +0.0662% | 4h | 0.009364 | 0.000% | $460K | $174K | 40x | as long as short |
| MEXC BLESS_USDT | +0.0670% | 4h | 0.009386 | +0.235% | $7.3M | $648K | 100x | as long as short |
GRVT BLESS_USDT_Perp
Bybit BLESSUSDT
Variational Omni BLESS
SunX BLESS-USDT
Bitget BLESSUSDT
BingX BLESS-USDT
BloFin BLESS-USDT
MEXC BLESS_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BLESSUSDT | +0.0678% | 4h | 0.009380 | +0.171% | $4.5M | $3.5M | 40x | as long as short |
| Aster BLESSUSDT | +0.0935% | 4h | 0.009355 | −0.091% | $51K | $57K | 5x | as long as short |
Binance BLESSUSDT
Aster BLESSUSDT