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

FF

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0173%/8h= −18.9% APRnext payment $0.87 per $10,000 · paid last 24h −0.025%
Price spread now: BloFin against KuCoin−0.259%7-day average −0.252% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1061.056% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.421%−$42 on $10k
Price spread, last 4 days (all we have)−0.044%−$4 · spread now −0.259%, 7d avg −0.252%
Together, before fees−0.466%−$47 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.252%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin FFUSDTM0.12730.0100pay 0.0050% / 4h1h 38m$8.5M$4.9M20x
ShortBloFin FF-USDT0.1270−0.0073pay 0.0037% / 4h1h 38m$2.3M$299K20x

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
−$36.34
Price spread: −0.259% → −0.252%
−$0.76
Slippage, 4 orders
−$81.61
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$142.7
Costs to cover
1.056%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 4 min ago11.39 bp44.0 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago0.39 bp13.2 bp −$1328.7 bp −$287doesn't fitdoesn't fit

FF on 11 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
BloFin FF-USDTshort−0.0073%4h0.1270−0.259%$2.3M$299K20x
MEXC FF_USDT−0.0034%4h0.1272−0.110%$10.1M$718K50xas long as short
Binance FFUSDT−0.0033%4h0.1272−0.083%$43.0M$19.4M20xas long as short
Aster FFUSDT+0.0100%4h0.1272−0.093%$1.2M$17K5xas long as short
Bybit FFUSDT+0.0100%4h0.1273−0.031%$14.4M$5.0M20xas long as short
Gate FF_USDT+0.0100%4h0.1273−0.047%$26.8M$1.4M50xas long as short
KuCoin FFUSDTMlong+0.0100%4h0.1273long leg$8.5M$4.9M20x
Bitget FFUSDT+0.0100%4h0.1272−0.086%$18.5M$1.3M5xas long as short
BingX FF-USDT+0.0100%4h0.1273−0.063%$6.7Mas long as short
SunX FF-USDT+0.0100%4h0.1268−0.385%$2K$1.3M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter FF+0.0472%1h0.1274+0.079%$135K$33K3xas long as short