Funding you earn now, next payment 08:00 UTC−0.1632%/8h= −178.7% APRnext payment −$8.16 per $10,000 · paid last 24h −0.088%
Price spread now: BloFin against KuCoin+0.191%95s7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$624as 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−$6106.102% of the position
Funding, last 7 days−0.137%−$14 on $10k
+Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.191%, 7d avg +0.029%
=The price spread pays, funding is against you. BloFin is 0.161% dearer against KuCoin than usual: you sell high and buy low (spread +0.191% now, against its 7-day average of +0.029%): +$16 on $10k if it goes back. Holding the pair costs −$49 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.137% in total) that is about 8.2 days. The two prices were read 95 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 −$8.16 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 | KuCoin DATAUSDTM | 0.2203 | −0.0818 | get 0.0409% / 4h | 3h 31m | $207K | $958K | 30x |
| Short | BloFin DATA-USDT | 0.2207 | −0.2450 | pay 0.1225% / 4h | 3h 31m | $125K | $7K | 20x |
KuCoin DATAUSDTM
BloFin DATA-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
- −$342.71
- Price spread: +0.191% → +0.029%
- $16.14
- Slippage, 4 orders
- −$586.21
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$936.78
- Costs to cover
- 6.102%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; BloFin: live order book, 57 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, 3 min ago | 19.01 bp | 343.0 bp −$343 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 57 min ago | 6.75 bp | 19.5 bp −$20 | 89.5 bp −$895 | 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-USDTshort | −0.2450% | 4h | 0.2207 | +0.191% | $125K | $7K | 20x | |
| OKX DATA-USDT-SWAP | −0.2381% | 4h | 0.2201 | −0.082% | $1.3M | $8.8M | 20x | as long as short |
| MEXC DATA_USDT | −0.2380% | 4h | 0.2206 | +0.145% | $124K | $275K | 20x | as long as short |
| Extended DATA-USD | −0.1360% | 1h | 0.2201 | −0.101% | $920 | $60 | 5x | as long as short |
| KuCoin DATAUSDTMlong | −0.0818% | 4h | 0.2203 | long leg | $207K | $958K | 30x | |
| Gate DATA_USDT | −0.0378% | 4h | 0.2204 | +0.054% | $108K | $115K | 20x | as long as short |
| Bybit DATAUSDT | −0.0143% | 4h | 0.2203 | +0.005% | $1.3M | $2.2M | 20x | as long as short |
| Lighter DATA | +0.0096% | 1h | 0.2206 | +0.145% | $48K | $246K | 10x | as long as short |
| Bitget DATAUSDT | +0.0100% | 4h | 0.2204 | +0.054% | $668K | $587K | 50x | as long as short |
OKX DATA-USDT-SWAP
MEXC DATA_USDT
Extended DATA-USD
Gate DATA_USDT
Bybit DATAUSDT
Lighter DATA
Bitget DATAUSDT