Funding you earn now, next payment 12:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.17 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against BloFin+0.178%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$2212.213% of the position
Funding, last 7 days+0.271%+$27 on $10k
+Price spread, last 4 days (all we have)−0.180%−$18 · spread now +0.178%, 7d avg +0.072%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.106% dearer against BloFin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ESP-USDT | 0.09541 | 0.0065 | pay 0.0033% / 4h | 3h 10m | $125K | $35K | 25x |
| Short | KuCoin ESPUSDTM | 0.09558 | 0.0100 | get 0.0050% / 4h | 3h 10m | $1.5M | $35K | 25x |
BloFin ESP-USDT
KuCoin ESPUSDTMFunding 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
- $7.3
- Price spread: +0.178% → +0.072%
- $10.64
- Slippage, 4 orders
- −$197.28
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$203.34
- Costs to cover
- 2.213%
- Break-even
- 202.1 days
Slippage from BloFin: live order book, 45 min ago; KuCoin: live order book, 5 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, 45 min ago | 1.05 bp | 25.5 bp −$26 | 54.3 bp −$543 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 17.25 bp | 96.9 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
ESP 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ESP-USDTlong | +0.0065% | 4h | 0.09541 | long leg | $125K | $35K | 25x | |
| Aster ESPUSDT | +0.0100% | 4h | 0.09545 | +0.045% | $8K | $18K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09542 | +0.010% | $2.4M | $4.1M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09544 | +0.031% | $607K | $1.1M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09547 | +0.063% | $191K | $616K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09539 | −0.021% | $1.3M | $131K | 20x | as long as short |
| KuCoin ESPUSDTMshort | +0.0100% | 4h | 0.09558 | +0.178% | $1.5M | $35K | 25x | |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09545 | +0.044% | $973K | $145K | 20x | as long as short |
| edgeX ESPUSDC | +0.0105% | 4h | 0.09553 | +0.126% | $29K | $269K | 10x | as long as short |
| BingX ESP-USDT | +0.1480% | 4h | 0.09542 | +0.010% | — | $1.7M | — | as long as short |
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
MEXC ESP_USDT
Bitget ESPUSDT
edgeX ESPUSDC
BingX ESP-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.1571% | 4h | 0.09536 | −0.052% | $1.1M | $679K | 50x | as long as short |
Bybit ESPUSDT