LA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0741%/8h= −81.2% APRnext payment −$3.71 per $10,000 · paid last 24h +0.078%

Price spread now: KuCoin against BloFin+0.256%95s7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$608as 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−$6316.312% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.231%+$23 on $10k

Price spread, last 4 days (all we have)−0.825%−$82 · spread now +0.256%, 7d avg +0.058%

Together, before fees−0.593%−$59 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.199% dearer against BloFin than usual: you sell high and buy low (spread +0.256% now, against its 7-day average of +0.058%): +$20 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 21 hours. Mind the row above: over the last 7 days funding on this pair paid +0.231%, so the current rate has only just turned against you. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.231% in total (about 12.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.71 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin LA-USDT	0.07409	−0.0431	get 0.0215% / 4h	1h 33m	$248K	$20K	25x
Short	KuCoin LAUSDTM	0.07428	−0.1172	pay 0.0586% / 4h	1h 33m	$1.0M	$86K	30x

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

Position, each leg$Hold fordaysFee BloFinbpFee KuCoinbpOrdersPrice spread, now +0.256%Rate

Funding earned: −$155.65
Price spread: +0.256% → +0.058%: $19.88
Slippage, 4 orders: −$607.17
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$766.93
Costs to cover: 6.312%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 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, 5 min ago	1.35 bp	17.3 bp −$17	37.2 bp −$372	doesn't fit	doesn't fit
Sell KuCoin live order book, 1 min ago	12.80 bp	417.6 bp −$418	doesn't fit	doesn't fit	doesn't fit

LA 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
KuCoin LAUSDTMshort	−0.1172%	4h	0.07428	+0.256%	$1.0M	$86K	30x
Gate LA_USDT	−0.1030%	4h	0.07426	+0.229%	$239K	$827K	50x	as long as short
OKX LA-USDT-SWAP	−0.0712%	4h	0.07431	+0.297%	$1.3M	$3.1M	20x	as long as short
BingX LA-USDT	−0.0672%	4h	0.07422	+0.175%	—	$6.5M	—	as long as short
Aster LAUSDT	−0.0615%	4h	0.07429	+0.263%	$51K	$24K	5x	as long as short
Bitget LAUSDT	−0.0580%	4h	0.07413	+0.054%	$2.0M	$495K	25x	as long as short
MEXC LA_USDT	−0.0480%	4h	0.07423	+0.189%	$378K	$137K	50x	as long as short
Binance LAUSDT	−0.0473%	4h	0.07430	+0.283%	$4.7M	$9.7M	25x	as long as short
BloFin LA-USDTlong	−0.0431%	4h	0.07409	long leg	$248K	$20K	25x
Bybit LAUSDT	+0.0100%	4h	0.07429	+0.270%	$2.4M	$2.6M	25x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LA_USDT_Perp	+0.0100%	4h	0.07430	+0.283%	$140K	$468K	10x	as long as short