Funding you earn now, next payment 08:00 UTC+0.1853%/8h= +202.9% APRnext payment +$9.26 per $10,000 · paid last 24h +0.088%
Price spread now: KuCoin against BloFin+0.104%80s7-day average −0.036% · 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−$5005.004% of the position
Funding, last 7 days+0.137%+$14 on $10k
+Price spread, last 4 days (all we have)−0.271%−$27 · spread now +0.104%, 7d avg −0.036%
=Both sides work for this trade now. Funding pays +$56 a day on $10k at the current rate, and KuCoin is 0.140% dearer against BloFin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.036%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.137% in total (about 7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DATA-USDT | 0.2208 | −0.2095 | get 0.1047% / 4h | 23m 53s | $120K | $7K | 20x |
| Short | KuCoin DATAUSDTM | 0.2210 | −0.0242 | pay 0.0121% / 4h | 23m 53s | $261K | $922K | 30x |
BloFin DATA-USDT
KuCoin DATAUSDTMFunding 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
- $389.09
- Price spread: +0.104% → −0.036%
- $14
- Slippage, 4 orders
- −$476.39
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$97.31
- Costs to cover
- 5.004%
- Break-even
- 8.8 days
Slippage from BloFin: live order book, 43 min ago; KuCoin: live order book, 61 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, 43 min ago | 9.03 bp | 25.6 bp −$26 | 100.8 bp −$1,008 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 61 min ago | 16.67 bp | 214.6 bp −$215 | doesn't fit | doesn't fit | doesn't fit |
DATA on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin DATA-USDTlong | −0.2095% | 4h | 0.2208 | long leg | $120K | $7K | 20x | |
| MEXC DATA_USDT | −0.2054% | 4h | 0.2211 | +0.136% | $125K | $280K | 20x | as long as short |
| OKX DATA-USDT-SWAP | −0.2035% | 4h | 0.2210 | +0.091% | $1.2M | $10.0M | 20x | as long as short |
| Extended DATA-USD | −0.1232% | 1h | 0.2209 | +0.023% | $918 | $60 | 5x | as long as short |
| Gate DATA_USDT | −0.0976% | 4h | 0.2212 | +0.181% | $106K | $129K | 20x | as long as short |
| Bybit DATAUSDT | −0.0718% | 4h | 0.2210 | +0.109% | $1.2M | $2.6M | 20x | as long as short |
| KuCoin DATAUSDTMshort | −0.0242% | 4h | 0.2210 | +0.104% | $261K | $922K | 30x | |
| Lighter DATA | +0.0096% | 1h | 0.2210 | +0.091% | $50K | $279K | 10x | as long as short |
| Bitget DATAUSDT | +0.0100% | 4h | 0.2208 | 0.000% | $638K | $715K | 50x | as long as short |
MEXC DATA_USDT
OKX DATA-USDT-SWAP
Extended DATA-USD
Gate DATA_USDT
Bybit DATAUSDT
Lighter DATA
Bitget DATAUSDT