BLESS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.32 per $10,000 · paid last 24h +0.020%

Price spread now: Bybit against KuCoin+0.160%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$401as in the Funding arb table

Net, price: spread back to 7d avg − costs−$452as in the Price arb table

costs, in and out, $10k−$4624.619% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.611%+$61 on $10k

Price spread, last 7 days−0.168%−$17 · spread now +0.160%, 7d avg +0.060%

Together, before fees+0.443%+$44 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.100% dearer against KuCoin than usual: you sell high and buy low (spread +0.160% now, against its 7-day average of +0.060%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.2 days. Mind the row above: over the last 7 days funding on this pair paid +0.611%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BLESSUSDTM	0.009350	0.0164	pay 0.0082% / 4h	8m 00s	$2.3M	$195K	40x
Short	Bybit BLESSUSDT	0.009365	0.0100	get 0.0050% / 4h	8m 00s	$2.6M	$537K	13x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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 KuCoinbpFee BybitbpOrdersPrice spread, now +0.160%Rate

Funding earned: −$13.44
Price spread: +0.160% → +0.060%: $10.01
Slippage, 4 orders: −$438.95
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$465.38
Costs to cover: 4.619%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 4 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, 4 min ago	19.25 bp	162.8 bp −$163	975.3 bp −$9,753	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	3.21 bp	125.1 bp −$125	doesn't fit	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	−21.512%	$228K	$3K	10x	as long as short
Bybit BLESSUSDTshort	+0.0100%	4h	0.009365	+0.160%	$2.6M	$537K	13x
Variational Omni BLESS	+0.0100%	4h	0.009347	−0.031%	$9K	$2K	—	as long as short
SunX BLESS-USDT	+0.0100%	4h	0.009296	−0.578%	$2K	$689K	20x	as long as short
KuCoin BLESSUSDTMlong	+0.0164%	4h	0.009350	long leg	$2.3M	$195K	40x
Bitget BLESSUSDT	+0.0208%	4h	0.009380	+0.321%	$2.8M	$729K	10x	as long as short
Gate BLESS_USDT	+0.0540%	4h	0.009367	+0.182%	$890K	$769K	20x	as long as short
BingX BLESS-USDT	+0.0632%	4h	0.009377	+0.289%	—	$6.7M	—	as long as short
BloFin BLESS-USDT	+0.0662%	4h	0.009364	+0.150%	$460K	$174K	40x	as long as short
MEXC BLESS_USDT	+0.0670%	4h	0.009384	+0.364%	$7.3M	$648K	100x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BLESSUSDT	+0.0678%	4h	0.009383	+0.353%	$4.5M	$3.5M	40x	as long as short
Aster BLESSUSDT	+0.0935%	4h	0.009355	+0.052%	$51K	$57K	5x	as long as short