FORM

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.26 per $10,000 · paid last 24h −0.006%

Price spread now: KuCoin against BloFin+0.065%7-day average −0.087% · you sell dearer than you buy

Net, funding: paid 7d − costs−$455as in the Funding arb table

Net, price: spread back to 7d avg − costs−$439as in the Price arb table

costs, in and out, $10k−$4544.539% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 4 days (all we have)−0.278%−$28 · spread now +0.065%, 7d avg −0.087%

Together, before fees−0.286%−$29 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.152% dearer against BloFin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.087%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin FORM-USDT	0.3073	0.0047	pay 0.0024% / 4h	1h 30m	$885K	$413K	50x
Short	KuCoin FORMUSDTM	0.3075	0.0100	get 0.0050% / 4h	1h 30m	$196K	$1.7M	30x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee KuCoinbpOrdersPrice spread, now +0.065%Rate

Funding earned: $11.11
Price spread: +0.065% → −0.087%: $15.23
Slippage, 4 orders: −$429.87
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$427.53
Costs to cover: 4.539%
Break-even: 276.4 days

Slippage from BloFin: live order book, 14 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, 14 min ago	4.87 bp	23.5 bp −$23	55.6 bp −$556	doesn't fit	doesn't fit
Sell KuCoin live order book, 8 min ago	25.97 bp	184.6 bp −$185	doesn't fit	doesn't fit	doesn't fit

FORM on 10 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
gTrade (Gains Network) FORM/USD	L −0.0007% / S +0.0008%	1h	0.3073	+0.001%	—	—	—	as long as short
BloFin FORM-USDTlong	+0.0047%	4h	0.3073	long leg	$885K	$413K	50x
Aster FORMUSDT	+0.0100%	4h	0.3076	+0.084%	$38K	$1.1M	5x	as long as short
Binance FORMUSDT	+0.0100%	4h	0.3076	+0.105%	$15.2M	$182.9M	50x	as long as short
Bybit FORMUSDT	+0.0100%	4h	0.3078	+0.150%	$1.6M	$15.4M	20x	as long as short
Gate FORM_USDT	+0.0100%	4h	0.3075	+0.065%	$642K	$5.6M	50x	as long as short
MEXC FORM_USDT	+0.0100%	4h	0.3079	+0.195%	$1.1M	$10.1M	100x	as long as short
KuCoin FORMUSDTMshort	+0.0100%	4h	0.3075	+0.065%	$196K	$1.7M	30x
Bitget FORMUSDT	+0.0100%	4h	0.3076	+0.098%	$999K	$11.3M	50x	as long as short
BingX FORM-USDT	+0.0100%	4h	0.3075	+0.065%	—	$4.0M	—	as long as short