Funding you earn now, next payment 04:00 UTC−0.0431%/8h= −47.1% APRnext payment −$2.15 per $10,000 · paid last 24h −0.145%
Price spread now: KuCoin against BloFin−0.350%80s7-day average −0.394% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,410as 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−$1,37513.752% of the position
Funding, last 7 days−0.353%−$35 on $10k
+Price spread, last 3 days (all we have)−0.112%−$11 · spread now −0.350%, 7d avg −0.394%
=The price spread pays, funding is against you. KuCoin is 0.044% dearer against BloFin than usual: you sell high and buy low (spread −0.350% now, against its 7-day average of −0.394%): +$4 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.353% in total) that is about 21 hours. The two prices were read 80 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 | BloFin NAORIS-USDT | 0.03717 | 0.0531 | pay 0.0265% / 4h | 3h 53m | $280K | $10K | 10x |
| Short | KuCoin NAORISUSDTM | 0.03704 | 0.0100 | get 0.0050% / 4h | 3h 53m | $445K | $26K | 10x |
BloFin NAORIS-USDT
KuCoin NAORISUSDTMFunding 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
- −$90.42
- Price spread: −0.350% → −0.394%
- $4.41
- Slippage, 4 orders
- −$1,351.18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,461.19
- Costs to cover
- 13.752%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 13 min ago; KuCoin: live order book, 68 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, 13 min ago | 5.42 bp | 37.0 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 68 min ago | 20.39 bp | 609.3 bp −$609 | doesn't fit | doesn't fit | doesn't fit |
NAORIS 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NAORISUSDT | +0.0100% | 4h | 0.03691 | −0.699% | $1.1M | $498K | 20x | as long as short |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03700 | −0.457% | $288K | $19K | 20x | as long as short |
| KuCoin NAORISUSDTMshort | +0.0100% | 4h | 0.03704 | −0.350% | $445K | $26K | 10x | |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03709 | −0.215% | $3.3M | $231K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03712 | −0.135% | $76K | $24K | — | as long as short |
| Aster NAORISUSDT | +0.0261% | 4h | 0.03702 | −0.399% | $5K | $5K | 5x | as long as short |
| BingX NAORIS-USDT | +0.0482% | 4h | 0.03700 | −0.457% | — | $1.3M | — | as long as short |
| MEXC NAORIS_USDT | +0.0500% | 4h | 0.03695 | −0.592% | $4.3M | $214K | 100x | as long as short |
| Binance NAORISUSDT | +0.0500% | 4h | 0.03698 | −0.511% | $4.9M | $1.4M | 10x | as long as short |
| Extended NAORIS-USD | +0.0504% | 1h | 0.03702 | −0.397% | $4K | $105K | 5x | as long as short |
Bybit NAORISUSDT
Gate NAORIS_USDT
Bitget NAORISUSDT
Variational Omni NAORIS
Aster NAORISUSDT
BingX NAORIS-USDT
MEXC NAORIS_USDT
Binance NAORISUSDT
Extended NAORIS-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NAORIS-USDTlong | +0.0531% | 4h | 0.03717 | long leg | $280K | $10K | 10x |