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

CP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.26 per $10,000 · paid last 24h +0.010%
Price spread now: KuCoin against BloFin+0.213%65s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.213% dearer against BloFin than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CP-USDT0.014110.0049pay 0.0024% / 4h3h 50m$435$43K20x
ShortKuCoin CPUSDTM0.014140.0100get 0.0050% / 4h3h 50m$199K$893K20x

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

Profit calculator

Funding earned
$10.8
Price spread: +0.213% → 0.000%
$21.26
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$8.06
Costs to cover
0.240%
Break-even
1.8 days
Slippage unknown: BloFin: no order-book sample; KuCoin: live order book, 59 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell KuCoin live order book, 59 min ago10.67 bp181.5 bp −$182doesn't fitdoesn't fitdoesn't fit
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CP 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
BloFin CP-USDTlong+0.0049%4h0.01411long leg$435$43K20x
BingX CP-USDT+0.0070%4h0.01413+0.142%$1.0Mas long as short
OKX CP-USDT-SWAP+0.0100%4h0.01414+0.213%$4.0M$11.8M20xas long as short
Gate CP_USDT+0.0100%4h0.01413+0.142%$620K$554K20xas long as short
MEXC CP_USDT+0.0100%4h0.014110.000%$1.6M$371K20xas long as short
KuCoin CPUSDTMshort+0.0100%4h0.01414+0.213%$199K$893K20x
Bitget CPUSDT+0.0100%4h0.01413+0.170%$798K$1.7M20xas long as short
Bybit CPUSDT+0.0658%4h0.01415+0.283%$1.5M$2.8M20xas long as short