Funding you earn now, next payment 04:00 UTC−0.0525%/8h= −57.5% APRnext payment −$2.62 per $10,000 · paid last 24h −0.007%
Price spread now: KuCoin against BloFin−0.228%50s7-day average −0.179% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,406as 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−$1,38813.882% of the position
Funding, last 7 days−0.175%−$18 on $10k
+Price spread, last 3 days (all we have)+0.271%+$27 · spread now −0.228%, 7d avg −0.179%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and KuCoin is 0.049% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.179%). Swap the legs. The two prices were read 50 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 -0.175% in total (about -9.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.62 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 | BloFin COLLECT-USDT | 0.01752 | 0.0625 | pay 0.0312% / 4h | 3h 54m | $323K | $6K | 20x |
| Short | KuCoin COLLECTUSDTM | 0.01748 | 0.0100 | get 0.0050% / 4h | 3h 54m | $703K | $59K | 20x |
BloFin COLLECT-USDT
KuCoin COLLECTUSDTMFunding 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
- −$110.22
- Price spread: −0.228% → −0.179%
- −$4.9
- Slippage, 4 orders
- −$1,364.21
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,503.33
- Costs to cover
- 13.882%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 15 min ago; KuCoin: live order book, 69 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, 15 min ago | 2.88 bp | 18.9 bp −$19 | 130.1 bp −$1,301 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 69 min ago | 5.78 bp | 586.4 bp −$586 | doesn't fit | doesn't fit | doesn't fit |
COLLECT 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COLLECTUSDT | +0.0100% | 4h | 0.01747 | −0.299% | $349K | $25K | 5x | as long as short |
| Gate COLLECT_USDT | +0.0100% | 4h | 0.01754 | +0.114% | $254K | $46K | 20x | as long as short |
| KuCoin COLLECTUSDTMshort | +0.0100% | 4h | 0.01748 | −0.228% | $703K | $59K | 20x | |
| BingX COLLECT-USDT | +0.0548% | 4h | 0.01753 | +0.057% | — | $2.3M | — | as long as short |
| Binance COLLECTUSDT | +0.0583% | 4h | 0.01750 | −0.114% | $5.0M | $1.8M | 20x | as long as short |
| Extended COLLECT-USD | +0.0584% | 1h | 0.01752 | −0.020% | $7K | $187K | 5x | as long as short |
| MEXC COLLECT_USDT | +0.0586% | 4h | 0.01750 | −0.114% | $521K | $119K | 50x | as long as short |
| BloFin COLLECT-USDTlong | +0.0625% | 4h | 0.01752 | long leg | $323K | $6K | 20x |
Aster COLLECTUSDT
Gate COLLECT_USDT
BingX COLLECT-USDT
Binance COLLECTUSDT
Extended COLLECT-USD
MEXC COLLECT_USDT