Funding you earn now, next payment 08:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.14 per $10,000 · paid last 24h −0.005%
Price spread now: KuCoin against BloFin−0.676%95s7-day average −0.213% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,260as 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−$1,25912.586% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)+0.572%+$57 · spread now −0.676%, 7d avg −0.213%
=Funding pays, the price is against you. KuCoin is 0.463% cheaper against BloFin than usual: you would sell low and buy high (spread −0.676% now, against its 7-day average of −0.213%). If the spread goes back, that is −$46 on $10k: about 56 days of funding at the current rate (+$1 a day). 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 CLO-USDT | 0.06362 | 0.0073 | pay 0.0036% / 4h | 2h 11m | $237K | $77K | 10x |
| Short | KuCoin CLOUSDTM | 0.06319 | 0.0100 | get 0.0050% / 4h | 2h 11m | $995K | $11.5M | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $5.75
- Price spread: −0.676% → −0.213%
- −$46.31
- Slippage, 4 orders
- −$1,234.58
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,299.14
- Costs to cover
- 12.586%
- Break-even
- 1588.1 days
Slippage from BloFin: live order book, 5 min ago; KuCoin: live order book, 2 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, 5 min ago | 3.14 bp | 34.2 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 10.27 bp | 426.3 bp −$426 | doesn't fit | doesn't fit | doesn't fit |
CLO on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CLO-USDTlong | +0.0073% | 4h | 0.06362 | long leg | $237K | $77K | 10x | |
| Binance CLOUSDT | +0.0100% | 4h | 0.06339 | −0.362% | $3.9M | $3.8M | 10x | as long as short |
| Bybit CLOUSDT | +0.0100% | 4h | 0.06345 | −0.267% | $700K | $627K | 20x | as long as short |
| MEXC CLO_USDT | +0.0100% | 4h | 0.06340 | −0.346% | $536K | $131K | 50x | as long as short |
| KuCoin CLOUSDTMshort | +0.0100% | 4h | 0.06319 | −0.676% | $995K | $11.5M | 10x | |
| BingX CLO-USDT | +0.0100% | 4h | 0.06348 | −0.220% | — | $1.4M | — | as long as short |
| SunX CLO-USDT | +0.0100% | 4h | 0.06355 | −0.110% | $2K | $1.3M | 20x | as long as short |
| Gate CLO_USDT | +0.0555% | 8h | 0.06364 | +0.031% | $434K | $676K | 20x | as long as short |
| Aster CLOUSDT | +0.0775% | 4h | 0.06356 | −0.101% | $30K | $50K | 5x | as long as short |
BloFin CLO-USDT
KuCoin CLOUSDTM
Binance CLOUSDT
Bybit CLOUSDT
MEXC CLO_USDT
BingX CLO-USDT
SunX CLO-USDT
Gate CLO_USDT
Aster CLOUSDT