Funding you earn now, next payment 08:00 UTC+0.0054%/8h= +6.0% APRnext payment +$0.27 per $10,000 · paid last 24h −0.057%
Price spread now: KuCoin against BloFin−0.167%50s7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$841as 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−$8328.319% of the position
Funding, last 7 days−0.091%−$9 on $10k
+Price spread, last 4 days (all we have)−0.156%−$16 · spread now −0.167%, 7d avg −0.085%
=Funding pays, the price is against you. KuCoin is 0.082% cheaper against BloFin than usual: you would sell low and buy high (spread −0.167% now, against its 7-day average of −0.085%). If the spread goes back, that is −$8 on $10k: about 5.1 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.091%, so the current rate has only just turned in your favour. The two prices were read 50 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 NOM-USDT | 0.001796 | 0.0122 | pay 0.0061% / 4h | 3h 30m | $320K | $8K | 20x |
| Short | KuCoin NOMUSDTM | 0.001793 | 0.0176 | get 0.0088% / 4h | 3h 30m | $471K | $84K | 20x |
BloFin NOM-USDT
KuCoin NOMUSDTMFunding 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
- $11.43
- Price spread: −0.167% → −0.085%
- −$8.25
- Slippage, 4 orders
- −$807.89
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$828.71
- Costs to cover
- 8.319%
- Break-even
- 514.7 days
Slippage from BloFin: live order book, 65 min ago; KuCoin: live order book, 43 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, 65 min ago | 2.79 bp | 24.8 bp −$25 | 89.8 bp −$898 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 43 min ago | 13.91 bp | 353.2 bp −$353 | doesn't fit | doesn't fit | doesn't fit |
NOM on 7 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 NOMUSDT | −0.0363% | 4h | 0.001790 | −0.334% | $672K | $243K | 25x | as long as short |
| Aster NOMUSDT | +0.0100% | 4h | 0.001791 | −0.264% | $6K | $4K | 5x | as long as short |
| Binance NOMUSDT | +0.0100% | 4h | 0.001794 | −0.111% | $3.4M | $3.1M | 10x | as long as short |
| Gate NOM_USDT | +0.0100% | 4h | 0.001791 | −0.278% | $206K | $40K | 10x | as long as short |
| MEXC NOM_USDT | +0.0100% | 4h | 0.001794 | −0.111% | $393K | $193K | 20x | as long as short |
| BloFin NOM-USDTlong | +0.0122% | 4h | 0.001796 | long leg | $320K | $8K | 20x | |
| KuCoin NOMUSDTMshort | +0.0176% | 4h | 0.001793 | −0.167% | $471K | $84K | 20x |
Bybit NOMUSDT
Aster NOMUSDT
Binance NOMUSDT
Gate NOM_USDT
MEXC NOM_USDT