Funding you earn now, next payment 04:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.26 per $10,000 · paid last 24h +0.006%
Price spread now: KuCoin against BloFin+0.072%65s7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as 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−$2152.146% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 4 days (all we have)+0.330%+$33 · spread now +0.072%, 7d avg +0.025%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.047% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.025%. The two prices were read 65 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 CFG-USDT | 0.1387 | 0.0048 | pay 0.0024% / 4h | 19m 57s | $196K | $34K | 50x |
| Short | KuCoin CFGUSDTM | 0.1388 | 0.0100 | get 0.0050% / 4h | 19m 57s | $434K | $136K | 20x |
BloFin CFG-USDT
KuCoin CFGUSDTMFunding 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
- $10.94
- Price spread: +0.072% → +0.025%
- $4.72
- Slippage, 4 orders
- −$190.6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$198.94
- Costs to cover
- 2.146%
- Break-even
- 134.2 days
Slippage from BloFin: live order book, 10 min ago; KuCoin: live order book, 62 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, 10 min ago | 10.78 bp | 30.3 bp −$30 | 103.4 bp −$1,034 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 62 min ago | 14.27 bp | 57.6 bp −$58 | 592.9 bp −$5,929 | doesn't fit | doesn't fit |
CFG on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CFGUSD | −0.1797% | 1h | 0.1388 | +0.046% | $11K | $5K | 10x | as long as short |
| BloFin CFG-USDTlong | +0.0048% | 4h | 0.1387 | long leg | $196K | $34K | 50x | |
| Aster CFGUSDT | +0.0100% | 4h | 0.1388 | +0.073% | $11K | $41K | 10x | as long as short |
| Binance CFGUSDT | +0.0100% | 4h | 0.1388 | +0.087% | $3.0M | $7.9M | 50x | as long as short |
| Bybit CFGUSDT | +0.0100% | 4h | 0.1386 | −0.072% | $2.0M | $2.0M | 25x | as long as short |
| Gate CFG_USDT | +0.0100% | 4h | 0.1388 | +0.036% | $549K | $335K | 20x | as long as short |
| MEXC CFG_USDT | +0.0100% | 4h | 0.1388 | +0.072% | $371K | $142K | 20x | as long as short |
| KuCoin CFGUSDTMshort | +0.0100% | 4h | 0.1388 | +0.072% | $434K | $136K | 20x | |
| Bitget CFGUSDT | +0.0100% | 4h | 0.1388 | +0.043% | $976K | $881K | 20x | as long as short |
| BingX CFG-USDT | +0.0100% | 4h | 0.1388 | +0.072% | — | $1.7M | — | as long as short |
Kraken Futures PF_CFGUSD
Aster CFGUSDT
Binance CFGUSDT
Bybit CFGUSDT
Gate CFG_USDT
MEXC CFG_USDT
Bitget CFGUSDT
BingX CFG-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CFG-USDT | +0.0100% | 4h | 0.1388 | +0.072% | $2K | $1.2M | 20x | as long as short |
| Extended CFG-USD | +0.0104% | 1h | 0.1388 | +0.047% | $29K | $290K | 5x | as long as short |
SunX CFG-USDT
Extended CFG-USD