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

HOT

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against KuCoin−0.215%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 0.215% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.215% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 24 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.018% in total) that is about 3 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin HOTUSDTM0.00041810.0100pay 0.0100% / 8h7h 44m$87K$47K30x
ShortBloFin HOT-USDT0.00041720.0129get 0.0129% / 8h7h 44m$147K$49K50x

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

Funding earned
$6.18
Price spread: −0.215% → 0.000%
−$21.53
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$39.35
Costs to cover
0.240%
Break-even
51.6 days
Slippage unknown: KuCoin: no order-book sample; BloFin: live order book, 12 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin no order-book sample
Sell BloFin live order book, 12 min ago2.40 bp20.3 bp −$2063.3 bp −$633doesn't fitdoesn't fit
KuCoin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

HOT on 5 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
KuCoin HOTUSDTMlong+0.0100%8h0.0004181long leg$87K$47K30x
Bitget HOTUSDT+0.0100%8h0.0004171−0.239%$308K$214K25xas long as short
BloFin HOT-USDTshort+0.0129%8h0.0004172−0.215%$147K$49K50x
MEXC HOT_USDT+0.0130%8h0.0004170−0.263%$411K$152K50xas long as short
Binance HOTUSDT+0.0131%8h0.0004171−0.251%$1.6M$2.5M50xas long as short