Funding you earn now, next payment 12:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.001%
Price spread now: KuCoin against BloFin−0.147%80s7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$830as 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−$8278.270% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)−1.286%−$129 · spread now −0.147%, 7d avg −0.090%
=Funding pays, the price is against you. KuCoin is 0.057% cheaper against BloFin than usual: you would sell low and buy high (spread −0.147% now, against its 7-day average of −0.090%). If the spread goes back, that is −$6 on $10k: about 12 days of funding at the current rate ($0 a day). 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 H-USDT | 0.06803 | 0.0084 | pay 0.0042% / 4h | 3h 01m | $583K | $103K | 25x |
| Short | KuCoin HUSDTM | 0.06793 | 0.0100 | get 0.0050% / 4h | 3h 01m | $1.6M | $10.1M | 8x |
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
- $3.41
- Price spread: −0.147% → −0.090%
- −$5.75
- Slippage, 4 orders
- −$803.03
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$829.37
- Costs to cover
- 8.270%
- Break-even
- 1711.2 days
Slippage from BloFin: live order book, 9 min ago; KuCoin: live order book, 6 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, 9 min ago | 1.47 bp | 23.9 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 3.67 bp | 283.8 bp −$284 | doesn't fit | doesn't fit | doesn't fit |
H on 14 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 H/USDC PERP | +0.0033% | 1h | 0.06250 | −8.129% | $1K | $1 | 5.5x | as long as short |
| BloFin H-USDTlong | +0.0084% | 4h | 0.06803 | long leg | $583K | $103K | 25x | |
| Aster HUSDT | +0.0100% | 4h | 0.06791 | −0.176% | $107K | $57K | 5x | as long as short |
| Binance HUSDT | +0.0100% | 4h | 0.06793 | −0.147% | $14.4M | $10.4M | 10x | as long as short |
| Bybit HUSDT | +0.0100% | 4h | 0.06791 | −0.173% | $7.4M | $4.8M | 13x | as long as short |
| OKX H-USDT-SWAP | +0.0100% | 4h | 0.06802 | −0.015% | $1.7M | $6.2M | 10x | as long as short |
| Gate H_USDT | +0.0100% | 4h | 0.06789 | −0.206% | $2.8M | $1.7M | 10x | as long as short |
| MEXC H_USDT | +0.0100% | 4h | 0.06790 | −0.191% | $6.0M | $1.2M | 20x | as long as short |
| KuCoin HUSDTMshort | +0.0100% | 4h | 0.06793 | −0.147% | $1.6M | $10.1M | 8x | |
| Bitget HUSDT | +0.0100% | 4h | 0.06783 | −0.294% | $1.7M | $413K | 4x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX H-USDT | +0.0100% | 4h | 0.06795 | −0.118% | — | $2.7M | — | as long as short |
| Variational Omni H | +0.0100% | 4h | 0.06822 | +0.285% | $9K | $3K | — | as long as short |
| GRVT H_USDT_Perp | +0.0100% | 4h | 0.06808 | +0.073% | $1.1M | $423K | 10x | as long as short |
| Extended H-USD | +0.0104% | 1h | 0.06787 | −0.234% | $9K | $208K | 5x | as long as short |
BloFin H-USDT
KuCoin HUSDTM
Injective H/USDC PERP
Aster HUSDT
Binance HUSDT
Bybit HUSDT
OKX H-USDT-SWAP
Gate H_USDT
MEXC H_USDT
Bitget HUSDT
BingX H-USDT
Variational Omni H
GRVT H_USDT_Perp
Extended H-USD