Funding you earn now, next payment 08:00 UTC+0.0129%/8h= +14.2% APRnext payment +$0.65 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against KuCoin+0.059%80s7-day average +0.217% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,340as 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−$1,34113.413% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+0.064%+$6 · spread now +0.059%, 7d avg +0.217%
=Funding pays, the price is against you. BloFin is 0.157% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.059% now, against its 7-day average of +0.217%). If the spread goes back, that is −$16 on $10k: about 4.1 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.017% in total) that is about 2 months. The two prices were read 80 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 CLOUSDTM | 0.06743 | 0.0010 | pay 0.0005% / 4h | 1h 05m | $1.1M | $11.8M | 10x |
| Short | BloFin CLO-USDT | 0.06747 | 0.0139 | get 0.0070% / 4h | 1h 05m | $255K | $83K | 10x |
KuCoin CLOUSDTM
BloFin CLO-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
- $27.16
- Price spread: +0.059% → +0.217%
- −$15.74
- Slippage, 4 orders
- −$1,317.29
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$1,329.87
- Costs to cover
- 13.413%
- Break-even
- 349.7 days
Slippage from KuCoin: live order book, 3 min ago; BloFin: 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 KuCoin live order book, 3 min ago | 7.42 bp | 783.5 bp −$784 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 14.84 bp | 47.0 bp −$47 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CLOUSDTMlong | +0.0010% | 4h | 0.06743 | long leg | $1.1M | $11.8M | 10x | |
| Bybit CLOUSDT | +0.0100% | 4h | 0.06755 | +0.178% | $770K | $849K | 20x | as long as short |
| SunX CLO-USDT | +0.0100% | 4h | 0.06728 | −0.222% | $1K | $1.8M | 20x | as long as short |
| BloFin CLO-USDTshort | +0.0139% | 4h | 0.06747 | +0.059% | $255K | $83K | 10x | |
| BingX CLO-USDT | +0.0158% | 4h | 0.06776 | +0.489% | — | $1.4M | — | as long as short |
| MEXC CLO_USDT | +0.0160% | 4h | 0.06740 | −0.044% | $575K | $139K | 50x | as long as short |
| Binance CLOUSDT | +0.0164% | 4h | 0.06758 | +0.227% | $4.3M | $5.1M | 10x | as long as short |
| Gate CLO_USDT | +0.0455% | 8h | 0.06761 | +0.267% | $467K | $783K | 20x | as long as short |
| Aster CLOUSDT | +0.0867% | 4h | 0.06752 | +0.135% | $32K | $84K | 5x | as long as short |
Bybit CLOUSDT
SunX CLO-USDT
BingX CLO-USDT
MEXC CLO_USDT
Binance CLOUSDT
Gate CLO_USDT
Aster CLOUSDT