Funding you earn now, next payment 08:00 UTC+0.1245%/8h= +136.4% APRnext payment +$6.23 per $10,000 · paid last 24h +0.277%
Price spread now: KuCoin against BloFin−0.716%7-day average −0.804% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$306as in the Price arb table
costs, in and out, $10k−$3153.146% of the position
Funding, last 7 days+2.236%+$224 on $10k
+Price spread, last 4 days (all we have)+0.105%+$10 · spread now −0.716%, 7d avg −0.804%
=Both sides work for this trade now. Funding pays +$37 a day on $10k at the current rate, and KuCoin is 0.088% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.804%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin M-USDT | 1.3672 | 0.0803 | pay 0.0401% / 4h | 2h 54m | $350K | $438K | 10x |
| Short | KuCoin MUSDTM | 1.3574 | 0.2048 | get 0.1024% / 4h | 2h 54m | $1.3M | $3.9M | 10x |
BloFin M-USDT
KuCoin MUSDTMFunding 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
- $261.53
- Price spread: −0.716% → −0.804%
- $8.81
- Slippage, 4 orders
- −$290.58
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$44.24
- Costs to cover
- 3.146%
- Break-even
- 8.2 days
Slippage from BloFin: live order book, 36 min ago; KuCoin: live order book, 8 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, 36 min ago | 1.06 bp | 44.3 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 4.46 bp | 111.8 bp −$112 | doesn't fit | doesn't fit | doesn't fit |
M on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate M_USDT | +0.0100% | 8h | 1.3684 | +0.088% | $1.8M | $881K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.3685 | +0.095% | $1.8M | $249K | 10x | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.3697 | +0.183% | $2K | $510 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.3691 | +0.139% | $2K | $804K | 20x | as long as short |
| Aster MUSDT | +0.0533% | 4h | 1.3655 | −0.124% | $14K | $80K | 5x | as long as short |
| Variational Omni M | +0.0539% | 4h | 1.3726 | +0.392% | $85K | $43K | — | as long as short |
| BloFin M-USDTlong | +0.0803% | 4h | 1.3672 | long leg | $350K | $438K | 10x | |
| MEXC M_USDT | +0.0818% | 4h | 1.3692 | +0.146% | $226K | $105K | 50x | as long as short |
| Binance MUSDT | +0.0820% | 4h | 1.3682 | +0.073% | $5.4M | $3.9M | 10x | as long as short |
| Bybit MUSDT | +0.0874% | 4h | 1.3692 | +0.146% | $4.2M | $1.8M | 20x | as long as short |
Gate M_USDT
Bitget MUSDT
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
Variational Omni M
MEXC M_USDT
Binance MUSDT
Bybit MUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX M-USDT | +0.0922% | 4h | 1.3687 | +0.110% | — | $2.4M | — | as long as short |
| KuCoin MUSDTMshort | +0.2048% | 4h | 1.3574 | −0.716% | $1.3M | $3.9M | 10x |
BingX M-USDT