Funding you earn now, next payment 08:00 UTC+0.0224%/8h= +24.5% APRnext payment +$1.12 per $10,000 · paid last 24h +0.094%
Price spread now: BloFin against KuCoin+0.311%80s7-day average +0.332% · you sell dearer than you buy
Net, funding: paid 7d − costs−$492as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$5165.156% of the position
Funding, last 7 days+0.237%+$24 on $10k
+Price spread, last 4 days (all we have)+0.559%+$56 · spread now +0.311%, 7d avg +0.332%
=Funding pays, the price is against you. BloFin is 0.021% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.311% now, against its 7-day average of +0.332%). If the spread goes back, that is −$2 on $10k: about 7 hours of funding at the current rate (+$7 a day). The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BLESSUSDTM | 0.009310 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $2.4M | $221K | 40x |
| Short | BloFin BLESS-USDT | 0.009339 | 0.0324 | get 0.0162% / 4h | 3h 55m | $465K | $170K | 40x |
KuCoin BLESSUSDTM
BloFin BLESS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $47.08
- Price spread: +0.311% → +0.332%
- −$2.08
- Slippage, 4 orders
- −$491.59
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$470.59
- Costs to cover
- 5.156%
- Break-even
- 77.0 days
Slippage from KuCoin: live order book, 1 min ago; BloFin: live order book, 40 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 KuCoin live order book, 1 min ago | 8.59 bp | 85.7 bp −$86 | 970.6 bp −$9,706 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 40 min ago | 6.44 bp | 26.7 bp −$27 | 105.9 bp −$1,059 | 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 | −21.169% | $228K | $3K | 10x | as long as short |
| KuCoin BLESSUSDTMlong | +0.0100% | 4h | 0.009310 | long leg | $2.4M | $221K | 40x | |
| Variational Omni BLESS | +0.0100% | 4h | 0.009344 | +0.369% | $9K | $722 | — | as long as short |
| SunX BLESS-USDT | +0.0100% | 4h | 0.009280 | −0.322% | $2K | $758K | 20x | as long as short |
| Bitget BLESSUSDT | +0.0142% | 4h | 0.009332 | +0.236% | $2.8M | $724K | 10x | as long as short |
| Gate BLESS_USDT | +0.0190% | 4h | 0.009323 | +0.140% | $876K | $773K | 20x | as long as short |
| MEXC BLESS_USDT | +0.0308% | 4h | 0.009344 | +0.365% | $7.3M | $652K | 100x | as long as short |
| Binance BLESSUSDT | +0.0310% | 4h | 0.009343 | +0.357% | $4.5M | $3.7M | 40x | as long as short |
| BloFin BLESS-USDTshort | +0.0324% | 4h | 0.009339 | +0.311% | $465K | $170K | 40x | |
| Aster BLESSUSDT | +0.0445% | 4h | 0.009336 | +0.279% | $49K | $58K | 5x | as long as short |
GRVT BLESS_USDT_Perp
Variational Omni BLESS
SunX BLESS-USDT
Bitget BLESSUSDT
Gate BLESS_USDT
MEXC BLESS_USDT
Binance BLESSUSDT
Aster BLESSUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BLESSUSDT | +0.0550% | 4h | 0.009324 | +0.150% | $2.6M | $560K | 13x | as long as short |
| BingX BLESS-USDT | +0.1392% | 4h | 0.009337 | +0.290% | — | $6.7M | — | as long as short |
Bybit BLESSUSDT
BingX BLESS-USDT