Funding you earn now, next payment 12:00 UTC−0.0015%/8h= −1.6% APRnext payment −$0.08 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BloFin−0.225%7-day average −0.199% · you buy dearer than you sell
Net, funding: paid 7d − costs−$425as in the Funding arb table
Net, price: spread back to 7d avg − costs−$424as in the Price arb table
costs, in and out, $10k−$4224.217% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)−1.926%−$193 · spread now −0.225%, 7d avg −0.199%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and KuCoin is 0.026% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.199%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GENIUS-USDT | 0.3505 | 0.0115 | pay 0.0058% / 4h | 3h 47m | $506K | $24K | 50x |
| Short | KuCoin GENIUSUSDTM | 0.3497 | 0.0100 | get 0.0050% / 4h | 3h 47m | $532K | $1.8M | 20x |
BloFin GENIUS-USDT
KuCoin GENIUSUSDTMFunding 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
- −$3.15
- Price spread: −0.225% → −0.199%
- −$2.63
- Slippage, 4 orders
- −$397.65
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$427.43
- Costs to cover
- 4.217%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 29 min ago; KuCoin: live order book, 9 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, 29 min ago | 1.44 bp | 11.3 bp −$11 | 59.5 bp −$595 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 10.48 bp | 155.8 bp −$156 | doesn't fit | doesn't fit | doesn't fit |
GENIUS 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GENIUSUSDT | +0.0100% | 4h | 0.3507 | +0.057% | $9.2M | $17.3M | 50x | as long as short |
| Bybit GENIUSUSDT | +0.0100% | 4h | 0.3506 | +0.029% | $1.4M | $2.2M | 25x | as long as short |
| Gate GENIUS_USDT | +0.0100% | 4h | 0.3499 | −0.171% | $239K | $362K | 20x | as long as short |
| MEXC GENIUS_USDT | +0.0100% | 4h | 0.3505 | 0.000% | $522K | $316K | 20x | as long as short |
| KuCoin GENIUSUSDTMshort | +0.0100% | 4h | 0.3497 | −0.225% | $532K | $1.8M | 20x | |
| Bitget GENIUSUSDT | +0.0100% | 4h | 0.3504 | −0.031% | $720K | $1.1M | 20x | as long as short |
| Variational Omni GENIUS | +0.0100% | 4h | 0.3483 | −0.616% | $91K | $40K | — | as long as short |
| SunX GENIUS-USDT | +0.0100% | 4h | 0.3503 | −0.057% | $1K | $780K | 20x | as long as short |
| Extended GENIUS-USD | +0.0104% | 1h | 0.3505 | +0.009% | $3K | $202K | 5x | as long as short |
| BingX GENIUS-USDT | +0.0110% | 4h | 0.3507 | +0.057% | — | $1.7M | — | as long as short |
Binance GENIUSUSDT
Bybit GENIUSUSDT
Gate GENIUS_USDT
MEXC GENIUS_USDT
Bitget GENIUSUSDT
Variational Omni GENIUS
SunX GENIUS-USDT
Extended GENIUS-USD
BingX GENIUS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin GENIUS-USDTlong | +0.0115% | 4h | 0.3505 | long leg | $506K | $24K | 50x | |
| Aster GENIUSUSDT | +0.0807% | 4h | 0.3504 | −0.029% | $256K | $374K | 20x | as long as short |
Aster GENIUSUSDT