H

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0071%/8h= +7.8% APRnext payment +$0.35 per $10,000 · paid last 24h −0.005%

Price spread now: BloFin against KuCoin−0.030%7-day average +0.102% · you buy dearer than you sell

Net, funding: paid 7d − costs−$724as in the Funding arb table

Net, price: spread back to 7d avg − costs−$739as in the Price arb table

costs, in and out, $10k−$7257.254% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 4 days (all we have)+1.462%+$146 · spread now −0.030%, 7d avg +0.102%

Together, before fees+1.479%+$148 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.132% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.102%). If the spread goes back, that is −$13 on $10k: about 6.2 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.017% in total) that is about 53 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin HUSDTM	0.06763	0.0040	pay 0.0020% / 4h	1h 10m	$1.6M	$9.9M	8x
Short	BloFin H-USDT	0.06761	0.0111	get 0.0055% / 4h	1h 10m	$585K	$110K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now −0.030%Rate

Funding earned: $14.91
Price spread: −0.030% → +0.102%: −$13.15
Slippage, 4 orders: −$701.37
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$723.62
Costs to cover: 7.254%
Break-even: 346.8 days

Slippage from KuCoin: live order book, 7 min ago; BloFin: live order book, 30 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 KuCoin live order book, 7 min ago	2.24 bp	371.2 bp −$371	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 30 min ago	3.72 bp	17.3 bp −$17	36.7 bp −$367	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	−7.585%	$1K	$1	5.5x	as long as short
KuCoin HUSDTMlong	+0.0040%	4h	0.06763	long leg	$1.6M	$9.9M	8x
Aster HUSDT	+0.0100%	4h	0.06757	−0.084%	$111K	$57K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06770	+0.098%	$14.5M	$11.1M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06760	−0.044%	$7.5M	$4.9M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06774	+0.163%	$1.8M	$6.1M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06764	+0.015%	$2.8M	$1.8M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.06771	+0.118%	$6.1M	$1.1M	20x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06756	−0.104%	$1.7M	$459K	4x	as long as short
BingX H-USDT	+0.0100%	4h	0.06763	0.000%	—	$2.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni H	+0.0100%	4h	0.06736	−0.396%	$7K	$9K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06749	−0.208%	$1.1M	$434K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06765	+0.028%	$9K	$105K	5x	as long as short
BloFin H-USDTshort	+0.0111%	4h	0.06761	−0.030%	$585K	$110K	25x