Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.001%
Price spread now: KuCoin against BloFin−0.052%80s7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$397as 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−$3993.992% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.052%, 7d avg −0.075%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.023% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.075%. 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 ID-USDT | 0.03831 | 0.0050 | pay 0.0025% / 4h | 2h 13m | $155K | $15K | 50x |
| Short | KuCoin IDUSDTM | 0.03829 | 0.0100 | get 0.0050% / 4h | 2h 13m | $1.1M | $68K | 30x |
BloFin ID-USDT
KuCoin IDUSDTMFunding 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
- $10.57
- Price spread: −0.052% → −0.075%
- $2.33
- Slippage, 4 orders
- −$375.21
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$386.31
- Costs to cover
- 3.992%
- Break-even
- 262.8 days
Slippage from BloFin: live order book, 58 min ago; KuCoin: live order book, 1 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, 58 min ago | 2.63 bp | 20.7 bp −$21 | 51.8 bp −$518 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 14.34 bp | 233.0 bp −$233 | doesn't fit | doesn't fit | doesn't fit |
ID on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ID-USDTlong | +0.0050% | 4h | 0.03831 | long leg | $155K | $15K | 50x | |
| Aster IDUSDT | +0.0100% | 4h | 0.03831 | −0.001% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03836 | +0.131% | $2.4M | $3.9M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03839 | +0.209% | $1.5M | $1.2M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03831 | 0.000% | $258K | $224K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03835 | +0.104% | $381K | $215K | 20x | as long as short |
| KuCoin IDUSDTMshort | +0.0100% | 4h | 0.03829 | −0.052% | $1.1M | $68K | 30x | |
| Bitget IDUSDT | +0.0100% | 4h | 0.03848 | +0.444% | $978K | $722K | 50x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03820 | −0.277% | $12K | $20K | — | as long as short |
| BingX ID-USDT | +0.0200% | 4h | 0.03836 | +0.131% | — | $2.3M | — | as long as short |
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
Bitget IDUSDT
Variational Omni ID
BingX ID-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0277% | 1h | 0.03836 | +0.138% | $4K | $5K | 10x | as long as short |
Kraken Futures PF_IDUSD