Funding you earn now, next payment 04:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against KuCoin+0.030%80s7-day average −0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$487as 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−$4844.843% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)+0.283%+$28 · spread now +0.030%, 7d avg −0.099%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.129% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.099%. The two prices were read 80 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 CYBERUSDTM | 0.3324 | 0.0100 | pay 0.0050% / 4h | 23m 58s | $480K | $99K | 30x |
| Short | BloFin CYBER-USDT | 0.3325 | 0.0126 | get 0.0063% / 4h | 23m 58s | $110K | $3K | 50x |
KuCoin CYBERUSDTM
BloFin CYBER-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
- $5.38
- Price spread: +0.030% → −0.099%
- $12.92
- Slippage, 4 orders
- −$460.27
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$465.97
- Costs to cover
- 4.843%
- Break-even
- 613.0 days
Slippage from KuCoin: live order book, 59 min ago; BloFin: live order book, 67 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, 59 min ago | 13.47 bp | 222.6 bp −$223 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 67 min ago | 3.00 bp | 24.1 bp −$24 | 82.2 bp −$822 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CYBERUSD | +0.0096% | 1h | 0.3322 | −0.045% | $10K | $4K | 10x | as long as short |
| Aster CYBERUSDT | +0.0100% | 4h | 0.3322 | −0.048% | $14K | $4K | 5x | as long as short |
| Binance CYBERUSDT | +0.0100% | 4h | 0.3325 | +0.029% | $1.7M | $2.5M | 50x | as long as short |
| Bybit CYBERUSDT | +0.0100% | 4h | 0.3324 | 0.000% | $963K | $509K | 25x | as long as short |
| Gate CYBER_USDT | +0.0100% | 8h | 0.3324 | 0.000% | $142K | $280K | 40x | as long as short |
| MEXC CYBER_USDT | +0.0100% | 4h | 0.3323 | −0.030% | $292K | $82K | 50x | as long as short |
| KuCoin CYBERUSDTMlong | +0.0100% | 4h | 0.3324 | long leg | $480K | $99K | 30x | |
| Bitget CYBERUSDT | +0.0100% | 4h | 0.3328 | +0.120% | $290K | $258K | 50x | as long as short |
| BingX CYBER-USDT | +0.0100% | 4h | 0.3323 | −0.030% | — | $2.3M | — | as long as short |
| Variational Omni CYBER | +0.0100% | 4h | 0.3323 | −0.034% | $468 | $1 | — | as long as short |
Kraken Futures PF_CYBERUSD
Aster CYBERUSDT
Binance CYBERUSDT
Bybit CYBERUSDT
Gate CYBER_USDT
MEXC CYBER_USDT
Bitget CYBERUSDT
BingX CYBER-USDT
Variational Omni CYBERShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CYBER-USDTshort | +0.0126% | 4h | 0.3325 | +0.030% | $110K | $3K | 50x |