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

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h −0.003%
Price spread now: BloFin against KuCoin−0.551%7-day average −0.419% · you buy dearer than you sell
Net, funding: paid 7d − costs−$786as in the Funding arb table
Net, price: spread back to 7d avg − costs−$793as in the Price arb table
costs, in and out, $10k−$7807.798% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.065%−$6 on $10k
Price spread, last 3 days (all we have)−0.079%−$8 · spread now −0.551%, 7d avg −0.419%
Together, before fees−0.143%−$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.132% cheaper against KuCoin than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.419%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DEEPUSDTM0.019950.0100pay 0.0050% / 4h1h 34m$1.8M$92K20x
ShortBloFin DEEP-USDT0.019840.0108get 0.0108% / 8h1h 34m$138K$34K50x

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

Profit calculator

Funding earned
$1.7
Price spread: −0.551% → −0.419%
−$13.24
Slippage, 4 orders
−$755.8
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$791.34
Costs to cover
7.798%
Break-even
3270.3 days
Slippage from KuCoin: live order book, 1 min ago; BloFin: live order book, 38 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 1 min ago15.05 bp446.7 bp −$447doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 38 min ago7.63 bp23.4 bp −$2388.7 bp −$887doesn't fitdoesn't fit

DEEP on 12 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
Bluefin DEEP-PERP−0.3394%1h0.01993−0.100%$81K$17K20xas long as short
Binance DEEPUSDT+0.0100%4h0.01993−0.111%$2.1M$6.0M50xas long as short
Bybit DEEPUSDT+0.0100%8h0.01983−0.602%$4.2M$2.6M50xas long as short
Gate DEEP_USDT+0.0100%4h0.01988−0.351%$305K$97K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01994−0.050%$1.0M$532K100xas long as short
KuCoin DEEPUSDTMlong+0.0100%4h0.01995long leg$1.8M$92K20x
Bitget DEEPUSDT+0.0100%4h0.01994−0.050%$847K$596K50xas long as short
Variational Omni DEEP+0.0100%8h0.01987−0.412%$12K$8Kas long as short
Extended DEEP-USD+0.0104%1h0.01992−0.130%$5K$221K5xas long as short
BloFin DEEP-USDTshort+0.0108%8h0.01984−0.551%$138K$34K50x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX DEEP-USDT+0.0200%4h0.01988−0.351%$6.7Mas long as short
Kraken Futures PF_DEEPUSD+0.1146%1h0.01992−0.145%$8K$7K10xas long as short