Settings8H · net · $10k
Funding arb · Price arb /

COLLECT

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0040%/8h= +4.3% APRnext payment +$0.20 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against KuCoin−0.166%95s7-day average +0.185% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,476as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1,48914.892% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.130%+$13 on $10k
Price spread, last 4 days (all we have)−0.585%−$58 · spread now −0.166%, 7d avg +0.185%
Together, before fees−0.454%−$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.351% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.166% now, against its 7-day average of +0.185%). If the spread goes back, that is −$35 on $10k: about 30 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin COLLECTUSDTM0.018070.0226pay 0.0113% / 4h2h 57m$734K$79K20x
ShortBloFin COLLECT-USDT0.018040.0266get 0.0133% / 4h2h 57m$327K$7K20x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$8.31
Price spread: −0.166% → +0.185%
−$35.06
Slippage, 4 orders
−$1,465.21
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$1,515.96
Costs to cover
14.892%
Break-even
1284.4 days
Slippage from KuCoin: live order book, 47 min ago; BloFin: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 47 min ago5.53 bp905.8 bp −$906doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 12 min ago8.31 bp26.8 bp −$27135.4 bp −$1,354doesn't fitdoesn't fit

COLLECT on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster COLLECTUSDT+0.0100%4h0.01809+0.083%$358K$29K5xas long as short
Gate COLLECT_USDT+0.0100%4h0.01819+0.664%$261K$60K20xas long as short
KuCoin COLLECTUSDTMlong+0.0226%4h0.01807long leg$734K$79K20x
BingX COLLECT-USDT+0.0260%4h0.01805−0.111%$2.3Mas long as short
BloFin COLLECT-USDTshort+0.0266%4h0.01804−0.166%$327K$7K20x
Extended COLLECT-USD+0.0288%1h0.01806−0.028%$5K$265K5xas long as short
MEXC COLLECT_USDT+0.0288%4h0.01805−0.111%$544K$114K50xas long as short
Binance COLLECTUSDT+0.0296%4h0.01806−0.055%$5.1M$2.1M20xas long as short