Funding you earn now, next payment 08:00 UTC−0.0386%/8h= −42.3% APRnext payment −$3.86 per $10,000 · paid last 24h −0.117%
Price spread now: BloFin against KuCoin−0.124%95s7-day average −0.171% · you buy dearer than you sell
Net, funding: paid 7d − costs−$315as 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−$2412.410% of the position
Funding, last 7 days−0.741%−$74 on $10k
+Price spread, last 3 days (all we have)−0.754%−$75 · spread now −0.124%, 7d avg −0.171%
=The price spread pays, funding is against you. BloFin is 0.047% dearer against KuCoin than usual: you sell high and buy low (spread −0.124% now, against its 7-day average of −0.171%): +$5 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 10 hours. 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 | KuCoin CELRUSDTM | 0.003236 | −0.6117 | get 0.6117% / 8h | 7h 37m | $408K | $4.3M | 25x |
| Short | BloFin CELR-USDT | 0.003232 | −0.6503 | pay 0.6503% / 8h | 7h 37m | $355K | $500K | 25x |
KuCoin CELRUSDTM
BloFin CELR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- −$81.07
- Price spread: −0.124% → −0.171%
- $4.72
- Slippage, 4 orders
- −$217.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$317.38
- Costs to cover
- 2.410%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; BloFin: live order book, 33 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, 10 min ago | 10.83 bp | 89.4 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 33 min ago | 13.65 bp | 26.5 bp −$26 | 63.3 bp −$633 | doesn't fit | doesn't fit |
CELR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC CELR_USDT | −0.6505% | 8h | 0.003241 | +0.155% | $588K | $1.7M | 50x | as long as short |
| BloFin CELR-USDTshort | −0.6503% | 8h | 0.003232 | −0.124% | $355K | $500K | 25x | |
| Binance CELRUSDT | −0.6490% | 8h | 0.003241 | +0.144% | $3.8M | $54.4M | 25x | as long as short |
| KuCoin CELRUSDTMlong | −0.6117% | 8h | 0.003236 | long leg | $408K | $4.3M | 25x | |
| Bitget CELRUSDT | −0.5893% | 8h | 0.003239 | +0.093% | $584K | $5.6M | 25x | as long as short |
| Gate CELR_USDT | −0.4662% | 8h | 0.003243 | +0.216% | $223K | $1.3M | 25x | as long as short |
| Kraken Futures PF_CELRUSD | −0.4559% | 1h | 0.003231 | −0.142% | $35K | $63K | 10x | as long as short |
| BingX CELR-USDT | −0.4143% | 8h | 0.003242 | +0.185% | — | $2.7M | — | as long as short |
MEXC CELR_USDT
Binance CELRUSDT
Bitget CELRUSDT
Gate CELR_USDT
Kraken Futures PF_CELRUSD
BingX CELR-USDT