Funding you earn now, next payment 12:00 UTC−0.0035%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h −0.067%
Price spread now: KuCoin against BloFin−0.376%80s7-day average −0.340% · you buy dearer than you sell
Net, funding: paid 7d − costs−$863as 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−$8498.493% of the position
Funding, last 7 days−0.139%−$14 on $10k
+Price spread, last 4 days (all we have)+0.329%+$33 · spread now −0.376%, 7d avg −0.340%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.037% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.340%). 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 FOLKS-USDT | 2.1250 | 0.0135 | pay 0.0068% / 4h | 2h 17m | $402K | $30K | 50x |
| Short | KuCoin FOLKSUSDTM | 2.1170 | 0.0100 | get 0.0050% / 4h | 2h 17m | $1.2M | $3.9M | 50x |
Funding 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
- −$7.39
- Price spread: −0.376% → −0.340%
- −$3.65
- Slippage, 4 orders
- −$825.35
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$860.39
- Costs to cover
- 8.493%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 31 min ago; KuCoin: live order book, 3 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, 31 min ago | 4.67 bp | 37.1 bp −$37 | 110.9 bp −$1,109 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 7.09 bp | 251.8 bp −$252 | doesn't fit | doesn't fit | doesn't fit |
FOLKS on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter FOLKS | +0.0096% | 1h | 2.1290 | +0.188% | $72K | $2K | 3x | as long as short |
| Aster FOLKSUSDT | +0.0100% | 4h | 2.1250 | −0.001% | $43K | $12K | 5x | as long as short |
| Binance FOLKSUSDT | +0.0100% | 4h | 2.1260 | +0.047% | $6.2M | $1.6M | 50x | as long as short |
| Gate FOLKS_USDT | +0.0100% | 8h | 2.1180 | −0.329% | $260K | $115K | 50x | as long as short |
| MEXC FOLKS_USDT | +0.0100% | 4h | 2.1250 | 0.000% | $964K | $189K | 100x | as long as short |
| KuCoin FOLKSUSDTMshort | +0.0100% | 4h | 2.1170 | −0.376% | $1.2M | $3.9M | 50x | |
| Bitget FOLKSUSDT | +0.0100% | 4h | 2.1214 | −0.169% | $1.0M | $201K | 50x | as long as short |
| Variational Omni FOLKS | +0.0100% | 4h | 2.1273 | +0.109% | $14K | $685 | — | as long as short |
| BloFin FOLKS-USDTlong | +0.0135% | 4h | 2.1250 | long leg | $402K | $30K | 50x | |
| BingX FOLKS-USDT | +0.0410% | 4h | 2.1230 | −0.094% | — | $6.5M | — | as long as short |
Show all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit FOLKSUSDT | +0.0423% | 4h | 2.1213 | −0.174% | $1.2M | $379K | 20x | as long as short |
BloFin FOLKS-USDT
KuCoin FOLKSUSDTM
Lighter FOLKS
Aster FOLKSUSDT
Binance FOLKSUSDT
Gate FOLKS_USDT
MEXC FOLKS_USDT
Bitget FOLKSUSDT
Variational Omni FOLKS
BingX FOLKS-USDT
Bybit FOLKSUSDT