Funding you earn now, next payment 04:00 UTC+0.0643%/8h= +70.4% APRnext payment +$3.21 per $10,000 · paid last 24h −0.078%
Price spread now: BloFin against KuCoin+0.027%80s7-day average −0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$654as 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
Funding, last 7 days−0.231%−$23 on $10k
+Price spread, last 4 days (all we have)+0.541%+$54 · spread now +0.027%, 7d avg −0.058%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and BloFin is 0.085% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.058%. Mind the row above: over the last 7 days funding on this pair cost −0.231%, so the current rate has only just turned in your favour. The two prices were read 80 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 +$3.21 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 | KuCoin LAUSDTM | 0.07428 | −0.1172 | get 0.0586% / 4h | 1h 31m | $1.0M | $86K | 30x |
| Short | BloFin LA-USDT | 0.07430 | −0.0529 | pay 0.0265% / 4h | 1h 31m | $248K | $20K | 25x |
KuCoin LAUSDTM
BloFin LA-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $134.96
- Price spread: +0.027% → −0.058%
- $8.45
- Slippage, 4 orders
- −$607.17
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$487.75
- Costs to cover
- 6.312%
- Break-even
- 32.3 days
Slippage from KuCoin: live order book, 3 min ago; BloFin: live order book, 7 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, 3 min ago | 12.80 bp | 185.7 bp −$186 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 1.35 bp | 10.7 bp −$11 | 27.1 bp −$271 | 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 LAUSDTMlong | −0.1172% | 4h | 0.07428 | long leg | $1.0M | $86K | 30x | |
| Gate LA_USDT | −0.1014% | 4h | 0.07430 | +0.027% | $239K | $828K | 50x | as long as short |
| OKX LA-USDT-SWAP | −0.0704% | 4h | 0.07424 | −0.054% | $1.3M | $3.1M | 20x | as long as short |
| BingX LA-USDT | −0.0673% | 4h | 0.07423 | −0.067% | — | $6.6M | — | as long as short |
| Aster LAUSDT | −0.0613% | 4h | 0.07431 | +0.034% | $51K | $24K | 5x | as long as short |
| Bitget LAUSDT | −0.0572% | 4h | 0.07418 | −0.135% | $2.0M | $495K | 25x | as long as short |
| BloFin LA-USDTshort | −0.0529% | 4h | 0.07430 | +0.027% | $248K | $20K | 25x | |
| MEXC LA_USDT | −0.0472% | 4h | 0.07425 | −0.040% | $378K | $137K | 50x | as long as short |
| Binance LAUSDT | −0.0466% | 4h | 0.07426 | −0.027% | $4.7M | $9.7M | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07428 | 0.000% | $2.3M | $2.7M | 25x | as long as short |
Gate LA_USDT
OKX LA-USDT-SWAP
BingX LA-USDT
Aster LAUSDT
Bitget LAUSDT
MEXC LA_USDT
Binance LAUSDT
Bybit LAUSDTShow 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 | +0.027% | $140K | $468K | 10x | as long as short |
GRVT LA_USDT_Perp