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: BloFin against KuCoin+0.062%50s7-day average −0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$885as 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 +0.062%, 7d avg −0.078%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.139% dearer against KuCoin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.078%. 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 | KuCoin FLOWUSDTM | 0.03251 | 0.0100 | pay 0.0050% / 4h | 1h 14m | $291K | $138K | 10x |
| Short | BloFin FLOW-USDT | 0.03253 | 0.0123 | get 0.0062% / 4h | 1h 14m | $108K | $22K | 20x |
KuCoin FLOWUSDTM
BloFin FLOW-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
- $4.88
- Price spread: +0.062% → −0.078%
- $13.93
- Slippage, 4 orders
- −$856.08
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$861.27
- Costs to cover
- 8.801%
- Break-even
- 1243.4 days
Slippage from KuCoin: live order book, 7 min ago; BloFin: live order book, 17 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, 7 min ago | 12.31 bp | 525.4 bp −$525 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 17 min ago | 4.61 bp | 23.5 bp −$23 | 69.0 bp −$690 | 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 | −6.306% | $213 | $14K | 5.5x | as long as short |
| Aster FLOWUSDT | +0.0100% | 4h | 0.03249 | −0.062% | $7K | $14K | 5x | as long as short |
| Binance FLOWUSDT | +0.0100% | 4h | 0.03248 | −0.099% | $2.6M | $8.1M | 10x | as long as short |
| Bybit FLOWUSDT | +0.0100% | 8h | 0.03251 | 0.000% | $1.5M | $1.3M | 20x | as long as short |
| OKX FLOW-USDT-SWAP | +0.0100% | 4h | 0.03250 | −0.031% | $859K | $1.9M | 10x | as long as short |
| Gate FLOW_USDT | +0.0100% | 8h | 0.03250 | −0.031% | $285K | $320K | 10x | as long as short |
| MEXC FLOW_USDT | +0.0100% | 4h | 0.03248 | −0.092% | $1.6M | $1.0M | 50x | as long as short |
| KuCoin FLOWUSDTMlong | +0.0100% | 4h | 0.03251 | long leg | $291K | $138K | 10x | |
| BingX FLOW-USDT | +0.0100% | 4h | 0.03253 | +0.062% | — | $1.8M | — | as long as short |
| Variational Omni FLOW | +0.0100% | 8h | 0.03258 | +0.211% | $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-USDTshort | +0.0123% | 4h | 0.03253 | +0.062% | $108K | $22K | 20x | |
| Kraken Futures PF_FLOWUSD | +0.0582% | 1h | 0.03253 | +0.066% | $35K | $47K | 10x | as long as short |
Kraken Futures PF_FLOWUSD