Funding you earn now, next payment 04:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.15 per $10,000 · paid last 24h −0.072%
Price spread now: KuCoin against BloFin+0.336%50s7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$181as 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−$1341.342% of the position
Funding, last 7 days−0.465%−$47 on $10k
+Price spread, last 3 days (all we have)−0.244%−$24 · spread now +0.336%, 7d avg +0.023%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.313% dearer against BloFin than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of +0.023%. Mind the row above: over the last 7 days funding on this pair cost −0.465%, so the current rate has only just turned in your favour. The two prices were read 50 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 ETHFI-USDT | 0.7140 | 0.0071 | pay 0.0035% / 4h | 3h 56m | $1.2M | $280K | 75x |
| Short | KuCoin ETHFIUSDTM | 0.7164 | 0.0100 | get 0.0050% / 4h | 3h 56m | $1.2M | $269K | 50x |
BloFin ETHFI-USDT
KuCoin ETHFIUSDTMFunding 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
- $6.13
- Price spread: +0.336% → +0.023%
- $31.32
- Slippage, 4 orders
- −$110.24
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$96.79
- Costs to cover
- 1.342%
- Break-even
- 117.5 days
Slippage from BloFin: live order book, 1 min ago; KuCoin: live order book, 9 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, 1 min ago | 2.80 bp | 15.6 bp −$16 | 30.9 bp −$309 | 99.2 bp −$9,922 | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 6.30 bp | 56.2 bp −$56 | 185.5 bp −$1,855 | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0785% | 4h | 0.7130 | −0.140% | $83K | $166K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0450% | 1h | 0.7143 | +0.042% | $40K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0194% | 4h | 0.7140 | 0.000% | $16K | $1K | 10x | as long as short |
| Bybit ETHFIUSDT | −0.0093% | 4h | 0.7159 | +0.266% | $18.1M | $13.2M | 25x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0047% | 8h | 0.7161 | +0.291% | $6K | — | 5x | as long as short |
| Variational Omni ETHFI | +0.0009% | 4h | 0.7147 | +0.092% | $1.0M | $746K | — | as long as short |
| Extended ETHFI-USD | +0.0016% | 1h | 0.7159 | +0.260% | $93K | $487K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0016% | 4h | 0.7159 | +0.266% | $15.2M | $3.8M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0018% | 4h | 0.7162 | +0.308% | $25.0M | $37.4M | 75x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.401% | $321 | $51K | 5.5x | as long as short |
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Bybit ETHFIUSDT
Paradex ETHFI-USD-PERP
Variational Omni ETHFI
Extended ETHFI-USD
MEXC ETHFI_USDT
Binance ETHFIUSDT
Injective ETHFI/USDC PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ETHFI-USDTlong | +0.0071% | 4h | 0.7140 | long leg | $1.2M | $280K | 75x | |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7147 | +0.099% | $9K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7160 | +0.284% | $1.1M | $894K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7167 | +0.381% | $18.0M | $9.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7164 | +0.342% | $183K | $259K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7164 | +0.336% | $5.0M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7165 | +0.350% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTMshort | +0.0100% | 4h | 0.7164 | +0.336% | $1.2M | $269K | 50x | |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7157 | +0.238% | $6.1M | $5.7M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7168 | +0.392% | — | $26.1M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7163 | +0.326% | $59K | $94K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7149 | +0.126% | $2K | $1.1M | 20x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0168% | 1h | 0.7237 | +1.359% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0221% | 1h | 0.7152 | +0.162% | $275K | $162K | 20x | as long as short |
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD