CAP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.11 per $10,000 · paid last 24h −0.115%

Price spread now: KuCoin against BloFin−0.151%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$106as in the Funding arb table

Net, price: spread back to 7d avg − costs−$147as in the Price arb table

costs, in and out, $10k−$1331.327% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.265%+$27 on $10k

Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.151%, 7d avg −0.007%

Together, before fees+0.323%+$32 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.144% cheaper against BloFin than usual: you would sell low and buy high (spread −0.151% now, against its 7-day average of −0.007%). If the spread goes back, that is −$14 on $10k: about 22 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.265% in total) that is about 3.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin CAP-USDT	0.04644	0.0079	pay 0.0039% / 4h	2h 36m	$364K	$61K	10x
Short	KuCoin CAPUSDTM	0.04637	0.0100	get 0.0050% / 4h	2h 36m	$4.3M	$1.3M	10x

Funding 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 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 BloFinbpFee KuCoinbpOrdersPrice spread, now −0.151%Rate

Funding earned: $4.49
Price spread: −0.151% → −0.007%: −$14.38
Slippage, 4 orders: −$108.7
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$142.59
Costs to cover: 1.327%
Break-even: 229.5 days

Slippage from BloFin: live order book, 53 min ago; KuCoin: live order book, 6 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, 53 min ago	2.15 bp	18.7 bp −$19	61.2 bp −$612	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	4.30 bp	45.8 bp −$46	461.0 bp −$4,610	doesn't fit	doesn't fit

CAP on 14 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
gTrade (Gains Network) CAP/USD	L 0.0000% / S 0.0000%	1h	0.04638	−0.129%	—	—	150x	as long as short
BingX CAP-USDT	+0.0070%	4h	0.04638	−0.129%	—	$1.6M	—	as long as short
BloFin CAP-USDTlong	+0.0079%	4h	0.04644	long leg	$364K	$61K	10x
Lighter CAP	+0.0096%	1h	0.04640	−0.082%	$19K	$2K	3x	as long as short
Aster CAPUSDT	+0.0100%	4h	0.04636	−0.177%	$25K	$58K	5x	as long as short
Binance CAPUSDT	+0.0100%	4h	0.04640	−0.086%	$8.7M	$8.1M	10x	as long as short
Bybit CAPUSDT	+0.0100%	4h	0.04638	−0.129%	$4.4M	$3.8M	10x	as long as short
Gate CAP_USDT	+0.0100%	4h	0.04639	−0.108%	$321K	$1.1M	20x	as long as short
MEXC CAP_USDT	+0.0100%	4h	0.04638	−0.129%	$547K	$217K	20x	as long as short
KuCoin CAPUSDTMshort	+0.0100%	4h	0.04637	−0.151%	$4.3M	$1.3M	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CAPUSDT	+0.0100%	4h	0.04637	−0.151%	$1.0M	$593K	10x	as long as short
Variational Omni CAP	+0.0100%	4h	0.04647	+0.070%	$8K	$8K	—	as long as short
Orderly PERP_CAP_USDC_mythos	+0.0100%	4h	0.04639	−0.118%	$4K	$2K	10x	as long as short
OKX CAP-USDT-SWAP	+0.0222%	4h	0.04641	−0.065%	$1.9M	$7.1M	10x	as long as short