Funding you earn now, next payment 12:00 UTC−0.0234%/8h= −25.7% APRnext payment −$1.17 per $10,000 · paid last 24h +0.100%
Price spread now: BloFin against KuCoin−0.265%7-day average +0.364% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,275as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,375as in the Price arb table
costs, in and out, $10k−$1,31213.118% of the position
Funding, last 7 days+0.367%+$37 on $10k
+Price spread, last 4 days (all we have)+0.895%+$89 · spread now −0.265%, 7d avg +0.364%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BloFin is 0.629% cheaper against KuCoin than usual: you would sell low and buy high (−$63 if the spread goes back to its 7-day average of +0.364%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.367%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NAORISUSDTM | 0.03778 | 0.0348 | pay 0.0174% / 4h | 3h 44m | $444K | $27K | 10x |
| Short | BloFin NAORIS-USDT | 0.03768 | 0.0114 | get 0.0057% / 4h | 3h 44m | $293K | $11K | 10x |
KuCoin NAORISUSDTM
BloFin NAORIS-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
- −$49.2
- Price spread: −0.265% → +0.364%
- −$62.89
- Slippage, 4 orders
- −$1,287.76
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$1,423.86
- Costs to cover
- 13.118%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 49 min ago; BloFin: live order book, 30 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, 49 min ago | 38.20 bp | 620.6 bp −$621 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 30 min ago | 3.98 bp | 51.4 bp −$51 | 168.3 bp −$1,683 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NAORISUSDT | +0.0100% | 4h | 0.03786 | +0.207% | $5K | $6K | 5x | as long as short |
| Bybit NAORISUSDT | +0.0100% | 4h | 0.03791 | +0.344% | $1.1M | $393K | 20x | as long as short |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03789 | +0.291% | $295K | $14K | 20x | as long as short |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03800 | +0.582% | $3.4M | $242K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03763 | −0.387% | $78K | $25K | — | as long as short |
| BloFin NAORIS-USDTshort | +0.0114% | 4h | 0.03768 | −0.265% | $293K | $11K | 10x | |
| BingX NAORIS-USDT | +0.0162% | 4h | 0.03787 | +0.238% | — | $1.3M | — | as long as short |
| Binance NAORISUSDT | +0.0163% | 4h | 0.03791 | +0.344% | $5.1M | $1.3M | 10x | as long as short |
| MEXC NAORIS_USDT | +0.0164% | 4h | 0.03805 | +0.715% | $4.5M | $221K | 100x | as long as short |
| Extended NAORIS-USD | +0.0168% | 1h | 0.03795 | +0.449% | $3K | $184K | 5x | as long as short |
Aster NAORISUSDT
Bybit NAORISUSDT
Gate NAORIS_USDT
Bitget NAORISUSDT
Variational Omni NAORIS
BingX NAORIS-USDT
Binance NAORISUSDT
MEXC NAORIS_USDT
Extended NAORIS-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NAORISUSDTMlong | +0.0348% | 4h | 0.03778 | long leg | $444K | $27K | 10x |