Funding you earn now, next payment 08:00 UTC−0.1053%/8h= −115.3% APRnext payment −$5.26 per $10,000 · paid last 24h −0.156%
Price spread now: BloFin against KuCoin+0.240%80s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,305as 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−$1,26312.627% of the position
Funding, last 7 days−0.423%−$42 on $10k
+Price spread, last 4 days (all we have)−0.303%−$30 · spread now +0.240%, 7d avg +0.007%
=The price spread pays, funding is against you. BloFin is 0.233% dearer against KuCoin than usual: you sell high and buy low (spread +0.240% now, against its 7-day average of +0.007%): +$23 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.423% in total) that is about 3.9 days. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.423% in total (about -22.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CHILLGUYUSDTM | 0.01460 | 0.1710 | pay 0.0855% / 4h | 2h 35m | $1.2M | $586K | 10x |
| Short | BloFin CHILLGUY-USDT | 0.01463 | 0.0657 | get 0.0329% / 4h | 2h 35m | $138K | $276K | 10x |
Funding 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
- −$221.12
- Price spread: +0.240% → +0.007%
- $23.33
- Slippage, 4 orders
- −$1,238.66
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$1,460.45
- Costs to cover
- 12.627%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 46 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, 4 min ago | 5.45 bp | 386.9 bp −$387 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 46 min ago | 5.97 bp | 52.6 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
CHILLGUY on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHILLGUYUSDT | +0.0100% | 4h | 0.01459 | −0.055% | $2.2M | $3.3M | 25x | as long as short |
| Gate CHILLGUY_USDT | +0.0100% | 4h | 0.01459 | −0.041% | $636K | $877K | 20x | as long as short |
| Variational Omni CHILLGUY | +0.0100% | 4h | 0.01458 | −0.139% | $4K | $17K | — | as long as short |
| Bitget CHILLGUYUSDT | +0.0272% | 4h | 0.01458 | −0.110% | $978K | $688K | 10x | as long as short |
| Aster CHILLGUYUSDT | +0.0283% | 4h | 0.01464 | +0.306% | $14K | $58K | 5x | as long as short |
| BingX CHILLGUY-USDT | +0.0406% | 4h | 0.01459 | −0.048% | — | $1.6M | — | as long as short |
| Binance CHILLGUYUSDT | +0.0411% | 4h | 0.01460 | +0.021% | $2.2M | $6.5M | 10x | as long as short |
| MEXC CHILLGUY_USDT | +0.0416% | 4h | 0.01459 | −0.041% | $695K | $313K | 100x | as long as short |
| BloFin CHILLGUY-USDTshort | +0.0657% | 4h | 0.01463 | +0.240% | $138K | $276K | 10x | |
| KuCoin CHILLGUYUSDTMlong | +0.1710% | 4h | 0.01460 | long leg | $1.2M | $586K | 10x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CHILLGUYUSD | +0.5057% | 1h | 0.01464 | +0.292% | $35K | $93K | 10x | as long as short |
KuCoin CHILLGUYUSDTM
BloFin CHILLGUY-USDT
Bybit CHILLGUYUSDT
Gate CHILLGUY_USDT
Variational Omni CHILLGUY
Bitget CHILLGUYUSDT
Aster CHILLGUYUSDT
BingX CHILLGUY-USDT
Binance CHILLGUYUSDT
MEXC CHILLGUY_USDT
Kraken Futures PF_CHILLGUYUSD