Funding you earn now, next payment 04:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.12 per $10,000 · paid last 24h +0.019%
Price spread now: KuCoin against BloFin−0.061%80s7-day average +0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$875as 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−$8808.801% of the position
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 4 days (all we have)−0.710%−$71 · spread now −0.061%, 7d avg +0.078%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.139% cheaper against BloFin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.078%). Swap the legs. The two prices were read 80 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 FLOW-USDT | 0.03253 | 0.0123 | pay 0.0062% / 4h | 1h 13m | $108K | $22K | 20x |
| Short | KuCoin FLOWUSDTM | 0.03251 | 0.0100 | get 0.0050% / 4h | 1h 13m | $291K | $138K | 10x |
BloFin FLOW-USDT
KuCoin FLOWUSDTMFunding 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
- −$4.88
- Price spread: −0.061% → +0.078%
- −$13.93
- Slippage, 4 orders
- −$856.08
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$898.88
- Costs to cover
- 8.801%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 18 min ago; KuCoin: live order book, 7 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, 18 min ago | 4.61 bp | 18.2 bp −$18 | 51.3 bp −$513 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 12.31 bp | 313.0 bp −$313 | doesn't fit | doesn't fit | doesn't fit |
FLOW on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective FLOW/USDC PERP | +0.0033% | 1h | 0.03046 | −6.363% | $213 | $14K | 5.5x | as long as short |
| Aster FLOWUSDT | +0.0100% | 4h | 0.03249 | −0.123% | $7K | $14K | 5x | as long as short |
| Binance FLOWUSDT | +0.0100% | 4h | 0.03248 | −0.160% | $2.6M | $8.1M | 10x | as long as short |
| Bybit FLOWUSDT | +0.0100% | 8h | 0.03251 | −0.061% | $1.5M | $1.3M | 20x | as long as short |
| OKX FLOW-USDT-SWAP | +0.0100% | 4h | 0.03250 | −0.092% | $859K | $1.9M | 10x | as long as short |
| Gate FLOW_USDT | +0.0100% | 8h | 0.03250 | −0.092% | $285K | $321K | 10x | as long as short |
| MEXC FLOW_USDT | +0.0100% | 4h | 0.03247 | −0.184% | $1.6M | $1.0M | 50x | as long as short |
| KuCoin FLOWUSDTMshort | +0.0100% | 4h | 0.03251 | −0.061% | $291K | $138K | 10x | |
| BingX FLOW-USDT | +0.0100% | 4h | 0.03252 | −0.031% | — | $1.8M | — | as long as short |
| Variational Omni FLOW | +0.0100% | 8h | 0.03258 | +0.150% | $34K | $1K | — | as long as short |
Injective FLOW/USDC PERP
Aster FLOWUSDT
Binance FLOWUSDT
Bybit FLOWUSDT
OKX FLOW-USDT-SWAP
Gate FLOW_USDT
MEXC FLOW_USDT
BingX FLOW-USDT
Variational Omni FLOWShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin FLOW-USDTlong | +0.0123% | 4h | 0.03253 | long leg | $108K | $22K | 20x | |
| Kraken Futures PF_FLOWUSD | +0.0583% | 1h | 0.03251 | −0.055% | $35K | $47K | 10x | as long as short |
Kraken Futures PF_FLOWUSD