Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.012%
Price spread now: BloFin against KuCoin+0.164%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$781as in the Funding arb table
Net, price: spread back to 7d avg − costs−$747as in the Price arb table
costs, in and out, $10k−$7597.595% of the position
Funding, last 7 days−0.217%−$22 on $10k
+Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.164%, 7d avg +0.041%
=The price spread pays, funding is against you. BloFin is 0.124% dearer against KuCoin than usual: you sell high and buy low (spread +0.164% now, against its 7-day average of +0.041%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 7 days (−0.217% in total) that is about 4.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MIRAUSDTM | 0.05472 | 0.0100 | pay 0.0050% / 4h | 12m 56s | $823K | $120K | 50x |
| Short | BloFin MIRA-USDT | 0.05481 | 0.0070 | get 0.0035% / 4h | 12m 56s | $239K | $17K | 50x |
KuCoin MIRAUSDTM
BloFin MIRA-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
- −$6.33
- Price spread: +0.164% → +0.041%
- $12.39
- Slippage, 4 orders
- −$735.48
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$753.42
- Costs to cover
- 7.595%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 16 min ago; BloFin: live order book, 18 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, 16 min ago | 13.40 bp | 417.9 bp −$418 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 18 min ago | 6.47 bp | 23.1 bp −$23 | 68.7 bp −$687 | doesn't fit | doesn't fit |
MIRA on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MIRAUSD | +0.0043% | 1h | 0.05479 | +0.128% | $5K | $21K | 10x | as long as short |
| BloFin MIRA-USDTshort | +0.0070% | 4h | 0.05481 | +0.164% | $239K | $17K | 50x | |
| Binance MIRAUSDT | +0.0100% | 4h | 0.05482 | +0.183% | $2.6M | $10.2M | 50x | as long as short |
| Gate MIRA_USDT | +0.0100% | 4h | 0.05471 | −0.018% | $251K | $547K | 25x | as long as short |
| MEXC MIRA_USDT | +0.0100% | 4h | 0.05480 | +0.146% | $209K | $182K | 20x | as long as short |
| KuCoin MIRAUSDTMlong | +0.0100% | 4h | 0.05472 | long leg | $823K | $120K | 50x | |
| Bitget MIRAUSDT | +0.0100% | 4h | 0.05474 | +0.037% | $777K | $601K | 20x | as long as short |
| Bybit MIRAUSDT | +0.0194% | 4h | 0.05481 | +0.164% | $1.1M | $2.2M | 25x | as long as short |
Kraken Futures PF_MIRAUSD
Binance MIRAUSDT
Gate MIRA_USDT
MEXC MIRA_USDT
Bitget MIRAUSDT
Bybit MIRAUSDT