Settings8H · net · $10k
Funding arb · Price arb /

H

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Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$8278.270% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees−1.311%−$131 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin H-USDT0.068030.0084pay 0.0042% / 4h3h 01m$583K$103K25x
ShortKuCoin HUSDTM0.067930.0100get 0.0050% / 4h3h 01m$1.6M$10.1M8x

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

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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 9 min ago1.47 bp23.9 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago3.67 bp283.8 bp −$284doesn't fitdoesn't fitdoesn't fit

H on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective H/USDC PERP+0.0033%1h0.06250−8.129%$1K$15.5xas long as short
BloFin H-USDTlong+0.0084%4h0.06803long leg$583K$103K25x
Aster HUSDT+0.0100%4h0.06791−0.176%$107K$57K5xas long as short
Binance HUSDT+0.0100%4h0.06793−0.147%$14.4M$10.4M10xas long as short
Bybit HUSDT+0.0100%4h0.06791−0.173%$7.4M$4.8M13xas long as short
OKX H-USDT-SWAP+0.0100%4h0.06802−0.015%$1.7M$6.2M10xas long as short
Gate H_USDT+0.0100%4h0.06789−0.206%$2.8M$1.7M10xas long as short
MEXC H_USDT+0.0100%4h0.06790−0.191%$6.0M$1.2M20xas long as short
KuCoin HUSDTMshort+0.0100%4h0.06793−0.147%$1.6M$10.1M8x
Bitget HUSDT+0.0100%4h0.06783−0.294%$1.7M$413K4xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX H-USDT+0.0100%4h0.06795−0.118%$2.7Mas long as short
Variational Omni H+0.0100%4h0.06822+0.285%$9K$3Kas long as short
GRVT H_USDT_Perp+0.0100%4h0.06808+0.073%$1.1M$423K10xas long as short
Extended H-USD+0.0104%1h0.06787−0.234%$9K$208K5xas long as short