Funding you earn now, next payment 08:00 UTC+0.0058%/8h= +6.3% APRnext payment +$0.29 per $10,000 · paid last 24h +0.001%
Price spread now: KuCoin against BloFin−0.151%65s7-day average +0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$520as 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−$5225.218% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.151%, 7d avg +0.104%
=Funding pays, the price is against you. KuCoin is 0.255% cheaper against BloFin than usual: you would sell low and buy high (spread −0.151% now, against its 7-day average of +0.104%). If the spread goes back, that is −$25 on $10k: about 15 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.021% in total) that is about 3 months. The two prices were read 65 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 | BloFin CYBER-USDT | 0.3317 | 0.0042 | pay 0.0021% / 4h | 22m 13s | $110K | $4K | 50x |
| Short | KuCoin CYBERUSDTM | 0.3312 | 0.0100 | get 0.0050% / 4h | 22m 13s | $515K | $66K | 30x |
BloFin CYBER-USDT
KuCoin CYBERUSDTMFunding 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
- $12.17
- Price spread: −0.151% → +0.104%
- −$25.48
- Slippage, 4 orders
- −$497.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$535.1
- Costs to cover
- 5.218%
- Break-even
- 314.7 days
Slippage from BloFin: live order book, 39 min ago; KuCoin: live order book, 12 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, 39 min ago | 3.03 bp | 29.0 bp −$29 | 100.4 bp −$1,004 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 12 min ago | 22.50 bp | 240.2 bp −$240 | doesn't fit | doesn't fit | doesn't fit |
CYBER on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CYBERUSDT | −0.0460% | 4h | 0.3300 | −0.513% | $897K | $535K | 25x | as long as short |
| Kraken Futures PF_CYBERUSD | −0.0226% | 1h | 0.3308 | −0.271% | $10K | $5K | 10x | as long as short |
| BloFin CYBER-USDTlong | +0.0042% | 4h | 0.3317 | long leg | $110K | $4K | 50x | |
| Aster CYBERUSDT | +0.0100% | 4h | 0.3302 | −0.449% | $14K | $3K | 5x | as long as short |
| Binance CYBERUSDT | +0.0100% | 4h | 0.3304 | −0.392% | $1.7M | $2.4M | 50x | as long as short |
| Gate CYBER_USDT | +0.0100% | 8h | 0.3302 | −0.452% | $141K | $271K | 40x | as long as short |
| MEXC CYBER_USDT | +0.0100% | 4h | 0.3303 | −0.422% | $289K | $82K | 50x | as long as short |
| KuCoin CYBERUSDTMshort | +0.0100% | 4h | 0.3312 | −0.151% | $515K | $66K | 30x | |
| Bitget CYBERUSDT | +0.0100% | 4h | 0.3303 | −0.422% | $291K | $249K | 50x | as long as short |
| BingX CYBER-USDT | +0.0100% | 4h | 0.3303 | −0.422% | — | $2.3M | — | as long as short |
Bybit CYBERUSDT
Kraken Futures PF_CYBERUSD
Aster CYBERUSDT
Binance CYBERUSDT
Gate CYBER_USDT
MEXC CYBER_USDT
Bitget CYBERUSDT
BingX CYBER-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CYBER | +0.0100% | 4h | 0.3313 | −0.124% | $468 | $1 | — | as long as short |
Variational Omni CYBER