Funding you earn now, next payment 00:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against KuCoin+0.082%110s7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$565as 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−$5615.608% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 3 days (all we have)−0.132%−$13 · spread now +0.082%, 7d avg +0.113%
=Funding pays, the price is against you. BloFin is 0.030% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.082% now, against its 7-day average of +0.113%). If the spread goes back, that is −$3 on $10k: about 2.2 days of funding at the current rate (+$1 a day). The two prices were read 110 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 | KuCoin MASKUSDTM | 0.4858 | 0.0100 | pay 0.0050% / 4h | 1h 19m | $600K | $229K | 50x |
| Short | BloFin MASK-USDT | 0.4862 | 0.0146 | get 0.0073% / 4h | 1h 19m | $129K | $20K | 50x |
KuCoin MASKUSDTM
BloFin MASK-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
- $9.67
- Price spread: +0.082% → +0.113%
- −$3.02
- Slippage, 4 orders
- −$536.79
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$554.15
- Costs to cover
- 5.608%
- Break-even
- 408.2 days
Slippage from KuCoin: live order book, 54 min ago; BloFin: live order book, 54 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, 54 min ago | 15.49 bp | 235.1 bp −$235 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 54 min ago | 1.04 bp | 11.9 bp −$12 | 16.6 bp −$166 | doesn't fit | doesn't fit |
MASK on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MASKUSDT | −0.0047% | 4h | 0.4851 | −0.144% | $1.3M | $1.8M | 50x | as long as short |
| Binance MASKUSDT | +0.0100% | 4h | 0.4856 | −0.041% | $2.6M | $9.8M | 50x | as long as short |
| OKX MASK-USDT-SWAP | +0.0100% | 8h | 0.4845 | −0.268% | $505K | $3.1M | 20x | as long as short |
| Gate MASK_USDT | +0.0100% | 8h | 0.4857 | −0.021% | $274K | $658K | 50x | as long as short |
| MEXC MASK_USDT | +0.0100% | 8h | 0.4849 | −0.185% | $1.0M | $326K | 50x | as long as short |
| KuCoin MASKUSDTMlong | +0.0100% | 4h | 0.4858 | long leg | $600K | $229K | 50x | |
| Bitget MASKUSDT | +0.0100% | 4h | 0.4859 | +0.021% | $510K | $1.2M | 50x | as long as short |
| BingX MASK-USDT | +0.0100% | 4h | 0.4853 | −0.103% | — | $2.3M | — | as long as short |
| Variational Omni MASK | +0.0100% | 4h | 0.4848 | −0.208% | $23K | $1 | — | as long as short |
| BloFin MASK-USDTshort | +0.0146% | 4h | 0.4862 | +0.082% | $129K | $20K | 50x |
Bybit MASKUSDT
Binance MASKUSDT
OKX MASK-USDT-SWAP
Gate MASK_USDT
MEXC MASK_USDT
Bitget MASKUSDT
BingX MASK-USDT
Variational Omni MASK