Funding you earn now, next payment 08:00 UTC−0.0506%/8h= −55.4% APRnext payment −$2.53 per $10,000 · paid last 24h −0.083%
Price spread now: KuCoin against BloFin+0.107%7-day average −0.093% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.263%−$26 on $10k
+Price spread, last 4 days (all we have)−0.369%−$37 · spread now +0.107%, 7d avg −0.093%
=The price spread pays, funding is against you. KuCoin is 0.199% dearer against BloFin than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of −0.093%): +$20 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 7 days (−0.263% in total) that is about 5.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.263% in total (about -13.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.53 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin O-USDT | 0.5627 | 0.0840 | pay 0.0420% / 4h | 3h 51m | $240K | $6K | 20x |
| Short | KuCoin OUSDTM | 0.5633 | 0.0334 | get 0.0167% / 4h | 3h 51m | $1.3M | $673K | 20x |
BloFin O-USDT
KuCoin OUSDTMFunding 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
- −$106.26
- Price spread: +0.107% → −0.093%
- $19.94
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$110.32
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 40 min ago; KuCoin: live order book, 4 min ago. Net counts fees only.
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, 40 min ago | 1.79 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 16.84 bp | 245.9 bp −$246 | doesn't fit | doesn't fit | doesn't fit |
O 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 OUSDT | +0.0100% | 4h | 0.5624 | −0.060% | $21K | $51K | 3x | as long as short |
| Gate O_USDT | +0.0100% | 4h | 0.5630 | +0.053% | $1.5M | $532K | 20x | as long as short |
| Bitget OUSDT | +0.0100% | 4h | 0.5631 | +0.071% | $1.6M | $327K | 10x | as long as short |
| Variational Omni O | +0.0100% | 4h | 0.5626 | −0.017% | $3K | $518 | — | as long as short |
| Binance OUSDT | +0.0177% | 4h | 0.5631 | +0.074% | $4.8M | $1.9M | 10x | as long as short |
| KuCoin OUSDTMshort | +0.0334% | 4h | 0.5633 | +0.107% | $1.3M | $673K | 20x | |
| OKX O-USDT-SWAP | +0.0476% | 4h | 0.5634 | +0.124% | $1.5M | $1.1M | 10x | as long as short |
| MEXC O_USDT | +0.0482% | 4h | 0.5633 | +0.107% | $972K | $168K | 50x | as long as short |
| Bybit OUSDT | +0.0785% | 4h | 0.5633 | +0.107% | $720K | $938K | 20x | as long as short |
| BloFin O-USDTlong | +0.0840% | 4h | 0.5627 | long leg | $240K | $6K | 20x |
Aster OUSDT
Gate O_USDT
Bitget OUSDT
Variational Omni O
Binance OUSDT
OKX O-USDT-SWAP
MEXC O_USDT
Bybit OUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX O-USDT | +0.1298% | 4h | 0.5630 | +0.053% | — | $1.6M | — | as long as short |
BingX O-USDT