Funding you earn now, next payment 16:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.002%
Price spread now: KuCoin against BloFin−0.243%95s7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$786as 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−$7667.656% of the position
Funding, last 7 days−0.206%−$21 on $10k
+Price spread, last 4 days (all we have)+0.542%+$54 · spread now −0.243%, 7d avg +0.045%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.288% cheaper against BloFin than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of +0.045%). Swap the legs. The two prices were read 95 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 | BloFin C98-USDT | 0.01644 | 0.0128 | pay 0.0128% / 8h | 6h 19m | $135K | $9K | 50x |
| Short | KuCoin C98USDTM | 0.01640 | 0.0100 | get 0.0100% / 8h | 6h 19m | $199K | $36K | 20x |
BloFin C98-USDT
KuCoin C98USDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- −$5.88
- Price spread: −0.243% → +0.045%
- −$28.8
- Slippage, 4 orders
- −$741.64
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$800.32
- Costs to cover
- 7.656%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 24 min ago; KuCoin: live order book, 22 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 BloFin live order book, 24 min ago | 9.17 bp | 21.4 bp −$21 | 95.4 bp −$954 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 22 min ago | 33.57 bp | 378.4 bp −$378 | doesn't fit | doesn't fit | doesn't fit |
C98 on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance C98USDT | +0.0100% | 8h | 0.01640 | −0.256% | $1.4M | $1.9M | 50x | as long as short |
| Bybit C98USDT | +0.0100% | 8h | 0.01639 | −0.322% | $867K | $244K | 25x | as long as short |
| Gate C98_USDT | +0.0100% | 8h | 0.01642 | −0.122% | $106K | $47K | 25x | as long as short |
| MEXC C98_USDT | +0.0100% | 8h | 0.01639 | −0.304% | $275K | $104K | 100x | as long as short |
| KuCoin C98USDTMshort | +0.0100% | 8h | 0.01640 | −0.243% | $199K | $36K | 20x | |
| Bitget C98USDT | +0.0100% | 8h | 0.01640 | −0.243% | $188K | $328K | 50x | as long as short |
| Variational Omni C98 | +0.0100% | 8h | 0.01643 | −0.081% | $8K | $1 | — | as long as short |
| BloFin C98-USDTlong | +0.0128% | 8h | 0.01644 | long leg | $135K | $9K | 50x | |
| Kraken Futures PF_C98USD | +0.2846% | 1h | 0.01645 | +0.033% | $16K | $4K | 10x | as long as short |
Binance C98USDT
Bybit C98USDT
Gate C98_USDT
MEXC C98_USDT
Bitget C98USDT
Variational Omni C98
Kraken Futures PF_C98USD