Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.008%
Price spread now: KuCoin against Pacifica+5.127%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.105%+$110 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. KuCoin is 5.127% dearer against Pacifica than usual: you sell high and buy low (spread +5.127% now, against zero (this spread has no 7-day history yet)): +$513 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 11 months. Mind the row above: over the last 7 days funding on this pair paid +1.105%, 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 | Pacifica BP | 0.8549 | 0.0100 | pay 0.0013% / 1h | 7m 30s | $82K | $73K | 3x |
| Short | KuCoin BPUSDTM | 0.8987 | 0.0050 | get 0.0050% / 8h | 1h 07m | $208K | $55K | 5x |
Pacifica BP
KuCoin BPUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Pacifica. 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
- −$10.5
- Price spread: +5.127% → 0.000%
- $512.69
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $482.19
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Pacifica: no order-book sample; KuCoin: live order book, 7 min ago. Net counts fees only.
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 Pacifica no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 7 min ago | 297.79 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BP on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BPUSDTMshort | +0.0050% | 8h | 0.8987 | +5.127% | $208K | $55K | 5x | |
| Pacifica BPlong | +0.0100% | 1h | 0.8549 | long leg | $82K | $73K | 3x | |
| Bybit BPUSDT | +0.0100% | 4h | 0.8707 | +1.847% | $1.5M | $423K | 5x | as long as short |
| Gate BP_USDT | +0.0100% | 4h | 0.9527 | +11.440% | $646K | $86K | 10x | as long as short |
| MEXC BP_USDT | +0.0100% | 4h | 0.8759 | +2.456% | $628K | $407K | 20x | as long as short |
Bybit BPUSDT
Gate BP_USDT
MEXC BP_USDT