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

BLESS

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0382%/8h= +41.8% APRnext payment +$1.91 per $10,000 · paid last 24h +0.060%
Price spread now: Gate against KuCoin+0.214%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$305as in the Funding arb table
Net, price: spread back to 7d avg − costs−$329as in the Price arb table
costs, in and out, $10k−$3453.454% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.405%+$40 on $10k
Price spread, last 4 days (all we have)−0.329%−$33 · spread now +0.214%, 7d avg +0.055%
Together, before fees+0.076%+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Gate is 0.159% dearer against KuCoin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BLESSUSDTM0.0093500.0158pay 0.0079% / 4h8m 27s$2.3M$195K40x
ShortGate BLESS_USDT0.0093700.0540get 0.0270% / 4h8m 27s$890K$769K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$80.22
Price spread: +0.214% → +0.055%
$15.92
Slippage, 4 orders
−$318.37
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$249.23
Costs to cover
3.454%
Break-even
28.7 days
Slippage from KuCoin: live order book, 3 min ago; Gate: live order book, 3 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 KuCoin live order book, 3 min ago19.25 bp162.8 bp −$163975.3 bp −$9,753doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago3.74 bp66.4 bp −$66doesn't fitdoesn'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%4h0.007339−21.512%$228K$3K10xas long as short
Bybit BLESSUSDT+0.0100%4h0.009363+0.139%$2.6M$537K13xas long as short
Variational Omni BLESS+0.0100%4h0.009347−0.031%$9K$2Kas long as short
SunX BLESS-USDT+0.0100%4h0.009289−0.652%$1K$689K20xas long as short
KuCoin BLESSUSDTMlong+0.0158%4h0.009350long leg$2.3M$195K40x
Bitget BLESSUSDT+0.0208%4h0.009380+0.321%$2.8M$729K10xas long as short
Gate BLESS_USDTshort+0.0540%4h0.009370+0.214%$890K$769K20x
BingX BLESS-USDT+0.0632%4h0.009378+0.299%$6.7Mas long as short
BloFin BLESS-USDT+0.0662%4h0.009364+0.150%$460K$174K40xas long as short
MEXC BLESS_USDT+0.0670%4h0.009386+0.385%$7.3M$648K100xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BLESSUSDT+0.0678%4h0.009382+0.342%$4.5M$3.5M40xas long as short
Aster BLESSUSDT+0.0935%4h0.009354+0.048%$51K$57K5xas long as short