Funding you earn now, next payment 08:00 UTC+0.0151%/8h= +16.5% APRnext payment +$1.51 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against KuCoin−0.099%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$760.763% of the position
Funding, last 7 days+0.179%+$18 on $10k
+Price spread, last 4 days (all we have)+0.135%+$14 · spread now −0.099%, 7d avg +0.031%
=Funding pays, the price is against you. BloFin is 0.130% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.099% now, against its 7-day average of +0.031%). If the spread goes back, that is −$13 on $10k: about 2.9 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FETUSDTM | 0.2013 | 0.0100 | pay 0.0100% / 8h | 39m 11s | $10.5M | $18.0M | 50x |
| Short | BloFin FET-USDT | 0.2011 | 0.0251 | get 0.0251% / 8h | 39m 11s | $1.7M | $3.2M | 100x |
KuCoin FETUSDTM
BloFin FET-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
- $31.72
- Price spread: −0.099% → +0.031%
- −$13.05
- Slippage, 4 orders
- −$52.33
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$57.65
- Costs to cover
- 0.763%
- Break-even
- 19.7 days
Slippage from KuCoin: live order book, 10 min ago; BloFin: live order book, 4 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, 10 min ago | 2.48 bp | 19.4 bp −$19 | 59.2 bp −$592 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 7.43 bp | 13.4 bp −$13 | 17.8 bp −$178 | 80.0 bp −$8,003 | doesn't fit |
FET on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FET_USDC-PERPETUAL | −0.3710% | 1h | 0.2012 | −0.050% | $41K | $313K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0792% | 1h | 0.2023 | +0.497% | $152K | $263K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0011% | 1h | 0.2015 | +0.121% | $994K | $2.1M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0004% | 1h | 0.2010 | −0.126% | $20K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −0.149% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2013 | +0.012% | $187K | $751K | 10x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2011 | −0.099% | $2.6M | $12.7M | 50x | as long as short |
| KuCoin FETUSDTMlong | +0.0100% | 8h | 0.2013 | long leg | $10.5M | $18.0M | 50x | |
| Variational Omni FET | +0.0100% | 8h | 0.2022 | +0.452% | $286K | $515K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2012 | −0.050% | $36K | $11K | 10x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
Gate FET_USDT
Variational Omni FET
Orderly PERP_FET_USDCShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FETUSDT | +0.0131% | 8h | 0.2013 | −0.020% | $30.8M | $112.4M | 75x | as long as short |
| MEXC FET_USDT | +0.0132% | 8h | 0.2012 | −0.050% | $29.8M | $25.0M | 200x | as long as short |
| Extended FET-USD | +0.0136% | 1h | 0.2013 | +0.020% | $37K | $203K | 10x | as long as short |
| Bitget FETUSDT | +0.0160% | 8h | 0.2013 | 0.000% | $16.3M | $11.6M | 75x | as long as short |
| BingX FET-USDT | +0.0167% | 8h | 0.2013 | 0.000% | — | $5.9M | — | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0301% | 1h | 0.2011 | −0.082% | $13K | — | 100x | as long as short |
| BloFin FET-USDTshort | +0.0251% | 8h | 0.2011 | −0.099% | $1.7M | $3.2M | 100x | |
| OKX FET-USDT-SWAP | +0.0306% | 4h | 0.2015 | +0.099% | $1.0M | $8.0M | 20x | as long as short |
| Phoenix FET | +0.0597% | 1h | 0.2019 | +0.313% | $35K | $37K | 5x | as long as short |
| Hyperliquid FET | +0.0640% | 1h | 0.2016 | +0.134% | $8.5M | $8.4M | 5x | as long as short |
Binance FETUSDT
MEXC FET_USDT
Extended FET-USD
Bitget FETUSDT
BingX FET-USDT
GMX FET/USD [ETH-USDC]
OKX FET-USDT-SWAP
Phoenix FET
Hyperliquid FET