NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0027%/8h= −2.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.002%

Price spread now: KuCoin against BloFin+0.059%7-day average −0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$194as in the Funding arb table

Net, price: spread back to 7d avg − costs−$179as in the Price arb table

costs, in and out, $10k−$1911.908% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.036%−$4 on $10k

Price spread, last 3 days (all we have)−0.131%−$13 · spread now +0.059%, 7d avg −0.058%

Together, before fees−0.166%−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.117% dearer against BloFin than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of −0.058%): +$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 15 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin NOT-USDT	0.0005093	0.0127	pay 0.0063% / 4h	3h 36m	$112K	$17K	50x
Short	KuCoin NOTUSDTM	0.0005096	0.0100	get 0.0050% / 4h	3h 36m	$466K	$136K	50x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee KuCoinbpOrdersPrice spread, now +0.059%Rate

Funding earned: −$5.62
Price spread: +0.059% → −0.058%: $11.72
Slippage, 4 orders: −$166.81
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$184.7
Costs to cover: 1.908%
Break-even: never at this rate

Slippage from BloFin: live order book, 18 min ago; KuCoin: live order book, 16 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, 18 min ago	3.93 bp	19.9 bp −$20	64.3 bp −$643	doesn't fit	doesn't fit
Sell KuCoin live order book, 16 min ago	10.83 bp	91.4 bp −$91	386.2 bp −$3,862	doesn't fit	doesn't fit

NOT on 16 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_NOTUSD	−0.0332%	1h	0.0005098	+0.103%	$50K	$10K	10x	as long as short
Variational Omni NOT	−0.0101%	4h	0.0005094	+0.014%	$72K	$39K	—	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−4.300%	$1K	$13K	5.5x	as long as short
Gate NOT_USDT	+0.0082%	4h	0.0005094	+0.020%	$142K	$79K	50x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005111	+0.359%	$12K	$5K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005100	+0.137%	$373K	$50K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0005094	+0.026%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0005100	+0.139%	$2.1M	$3.1M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005093	0.000%	$2.1M	$827K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005101	+0.157%	$633K	$612K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC NOT_USDT	+0.0100%	4h	0.0005099	+0.118%	$1.4M	$461K	200x	as long as short
KuCoin NOTUSDTMshort	+0.0100%	4h	0.0005096	+0.059%	$466K	$136K	50x
Bitget NOTUSDT	+0.0100%	4h	0.0005100	+0.137%	$670K	$392K	50x	as long as short
BingX NOT-USDC	+0.0100%	4h	0.0005097	+0.079%	—	$722K	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005098	+0.096%	$4K	$491	5x	as long as short
BloFin NOT-USDTlong	+0.0127%	4h	0.0005093	long leg	$112K	$17K	50x