Funding you earn now, next payment 12:00 UTC+0.0650%/8h= +71.2% APRnext payment +$3.25 per $10,000 · paid last 24h +0.101%
Price spread now: KuCoin against BloFin−0.069%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1671.669% of the position
Funding, last 7 days−0.307%−$31 on $10k
+Price spread, last 4 days (all we have)−1.923%−$192 · spread now −0.069%, 7d avg +0.019%
=Funding pays, the price is against you. KuCoin is 0.088% cheaper against BloFin than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of +0.019%). If the spread goes back, that is −$9 on $10k: about 11 hours of funding at the current rate (+$19 a day). Mind the row above: over the last 7 days funding on this pair cost −0.307%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.307% in total (about -16.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.25 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 MARSCOIN-USDT | 0.1163 | 0.0678 | pay 0.0339% / 4h | 3h 42m | $1.3M | $482K | 20x |
| Short | KuCoin MARSCOINUSDTM | 0.1162 | 0.1328 | get 0.0664% / 4h | 3h 42m | $1.6M | $2.6M | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $136.5
- Price spread: −0.069% → +0.019%
- −$8.78
- Slippage, 4 orders
- −$142.86
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$39.15
- Costs to cover
- 1.669%
- Break-even
- 9.0 days
Slippage from BloFin: live order book, 5 min ago; KuCoin: live order book, 4 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 | 1.75 bp | 26.0 bp −$26 | 74.8 bp −$748 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 7.41 bp | 69.8 bp −$70 | 221.5 bp −$2,215 | doesn't fit | doesn't fit |
MARSCOIN 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex MARSCOINUSDT | −0.2375% | 4h | 0.1162 | −0.060% | $1.7M | $2.5M | 20x | as long as short |
| SunX MARSCOIN-USDT | +0.0100% | 4h | 0.1164 | +0.112% | — | $831K | 10x | as long as short |
| HTX MARSCOIN-USDT | +0.0100% | 4h | 0.1167 | +0.310% | $91K | $745K | 20x | as long as short |
| Bybit MARSCOINUSDT | +0.0407% | 4h | 0.1160 | −0.232% | $8.3M | $14.5M | 20x | as long as short |
| MEXC MARSCOIN_USDT | +0.0438% | 4h | 0.1162 | −0.086% | $3.5M | $1.3M | 20x | as long as short |
| Binance MARSCOINUSDT | +0.0452% | 4h | 0.1162 | −0.096% | $26.9M | $64.3M | 20x | as long as short |
| Bitget MARSCOINUSDT | +0.0578% | 4h | 0.1162 | −0.052% | $2.7M | $7.4M | 20x | as long as short |
| Aster MARSCOINUSDT | +0.0665% | 4h | 0.1163 | +0.032% | $650K | $907K | 10x | as long as short |
| BloFin MARSCOIN-USDTlong | +0.0678% | 4h | 0.1163 | long leg | $1.3M | $482K | 20x | |
| BingX MARSCOIN-USDT | +0.0968% | 4h | 0.1161 | −0.172% | — | $1.2M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MARSCOINUSDTMshort | +0.1328% | 4h | 0.1162 | −0.069% | $1.6M | $2.6M | 20x | |
| Gate MARSCOIN_USDT | +0.1476% | 4h | 0.1160 | −0.232% | $2.1M | $2.2M | 20x | as long as short |
BloFin MARSCOIN-USDT
KuCoin MARSCOINUSDTM
Phemex MARSCOINUSDT
SunX MARSCOIN-USDT
HTX MARSCOIN-USDT
Bybit MARSCOINUSDT
MEXC MARSCOIN_USDT
Binance MARSCOINUSDT
Bitget MARSCOINUSDT
Aster MARSCOINUSDT
BingX MARSCOIN-USDT
Gate MARSCOIN_USDT