Funding you earn now, next payment 04:00 UTC−0.0087%/8h= −9.6% APRnext payment −$0.44 per $10,000 · paid last 24h +0.103%
Price spread now: BloFin against KuCoin−0.287%50s7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as 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−$1731.734% of the position
Funding, last 7 days+0.307%+$31 on $10k
+Price spread, last 3 days (all we have)+0.979%+$98 · spread now −0.287%, 7d avg +0.066%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BloFin is 0.352% cheaper against KuCoin than usual: you would sell low and buy high (−$35 if the spread goes back to its 7-day average of +0.066%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.307%, so the current rate has only just turned against you. The two prices were read 50 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 COTIUSDTM | 0.01500 | 0.0100 | pay 0.0050% / 4h | 3h 56m | $1.9M | $1.6M | 50x |
| Short | BloFin COTI-USDT | 0.01496 | 0.0013 | get 0.0006% / 4h | 3h 56m | $412K | $501K | 50x |
KuCoin COTIUSDTM
BloFin COTI-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
- −$18.34
- Price spread: −0.287% → +0.066%
- −$35.25
- Slippage, 4 orders
- −$149.43
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$227.01
- Costs to cover
- 1.734%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; BloFin: live order book, 14 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, 10 min ago | 3.36 bp | 57.5 bp −$57 | 534.0 bp −$5,340 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 14 min ago | 8.70 bp | 39.3 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
COTI on 10 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 COTIUSDT | −0.0391% | 4h | 0.01499 | −0.053% | $8K | $291K | 5x | as long as short |
| Binance COTIUSDT | −0.0233% | 4h | 0.01492 | −0.560% | $7.5M | $36.0M | 50x | as long as short |
| MEXC COTI_USDT | −0.0226% | 4h | 0.01496 | −0.253% | $12.7M | $1.9M | 50x | as long as short |
| BloFin COTI-USDTshort | +0.0013% | 4h | 0.01496 | −0.287% | $412K | $501K | 50x | |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01499 | −0.060% | $3.7M | $7.9M | 50x | as long as short |
| Gate COTI_USDT | +0.0100% | 4h | 0.01502 | +0.133% | $437K | $881K | 25x | as long as short |
| KuCoin COTIUSDTMlong | +0.0100% | 4h | 0.01500 | long leg | $1.9M | $1.6M | 50x | |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01500 | 0.000% | $3.3M | $2.6M | 50x | as long as short |
| BingX COTI-USDT | +0.0100% | 4h | 0.01492 | −0.533% | — | $1.6M | — | as long as short |
| Variational Omni COTI | +0.0100% | 8h | 0.01494 | −0.410% | $26K | $30K | — | as long as short |
Aster COTIUSDT
Binance COTIUSDT
MEXC COTI_USDT
Bybit COTIUSDT
Gate COTI_USDT
Bitget COTIUSDT
BingX COTI-USDT
Variational Omni COTI