Funding you earn now, next payment 08:00 UTC−0.0142%/8h= −15.5% APRnext payment −$1.42 per $10,000 · paid last 24h −0.028%
Price spread now: KuCoin against BloFin−0.061%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$480.478% of the position
Funding, last 7 days−0.295%−$29 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.061%, 7d avg −0.002%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.059% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin FIL-USDT | 0.9863 | 0.0220 | pay 0.0220% / 8h | 20m 30s | $2.6M | $668K | 75x |
| Short | KuCoin FILUSDTM | 0.9857 | 0.0078 | get 0.0078% / 8h | 20m 30s | $7.0M | $7.8M | 50x |
BloFin FIL-USDT
KuCoin FILUSDTMFunding 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
- −$29.82
- Price spread: −0.061% → −0.002%
- −$5.91
- Slippage, 4 orders
- −$23.76
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$83.5
- Costs to cover
- 0.478%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; KuCoin: live order book, 8 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, 3 min ago | 1.01 bp | 7.5 bp −$8 | 10.6 bp −$106 | 28.1 bp −$2,811 | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 1.52 bp | 13.6 bp −$14 | 41.2 bp −$412 | doesn't fit | doesn't fit |
FIL on 29 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 FIL_USDC-PERPETUAL | −0.0257% | 1h | 0.9863 | 0.000% | $170K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0176% | 1h | 0.9885 | +0.223% | $354K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9863 | −0.005% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9861 | −0.019% | $57K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.081% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTMshort | +0.0078% | 8h | 0.9857 | −0.061% | $7.0M | $7.8M | 50x | |
| Bybit FILUSDT | +0.0091% | 8h | 0.9869 | +0.061% | $15.4M | $20.4M | 25x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9853 | −0.096% | $144K | $359K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9861 | −0.020% | $8.2M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9872 | +0.093% | $503K | $557K | 20x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
Bybit FILUSDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0100% | 8h | 0.9870 | +0.071% | $55.7M | $183.9M | 75x | as long as short |
| OKX FIL-USDT-SWAP | +0.0100% | 8h | 0.9870 | +0.071% | $17.6M | $107.3M | 50x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9860 | −0.030% | $8.2M | $16.7M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9855 | −0.081% | $228K | $100K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9861 | −0.020% | $11.0M | $19.4M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9865 | +0.020% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9853 | −0.104% | $439K | $281K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9858 | −0.048% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9844 | −0.195% | $292K | $1.4M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9870 | +0.071% | $27K | $183K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9869 | +0.060% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9850 | −0.132% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9856 | −0.071% | $472 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9868 | +0.051% | $613K | $5.5M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9850 | −0.132% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9860 | −0.026% | $694K | $4.2M | 10x | as long as short |
| Kraken Futures PF_FILUSD | +0.0198% | 1h | 0.9860 | −0.031% | $1.4M | $2.1M | 50x | as long as short |
| BloFin FIL-USDTlong | +0.0220% | 8h | 0.9863 | long leg | $2.6M | $668K | 75x | |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0600% / S −0.0280% | 1h | 0.9860 | −0.030% | $264K | — | 100x | as long as short |
Binance FILUSDT
OKX FIL-USDT-SWAP
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
Kraken Futures PF_FILUSD
GMX FIL/USD [WBTC.b-USDC]