Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: KuCoin against BloFin+0.114%110s7-day average +0.211% · you sell dearer than you buy
Net, funding: paid 7d − costs−$199as 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−$1631.635% of the position
Funding, last 7 days−0.358%−$36 on $10k
+Price spread, last 3 days (all we have)−0.172%−$17 · spread now +0.114%, 7d avg +0.211%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.097% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.211%). Swap the legs. The two prices were read 110 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 EGLD-USDT | 4.4000 | 0.0220 | pay 0.0220% / 8h | 7h 35m | $229K | $469K | 75x |
| Short | KuCoin EGLDUSDTM | 4.4050 | 0.0100 | get 0.0100% / 8h | 7h 35m | $2.7M | $1.4M | 50x |
BloFin EGLD-USDT
KuCoin EGLDUSDTMFunding 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
- −$25.2
- Price spread: +0.114% → +0.211%
- −$9.72
- Slippage, 4 orders
- −$139.45
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$198.38
- Costs to cover
- 1.635%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 35 min ago; KuCoin: live order book, 2 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, 35 min ago | 1.15 bp | 7.2 bp −$7 | 21.0 bp −$210 | 160.6 bp −$16.1K | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 10.22 bp | 41.8 bp −$42 | 252.1 bp −$2,521 | doesn't fit | doesn't fit |
EGLD on 12 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_EGLDUSD | −0.2498% | 1h | 4.4101 | +0.230% | $441K | $718K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −16.818% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.3994 | −0.014% | $4.8M | $27.3M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.3980 | −0.045% | $2.7M | $8.9M | 75x | as long as short |
| OKX EGLD-USDT-SWAP | +0.0100% | 8h | 4.4040 | +0.091% | $648K | $5.3M | 20x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.4060 | +0.136% | $518K | $685K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.4000 | 0.000% | $4.4M | $3.4M | 125x | as long as short |
| KuCoin EGLDUSDTMshort | +0.0100% | 8h | 4.4050 | +0.114% | $2.7M | $1.4M | 50x | |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.4040 | +0.091% | $2.3M | $4.3M | 75x | as long as short |
| BingX EGLD-USDT | +0.0100% | 8h | 4.3990 | −0.023% | — | $2.9M | — | as long as short |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Binance EGLDUSDT
Bybit EGLDUSDT
OKX EGLD-USDT-SWAP
Gate EGLD_USDT
MEXC EGLD_USDT
Bitget EGLDUSDT
BingX EGLD-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EGLD | +0.0100% | 8h | 4.3963 | −0.084% | $17K | $54K | — | as long as short |
| BloFin EGLD-USDTlong | +0.0220% | 8h | 4.4000 | long leg | $229K | $469K | 75x |
Variational Omni EGLD